Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.3104 | +0.0040 | pay 0.0005% / 1h | 48m 59s | $1.3M | $247K | — | Long AZverse | |
| SHORT | 1.3080 | −0.0549 | pay 0.0069% / 1h | 48m 59s | $22K | $140K | 15x | Short Reya |
Price gap−0.183%
Funding gap−0.0589% /8h
Both sides work against this direction now: funding costs $18 a day on $10k and the gap is 0.035% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0589% /8h now · paid −0.051% over the last 17 hours (all we have)
Price−$3spread −0.183% now, avg −0.148% → −0.035% if it goes back
Costsno datano order book for AZverse and Reya
Result, before costs−$9−0.09%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for AZverse and Reya · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.183%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hXRP on 52 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse and Reya: its slippage is not counted.
- Note: Margin at max leverage— + $667AZverse —, Reya 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$17.66Long AZverse: 24 payments, −$1.20; short Reya: 24 payments, −$16.46.
- Watch: Gap narrower than usual−0.183% vs −0.148%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$22K vs $1.3M OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Reya NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0235%/8h × 21 periods−$49.42
Price spread−0.183% → −0.148% (7d avg)−$3.50
Slippage, 4 ordersno data for AZverse and Reya—
Fee AZverse bp × 2 orders−$12.00
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$70.92
Costs to cover0.180%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Reya: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTReya—————
Closing costs about the same again.
AZverse and Reya: no data.
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