Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2981 | +0.0104 | pay 0.0013% / 1h | 3m 46s | $1.9M | $1.9M | 50x | Long Extended10% off | |
| SHORT | 1.2993 | +0.0001 | 0.0000% / 1h | 3m 46s | $1.3M | $253K | — | Short AZverse |
Price gap+0.096%
Funding gap−0.0103% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.034% 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−$2−0.0103% /8h now · paid −0.019% over the last 18 hours (all we have)
Price−$3spread +0.096% now, avg +0.130% → −0.034% if it goes back
Costsno datano order book for AZverse
Result, before costs−$5−0.05%+ Points / potential airdropExtended: points · farm boardcosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.096%
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 · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$200 + —Extended 50x, AZverse —. 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: −$3.09Long Extended: 24 payments, −$3.12; short AZverse: 24 payments, +$0.03.
- Watch: Gap narrower than usual+0.096% vs +0.130%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Short leg is thinner$1.3M vs $1.9M OIBoth legs are deep; AZverse is the smaller one.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0085%/8h × 21 periods−$17.83
Price spread+0.096% → +0.130% (7d avg)−$3.42
Slippage, 4 ordersno data for AZverse—
Fee Extended bp × 2 orders−$5.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$38.25
Costs to cover0.170%Break-evennever at this rate
Slippage: Extended: live order book, 1 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGExtended0.383.1 bp−$35.8 bp−$58doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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