Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2975 | +0.0296 | pay 0.0037% / 1h | 47m 07s | $33K | $136K | 7x | Long Hibachi | |
| SHORT | 1.2991 | +0.0040 | get 0.0005% / 1h | 47m 07s | $1.3M | $153K | — | Short AZverse |
Price gap+0.123%
Funding gap−0.0256% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $8 a day and eats that in about 15 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$14−0.0256% /8h now · paid −0.138% over the last 2 days (all we have)
Price+$5spread +0.123% now, avg +0.076% → +0.047% if it goes back
Costsno datano order book for AZverse
Result, before costs−$9−0.09%+ Points / potential airdropHibachi: 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+0.123%
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
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,429 + —Hibachi 7x, 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: −$7.68Long Hibachi: 24 payments, −$8.88; short AZverse: 24 payments, +$1.20.
- OK: Entry gap works for you+0.123% vs +0.076%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$33K vs $1.3M OIHibachi sets your exit cost. Check its book before closing.
- OK: Points on a legHibachi pointsVolume here counts toward the points program.
- OK: No KYC on either legHibachi No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0207%/8h × 21 periods−$43.47
Price spread+0.123% → +0.076% (7d avg)+$4.69
Slippage, 4 ordersno data for AZverse—
Fee Hibachi bp × 2 orders−$9.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$59.78
Costs to cover0.210%Break-evennever at this rate
Slippage: Hibachi: live order book, 45 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHibachi0.235.8 bp−$636.0 bp−$360doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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