Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.2986 | +0.0100 | pay 0.0100% / 8h | 2h 02m | $10K | $1.4M | 20x | Long Katana Perps | |
| SHORT | 1.3000 | +0.0003 | 0.0000% / 1h | 2m 08s | $1.3M | $253K | — | Short AZverse |
Price gap+0.108%
Funding gap−0.0097% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0097% /8h now · paid −0.017% over the last 18 hours (all we have)
Price$0spread +0.108% now, avg +0.104% → +0.003% if it goes back
Costsno datano order book for Katana Perps and AZverse
Result, before costs−$1−0.01%no pointscosts unknown: no order book for Katana Perps and 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+0.108%
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
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Katana Perps and AZverse: its slippage is not counted.
- Note: Margin at max leverage$500 + —Katana Perps 20x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.90Long Katana Perps: 3 payments, −$2.99; short AZverse: 24 payments, +$0.09.
- Note: Gap at its usual level+0.108% vs +0.104%The price leg adds little either way.
- Watch: Long leg is thinner$10K vs $1.3M OIKatana Perps sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legKatana Perps No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0075%/8h × 21 periods−$15.80
Price spread+0.108% → +0.104% (7d avg)+$0.34
Slippage, 4 ordersno data for Katana Perps and AZverse—
Fee Katana Perps bp × 2 orders−$3.80
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$31.26
Costs to cover0.158%Break-evennever at this rate
Slippage: Katana Perps: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKatana Perps—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Katana Perps and AZverse: no data.
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