Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,197.2 | +0.0040 | pay 0.0005% / 1h | 38m 21s | $2.0M | $719K | — | Long AZverse | |
| SHORT | 1,196.9 | −0.0004 | pay 0.0001% / 1h | 38m 21s | $182K | $1.7M | 20x | Short Bullet |
Price gap−0.027%
Funding gap−0.0044% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.036% 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$0−0.0044% /8h now · paid +0.003% over the last 23 hours (all we have)
Price−$4spread −0.027% now, avg +0.009% → −0.036% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%no pointscosts 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−0.027%
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
/8hZEC on 51 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Bullet 20x. 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: −$1.33Long AZverse: 24 payments, −$1.20; short Bullet: 24 payments, −$0.13.
- Watch: Gap narrower than usual−0.027% vs +0.009%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$182K vs $2.0M OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0010%/8h × 21 periods+$2.10
Price spread−0.027% → +0.009% (7d avg)−$3.56
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bullet bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$13.45
Costs to cover0.120%Break-even51.8 days
Slippage: AZverse: no order-book sample; Bullet: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBullet0.080.5 bp$05.8 bp−$58doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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