Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,187.9 | +0.0100 | pay 0.0013% / 1h | 7m 12s | $624K | $261K | 10x | Long Ondo Perps5% off | |
| SHORT | 1,188.4 | −0.0027 | pay 0.0003% / 1h | 7m 12s | $2.0M | $743K | — | Short AZverse |
Price gap+0.039%
Funding gap−0.0127% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $4 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−$2−0.0127% /8h now · paid −0.017% over the last 19 hours (all we have)
Price+$2spread +0.039% now, avg +0.014% → +0.024% if it goes back
Costsno datano order book for AZverse
Result, before costs+$1+0.01%+ Points / potential airdropOndo Perps: 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+0.039%
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
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$1,000 + —Ondo Perps 10x, 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: −$3.82Long Ondo Perps: 24 payments, −$3.00; short AZverse: 24 payments, −$0.82.
- OK: Entry gap works for you+0.039% vs +0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$624K vs $2.0M OIOndo Perps sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legOndo Perps No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0074%/8h × 21 periods−$15.45
Price spread+0.039% → +0.014% (7d avg)+$2.44
Slippage, 4 ordersno data for AZverse—
Fee Ondo Perps bp × 2 orders−$5.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$30.01
Costs to cover0.170%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 37 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps4.1610.9 bp−$1114.2 bp−$142doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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