Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.7070 | −0.0316 | get 0.0158% / 4h | 4m 22s | $28K | $198K | 10x | Long Orderly | |
| SHORT | 1.7080 | +0.0070 | get 0.0009% / 1h | 4m 22s | $147K | $143K | — | Short AZverse |
Price gap+0.059%
Funding gap+0.0386% /8h
Funding pays +$12 a day on $10k, but the gap is 0.069% under its 7d average: −$7 if it goes back, about 14 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4+0.0386% /8h now · paid +0.045% over the last 9 hours (all we have)
Price−$7spread +0.059% now, avg +0.128% → −0.069% if it goes back
Costsno datano order book for Orderly and AZverse
Result, before costs−$2−0.02%no pointscosts unknown: no order book for Orderly 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+0.059%
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
/8hZRO on 31 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Orderly and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Orderly 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$11.57Long Orderly: 6 payments, +$9.47; short AZverse: 24 payments, +$2.10.
- Watch: Gap narrower than usual+0.059% vs +0.128%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$28K vs $147K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legOrderly No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0403%/8h × 21 periods+$84.70
Price spread+0.059% → +0.128% (7d avg)−$6.92
Slippage, 4 ordersno data for Orderly and AZverse—
Fee Orderly bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$59.78
Costs to cover0.180%Break-even2.1 days
Slippage: Orderly: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Orderly and AZverse: no data.
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