Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 344.55 | −0.0096 | get 0.0012% / 1h | 45m 37s | $124K | $7K | — | Long AZverse | |
| SHORT | 344.15 | +0.0099 | get 0.0099% / 8h | 7h 45m | $8K | $1.6M | 10x | Short Orderly |
Price gap−0.116%
Funding gap+0.0196% /8h
Funding trade: +$6 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0196% /8h now · paid +0.079% over the last 2 days (all we have)
Price$0spread −0.116% now, avg −0.113% → −0.003% if it goes back
Costsno datano order book for AZverse and Orderly
Result, before costs+$8+0.08%no pointscosts unknown: no order book for AZverse and Orderly · 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−0.116%
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
/8hAAPL on 40 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse and Orderly: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$5.87Long AZverse: 24 payments, +$2.88; short Orderly: 3 payments, +$2.98.
- Note: Gap at its usual level−0.116% vs −0.113%The price leg adds little either way.
- Watch: Short leg is thinner$8K vs $124K 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 legAZverse No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0122%/8h × 21 periods+$25.53
Price spread−0.116% → −0.113% (7d avg)−$0.31
Slippage, 4 ordersno data for AZverse and Orderly—
Fee AZverse bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k+$7.22
Costs to cover0.180%Break-even5.0 days
Slippage: AZverse: no order-book sample; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTOrderly—————
Closing costs about the same again.
AZverse and Orderly: no data.
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