Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 248.88 | +0.0008 | pay 0.0001% / 1h | 47m 58s | $102K | $8K | — | Long AZverse | |
| SHORT | 248.33 | +0.0050 | get 0.0006% / 1h | 47m 58s | $1.2M | $20K | 10x | Short Ondo Perps5% off |
Price gap−0.221%
Funding gap+0.0042% /8h
Funding pays +$1 a day on $10k, but the gap is 0.037% under its 7d average: −$4 if it goes back, about 2.9 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0042% /8h now · paid +0.009% over the last 17 hours (all we have)
Price−$4spread −0.221% now, avg −0.184% → −0.037% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%+ 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−0.221%
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
/8hAMZN on 38 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Ondo Perps 10x. 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: +$1.27Long AZverse: 24 payments, −$0.24; short Ondo Perps: 24 payments, +$1.51.
- Watch: Gap narrower than usual−0.221% vs −0.184%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$102K vs $1.2M OIAZverse 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 legAZverse No · Ondo Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0043%/8h × 21 periods+$8.98
Price spread−0.221% → −0.184% (7d avg)−$3.67
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$11.68
Costs to cover0.170%Break-even16.1 days
Slippage: AZverse: no order-book sample; Ondo Perps: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTOndo Perps2.429.4 bp−$925.4 bp−$254doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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