Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 248.45 | +0.0040 | pay 0.0005% / 1h | 42m 22s | $52K | $2K | 10x | Long Backpack | |
| SHORT | 248.73 | +0.0008 | get 0.0001% / 1h | 42m 22s | $102K | $8K | — | Short AZverse |
Price gap+0.113%
Funding gap−0.0032% /8h
The gap pays +$11 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 12 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0032% /8h now · no funding history yet
Price—spread +0.113% now · no price history on both exchanges yet
Costsno datano order book for Backpack and AZverse
Result, before costs—no pointsneeds funding history
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+0.113%
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
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Backpack and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Backpack 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: −$0.95Long Backpack: 24 payments, −$1.19; short AZverse: 24 payments, +$0.24.
- Note: No 7-day spread history+0.113%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$52K vs $102K OIBackpack sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · AZverse NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$6.65
Price spread+0.113% → 0+$11.27
Slippage, 4 ordersno data for Backpack and AZverse—
Fee Backpack bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$17.38
Costs to cover0.220%Break-evennever at this rate
Slippage: Backpack: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Backpack and AZverse: no data.
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| 10-20 19:30 | Kalshi | Other | JUST IN: Amazon to hire over 300,000 seasonal workers for the holidays, up 20% from last year @Kalshi on X ↗ |
| 10-20 10:30 | MEXC | Other | Amazon just got another AI-cloud vote of confidence. 👀 $AMZN jumped 5% to ~$262.45 as expectations for AWS growth improved. One-day pop, or is Amazon momentum finally waking up? 👇 @MEXC on X ↗ |

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