Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 250.34 | +0.0100 | pay 0.0100% / 8h | 6h 38m | $1K | $108K | 10x | Long Orderly | |
| SHORT | 250.51 | +0.0065 | get 0.0008% / 1h | 38m 10s | $110K | $10K | — | Short AZverse |
Price gap+0.068%
Funding gap−0.0035% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.046% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0035% /8h now · paid −0.055% over the last 2 days (all we have)
Price−$5spread +0.068% now, avg +0.113% → −0.046% if it goes back
Costsno datano order book for Orderly and AZverse
Result, before costs−$10−0.10%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+0.068%
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 · 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 differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.06Long Orderly: 3 payments, −$3.00; short AZverse: 24 payments, +$1.94.
- Watch: Gap narrower than usual+0.068% vs +0.113%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $110K 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−0.0083%/8h × 21 periods−$17.36
Price spread+0.068% → +0.113% (7d avg)−$4.56
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−$39.92
Costs to cover0.180%Break-evennever at this rate
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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