Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 103.10 | −0.0098 | get 0.0012% / 1h | 3m 21s | $1.0M | $285K | — | Long AZverse | |
| SHORT | 103.00 | −0.0536 | pay 0.0067% / 1h | 3m 21s | $5.7M | $9.8M | 10x | Short Extended10% off |
Price gap−0.097%
Funding gap−0.0438% /8h
Funding costs $13 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7−0.0438% /8h now · paid −0.074% over the last 18 hours (all we have)
Price+$2spread −0.097% now, avg −0.117% → +0.020% if it goes back
Costsno datano order book for AZverse
Result, before costs−$5−0.05%+ Points / potential airdropExtended: 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−0.097%
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
/8hCL on 45 exchanges
lowest funding firstBefore you open
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Extended 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: −$13.14Long AZverse: 24 payments, +$2.94; short Extended: 24 payments, −$16.08.
- Note: Gap at its usual level−0.097% vs −0.117%The price leg adds little either way.
- Watch: Long leg is thinner$1.0M vs $5.7M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Extended NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0331%/8h × 21 periods−$69.55
Price spread−0.097% → −0.117% (7d avg)+$1.96
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Extended bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$84.59
Costs to cover0.170%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Extended: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTExtended0.244.0 bp−$44.5 bp−$4525.2 bp−$2,518doesn’t fit
Closing costs about the same again.
AZverse: no data.
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