Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 102.90 | +0.0066 | pay 0.0033% / 4h | 1h 37m | $588K | $243K | 30x | Long edgeX | |
| SHORT | 103.03 | −0.0100 | pay 0.0012% / 1h | 37m 20s | $1.0M | $290K | — | Short AZverse |
Price gap+0.131%
Funding gap−0.0165% /8h
Funding costs $5 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−$1−0.0165% /8h now · paid −0.013% over the last 18 hours (all we have)
Price$0spread +0.131% now, avg +0.134% → −0.003% if it goes back
Costsno datano order book for AZverse
Result, before costs−$2−0.02%+ Points / potential airdropedgeX: 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+0.131%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$333 + —edgeX 30x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.95Long edgeX: 6 payments, −$1.97; short AZverse: 24 payments, −$2.99.
- Note: Gap at its usual level+0.131% vs +0.134%The price leg adds little either way.
- Watch: Long leg is thinner$588K vs $1.0M OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legedgeX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0057%/8h × 21 periods−$11.92
Price spread+0.131% → +0.134% (7d avg)−$0.30
Slippage, 4 ordersno data for AZverse—
Fee edgeX bp × 2 orders−$9.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$33.22
Costs to cover0.210%Break-evennever at this rate
Slippage: edgeX: live order book, 7 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX10.5515.1 bp−$1519.3 bp−$19375.7 bp−$7,566doesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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