Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 103.33 | −0.0007 | get 0.0001% / 1h | 1m 29s | $708K | $501K | 10x | Long Nado20% off | |
| SHORT | 103.15 | −0.0073 | pay 0.0009% / 1h | 1m 29s | $1.0M | $296K | — | Short AZverse |
Price gap−0.170%
Funding gap−0.0066% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.190% 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−$2−0.0066% /8h now · paid −0.019% over the last 19 hours (all we have)
Price−$19spread −0.170% now, avg +0.020% → −0.190% if it goes back
Costsno datano order book for AZverse
Result, before costs−$21−0.21%+ Points / potential airdropNado: 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−0.170%
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 · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Nado 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: −$1.99Long Nado: 24 payments, +$0.20; short AZverse: 24 payments, −$2.20.
- Watch: Gap narrower than usual−0.170% vs +0.020%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$708K vs $1.0M OINado sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legNado No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0081%/8h × 21 periods−$17.07
Price spread−0.170% → +0.020% (7d avg)−$18.99
Slippage, 4 ordersno data for AZverse—
Fee Nado bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$55.06
Costs to cover0.190%Break-evennever at this rate
Slippage: Nado: live order book, 43 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGNado0.054.3 bp−$412.6 bp−$126doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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