Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 85.560 | +0.0008 | pay 0.0001% / 1h | 41m 28s | $127K | $10K | — | Long AZverse | |
| SHORT | 85.477 | −0.0428 | pay 0.0054% / 1h | 41m 28s | $62.4M | $8.3M | 10x | Short tradeXYZ |
Price gap−0.097%
Funding gap−0.0436% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $13 a day and eats that in about 9 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2−0.0436% /8h now · paid +0.017% over the last 17 hours (all we have)
Price+$5spread −0.097% now, avg −0.143% → +0.046% if it goes back
Costsno datano order book for AZverse
Result, before costs+$6+0.06%+ Points / potential airdroptradeXYZ: points · farm boardcosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 17 hours it paid +0.017% in total, about +0.0077%/8h on average.
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
/8hCRCL on 44 exchanges
lowest funding firstBefore you open
4 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 —, tradeXYZ 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: −$13.09Long AZverse: 24 payments, −$0.24; short tradeXYZ: 24 payments, −$12.85.
- OK: Entry gap works for you−0.097% vs −0.143%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$127K vs $62.4M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · tradeXYZ NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0077%/8h × 21 periods+$16.09
Price spread−0.097% → −0.143% (7d avg)+$4.64
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$1.80
Net, fees only · 7 days · $10k+$6.93
Costs to cover0.138%Break-even4.0 days
Slippage: AZverse: no order-book sample; tradeXYZ: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTtradeXYZ1.003.4 bp−$36.8 bp−$6833.5 bp−$3,350doesn’t fit
Closing costs about the same again.
AZverse: no data.
| 10-23 08:04 | Reya | Listing | $CRCL $HOOD $MSTR perps are live on Reya. The stablecoin issuer, the broker, and the one people bought because they couldn't buy bitcoin. Now all three trade next to our bitcoin perp. 24/7. 16 RWA perps and counting. Climb the waitlist to get inside. @reya_xyz on X ↗ |
| 10-22 22:57 | Injective | Token | The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 10-20 13:01 | Reya | Listing | new market CRCLRUSDPERP ($CRCL) seen by our collector |
| 10-13 15:17 | Aster | Listing | new market CRCLUSD1 ($CRCL) seen by our collector |
| 10-10 11:17 | Phemex | Other | 24h top movers on Phemex: $ADA $0.2509 ▲ 7.05% $PLTR $208.86 ▲ 4.79% $CRCL $85.17 ▲ 4.07% Crypto and TradFi names on the same board. One USDT account. 24/7. @Phemex_official on X ↗ |
| 10-09 02:01 | SoDEX | Other | 📊 SoDEX 24h Movers · Oct 9 82 of 92 markets lower. US equities broadly declined with the Dow down 0.66% and VIX rising, while energy and gold bucked the trend. AI tokens faced pressure as the investment narrative shifted from hardware supply to ROI validation. BTC ETFs saw $119M inflows while ETH ETFs saw $202M outflows. What moved them $PLTR · Nasdaq 100 components diverged; software and analytics stocks gained while AI infrastructure names pulled back. $CL · WTI crude surged 3.4% to $94.03/barrel as Saudi Arabia negotiated long-term oil contracts outside the Strait of Hormuz. $AAPL · Apple scheduled a smart home product launch on October 13 in New York and appointed a new M&A head under CEO John Ternus. $LIT · Citrini Research disclosed a crypto portfolio including LIT; Lighter's open interest hit a 2026 high with Robinhood contributing ~25% of fee $CRCL · Securitize listed Circle among upcoming tokenized stocks on Solana as part of its new 1:1 backed stock tokenization product. 10 up · 82 down · 0 flat across 92 perp markets. 24 also trade spot. FOMC, CPI, payrolls — consensus vs. actual, plus the Treasury curve — on one SoSoValue macro board. Trade 👉 @sodex_official on X ↗ |

Injective
Aster
Phemex
SoDEX