Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 47.270 | −0.0180 | get 0.0023% / 1h | 12m 00s | $534K | $161K | — | Long AZverse | |
| SHORT | 47.291 | −0.0231 | pay 0.0231% / 8h | 7h 12m | $24K | $183K | 10x | Short GRVT |
Price gap+0.045%61s
Funding gap−0.0051% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.3 days. At the last 7 days' pace that is about 12 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.0051% /8h now · paid −0.058% over the last 21 hours (all we have)
Price—spread +0.045%61s now · prices read too far apart to compare
Costsno datano order book for AZverse
Result, before costs—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together
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+0.045%
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
/8hDRAM on 37 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.52Long AZverse: 24 payments, +$5.41; short GRVT: 3 payments, −$6.93.
- Watch: Prices read 61 s apart+0.045% vs +0.011%Part of this gap may be the market moving.
- Watch: Short leg is thinner$24K vs $534K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0225%/8h × 21 periods−$47.26
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee GRVT bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$68.26
price spread not counted: prices read too far apartCosts to cover0.210%Break-evennever at this rate
Slippage: AZverse: no order-book sample; GRVT: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTGRVT2.119.4 bp−$922.0 bp−$220doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
| 10-22 01:30 | Kalshi | Other | FUN FACT: Micron has increased the amount of DRAM produced per wafer by about 400x over the past 30 years @Kalshi on X ↗ |
| 10-18 00:45 | Arcus | Other | This weekend, memory stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through the wick without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗ |
| 10-18 00:40 | Arcus | Other | This weekend, AI infrastructure stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗ |
| 10-16 15:31 | Vest Markets | Other | US-listed memory shares are extending a week-long selloff, with $SKHY down around 5% on the session. Over $700 billion in global memory-chip market value has been erased since October 10, when China's CXMT detailed a denser 4F2 DRAM design. Goldman flagged $SKHY and Samsung today as attractive risk/reward, arguing the market overestimated China's tech gap. @VestExchange on X ↗ |
| 10-15 01:05 | edgeX | Listing | DRAMUSDC no longer reported ($DRAM) seen by our collector |
| 10-12 15:30 | Vest Markets | Other | Memory names are under pressure on the session, with $MU down around 4% and $SNDK down around 6.5%. Chinese DRAM maker CXMT said over the weekend it made key progress on a denser 4F² cell design, with a DDR5 server product planned by end-2026. Trade $MU, $SNDK and broader memory volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |

Kalshi
edgeX