Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 104.73 | +0.0060 | pay 0.0008% / 1h | 24m 20s | $200K | $143K | — | Long AZverse | |
| SHORT | 104.75 | 0 | 0.0000% / 8h | 5h 24m | $1.3M | $92K | 20x | Short Bitget |
Price gap+0.019%
Funding gap−0.0060% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.024% 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−$2−0.0060% /8h now · paid −0.017% over the last 23 hours (all we have)
Price−$2spread +0.019% now, avg +0.043% → −0.024% if it goes back
Costsno datano order book for AZverse
Result, before costs−$4−0.04%no pointscosts 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+0.019%
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
/8hEWT on 14 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Problem: Long market closedAZverseAZverse says this market is not taking trades right now: the price is the last one before it closed.
- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Bitget 20x. 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: −$1.80Long AZverse: 24 payments, −$1.80; short Bitget: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.019% vs +0.043%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$200K vs $1.3M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0058%/8h × 21 periods−$12.27
Price spread+0.019% → +0.043% (7d avg)−$2.35
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bitget bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$38.62
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Bitget: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBitget2.8622.5 bp−$2286.2 bp−$862doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.