Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 104.76 | +0.0060 | pay 0.0008% / 1h | 35m 48s | $200K | $140K | — | Long AZverse | |
| SHORT | 104.75 | 0 | 0.0000% / 8h | 3h 35m | $2K | $118K | 10x | Short GRVT |
Price gap−0.009%59s
Funding gap−0.0060% /8h
Funding costs $2 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−$2−0.0060% /8h now · paid −0.018% over the last 1 day (all we have)
Price—spread −0.009%59s 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−0.009%
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
2 ok · 4 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— + $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: −$1.80Long AZverse: 24 payments, −$1.80; short GRVT: 3 payments, $0.00.
- Watch: Prices read 59 s apart−0.009% vs +0.008%Part of this gap may be the market moving.
- Watch: Short leg is thinner$2K vs $200K 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−0.0059%/8h × 21 periods−$12.39
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−$33.39
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, 45 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTGRVT9.5448.8 bp−$49doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
