Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 104.78 | +0.0060 | pay 0.0008% / 1h | 15m 37s | $200K | $139K | — | Long AZverse | |
| SHORT | 104.77 | 0 | 0.0000% / 8h | 3h 15m | $1K | $222K | 10x | Short SunX≤10% back |
Price gap−0.010%
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−$1spread −0.010% now, avg +0.002% → −0.011% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%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−0.010%
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
1 ok · 3 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 —, SunX 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 SunX: 3 payments, $0.00.
- Note: Gap at its usual level−0.010% vs +0.002%The price leg adds little either way.
- Watch: Short leg is thinner$1K vs $200K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0058%/8h × 21 periods−$12.23
Price spread−0.010% → +0.002% (7d avg)−$1.11
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$33.34
Costs to cover0.200%Break-evennever at this rate
Slippage: AZverse: no order-book sample; SunX: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTSunX88.27doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
