Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 104.62 | +0.0060 | pay 0.0008% / 1h | 41m 28s | $200K | $150K | — | Long AZverse | |
| SHORT | 104.56 | +0.0490 | get 0.0061% / 1h | 41m 28s | $867K | $25K | 20x | Short tradeXYZ |
Price gap−0.057%
Funding gap+0.0430% /8h
Both sides work: funding pays +$13 a day on $10k, and the gap is 0.047% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0430% /8h now · paid +0.028% over the last 17 hours (all we have)
Price+$5spread −0.057% now, avg −0.104% → +0.047% if it goes back
Costsno datano order book for AZverse
Result, before costs+$8+0.08%+ 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 above what this pair has been paying: over the last 17 hours it paid +0.028% in total, about +0.0130%/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−0.057%
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
4 ok · 2 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 —, tradeXYZ 20x. 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: +$12.90Long AZverse: 24 payments, −$1.80; short tradeXYZ: 24 payments, +$14.70.
- OK: Entry gap works for you−0.057% vs −0.104%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$200K vs $867K 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+0.0130%/8h × 21 periods+$27.40
Price spread−0.057% → −0.104% (7d avg)+$4.68
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+$18.28
Costs to cover0.138%Break-even2.3 days
Slippage: AZverse: no order-book sample; tradeXYZ: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTtradeXYZ5.7414.2 bp−$1485.4 bp−$854358.7 bp−$35.9Kdoesn’t fit
Closing costs about the same again.
AZverse: no data.
