Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG104.62+0.0060pay 0.0008% / 1h41m 28s$200K$150K—Long AZverse
SHORT104.56+0.0490get 0.0061% / 1h41m 28s$867K$25K20xShort 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 forecast
Funding+$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 · history
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

/8h

EWT on 14 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • Problem: Long market closedAZverse
    AZverse 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— + $500
    AZverse —, tradeXYZ 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both 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 OI
    AZverse sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • OK: No KYC on either legAZverse No · tradeXYZ No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding 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 ago

Cost to enter

taker + slippage from mid, one side
BUY · 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.

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