Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 321.30 | +0.0008 | pay 0.0001% / 1h | 21m 04s | $684K | $250K | — | Long AZverse | |
| SHORT | 321.33 | +0.0048 | get 0.0006% / 1h | 21m 04s | $403K | $245K | 20x | Short Popdex |
Price gap+0.009%
Funding gap+0.0040% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2+0.0040% /8h now · paid −0.022% over the last 18 hours (all we have)
Price+$1spread +0.009% now, avg +0.002% → +0.008% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%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+0.009%
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
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Popdex 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: +$1.20Long AZverse: 24 payments, −$0.24; short Popdex: 24 payments, +$1.44.
- Note: Gap at its usual level+0.009% vs +0.002%The price leg adds little either way.
- Watch: Short leg is thinner$403K vs $684K OIPopdex 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 · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0099%/8h × 21 periods−$20.69
Price spread+0.009% → +0.002% (7d avg)+$0.77
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k−$38.32
Costs to cover0.184%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Popdex: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPopdex0.474.6 bp−$59.7 bp−$97doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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