Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 321.37 | +0.0008 | pay 0.0001% / 1h | 41m 26s | $683K | $250K | — | Long AZverse | |
| SHORT | 320.70 | +0.0050 | get 0.0006% / 1h | 41m 26s | $99.1M | $6.1M | 20x | Short tradeXYZ |
Price gap−0.208%
Funding gap+0.0042% /8h
Funding pays +$1 a day on $10k, but the gap is 0.024% under its 7d average: −$2 if it goes back, about 45 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0042% /8h now · paid −0.010% over the last 17 hours (all we have)
Price−$2spread −0.208% now, avg −0.185% → −0.024% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%+ Points / potential airdroptradeXYZ: points · farm boardcosts 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−0.208%
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
3 ok · 2 to watch- 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: +$1.26Long AZverse: 24 payments, −$0.24; short tradeXYZ: 24 payments, +$1.50.
- Watch: Gap narrower than usual−0.208% vs −0.185%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$683K vs $99.1M 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−0.0048%/8h × 21 periods−$10.04
Price spread−0.208% → −0.185% (7d avg)−$2.35
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−$26.19
Costs to cover0.138%Break-evennever at this rate
Slippage: AZverse: no order-book sample; tradeXYZ: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTtradeXYZ0.472.3 bp−$26.1 bp−$6118.6 bp−$1,858122.5 bp−$61.3K
Closing costs about the same again.
AZverse: no data.
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