Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 95.113 | +0.0100 | pay 0.0013% / 1h | 14m 58s | $6K | $103K | 5x | Long Reya | |
| SHORT | 95.360 | +0.0008 | get 0.0001% / 1h | 14m 58s | $533K | $183K | — | Short AZverse |
Price gap+0.260%
Funding gap−0.0092% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 32 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$37−0.0092% /8h now · paid +0.370% over the last 4 days (all we have)
Price+$4spread +0.260% now, avg +0.223% → +0.037% if it goes back
Costsno datano order book for Reya and AZverse
Result, before costs+$41+0.41%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya and AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.260%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Reya and AZverse: its slippage is not counted.
- Note: Margin at max leverage$2,000 + —Reya 5x, AZverse —. 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: −$2.76Long Reya: 24 payments, −$3.00; short AZverse: 24 payments, +$0.24.
- OK: Entry gap works for you+0.260% vs +0.223%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$6K vs $533K OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legReya No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0316%/8h × 21 periods+$66.28
Price spread+0.260% → +0.223% (7d avg)+$3.72
Slippage, 4 ordersno data for Reya and AZverse—
Fee Reya bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$52.00
Costs to cover0.180%Break-even1.5 days
Slippage: Reya: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Reya and AZverse: no data.
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