Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 641.20 | +0.0038 | pay 0.0005% / 1h | 25m 00s | $950K | $1.0M | 20x | Long Arcus5% off | |
| SHORT | 642.49 | +0.0008 | get 0.0001% / 1h | 25m 00s | $247K | $13K | — | Short AZverse |
Price gap+0.201%
Funding gap−0.0030% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.034% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0030% /8h now · paid −0.005% over the last 16 hours (all we have)
Price−$3spread +0.201% now, avg +0.235% → −0.034% if it goes back
Costsno datano order book for AZverse
Result, before costs−$4−0.04%+ Points / potential airdropArcus: 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+0.201%
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
/8hMETA on 44 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$500 + —Arcus 20x, 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: −$0.90Long Arcus: 24 payments, −$1.14; short AZverse: 24 payments, +$0.24.
- Watch: Gap narrower than usual+0.201% vs +0.235%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$247K vs $950K OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legArcus pointsVolume here counts toward the points program.
- OK: No KYC on either legArcus No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0027%/8h × 21 periods−$5.69
Price spread+0.201% → +0.235% (7d avg)−$3.40
Slippage, 4 ordersno data for AZverse—
Fee Arcus bp × 2 orders−$4.50
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$25.59
Costs to cover0.165%Break-evennever at this rate
Slippage: Arcus: live order book, 4 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGArcus0.084.2 bp−$410.8 bp−$108doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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