Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 642.71 | +0.0008 | pay 0.0001% / 1h | 38m 19s | $247K | $13K | — | Long AZverse | |
| SHORT | 641.58 | +0.0050 | get 0.0006% / 1h | 38m 19s | $1.7M | $283K | 10x | Short Ondo Perps5% off |
Price gap−0.176%
Funding gap+0.0042% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.031% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0042% /8h now · paid −0.001% over the last 16 hours (all we have)
Price+$3spread −0.176% now, avg −0.207% → +0.031% if it goes back
Costsno datano order book for AZverse
Result, before costs+$3+0.03%+ Points / potential airdropOndo Perps: 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−0.176%
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
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Ondo Perps 10x. 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: +$1.27Long AZverse: 24 payments, −$0.24; short Ondo Perps: 24 payments, +$1.51.
- OK: Entry gap works for you−0.176% vs −0.207%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$247K vs $1.7M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Ondo Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0004%/8h × 21 periods−$0.78
Price spread−0.176% → −0.207% (7d avg)+$3.10
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Ondo Perps bp × 2 orders−$5.00
Net, fees only · 7 days · $10k−$14.68
Costs to cover0.170%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Ondo Perps: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTOndo Perps2.815.3 bp−$55.7 bp−$57doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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