Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 640.21 | +0.0033 | pay 0.0004% / 1h | 17m 42s | $516 | $241K | 25x | Long Injective | |
| SHORT | 642.51 | +0.0008 | get 0.0001% / 1h | 17m 42s | $247K | $13K | — | Short AZverse |
Price gap+0.359%
Funding gap−0.0025% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 10 days. At the last 7 days' pace that is about 41 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.0025% /8h now · paid −0.030% over the last 16 hours (all we have)
Price+$8spread +0.359% now, avg +0.281% → +0.078% if it goes back
Costsno datano order book for AZverse
Result, before costs+$5+0.05%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+0.359%
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 · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$400 + —Injective 25x, 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: −$0.76Long Injective: 24 payments, −$1.00; short AZverse: 24 payments, +$0.24.
- OK: Entry gap works for you+0.359% vs +0.281%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$516 vs $247K OIInjective sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legInjective No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0153%/8h × 21 periods−$32.18
Price spread+0.359% → +0.281% (7d avg)+$7.77
Slippage, 4 ordersno data for AZverse—
Fee Injective bp × 2 orders−$0.02
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$36.43
Costs to cover0.120%Break-evennever at this rate
Slippage: Injective: live order book, 42 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGInjective40.4740.5 bp−$4012145.9 bp−$121.5Kdoesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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