Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 197.68 | −0.0094 | get 0.0012% / 1h | 26m 57s | $51K | $82K | — | Long AZverse | |
| SHORT | 197.65 | −0.0128 | pay 0.0128% / 8h | 26m 57s | $2.8M | $6.4M | 20x | Short Binance |
Price gap−0.015%51s
Funding gap−0.0034% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0034% /8h now · no funding history yet
Price—spread −0.015%51s now · prices read too far apart to compare
Costsno datano order book for AZverse
Result, before costs—no pointsneeds funding history
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−0.015%
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
/8hMRNA on 27 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.02Long AZverse: 24 payments, +$2.82; short Binance: 3 payments, −$3.83.
- Watch: Prices read 51 s apart−0.015% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$51K vs $2.8M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$7.12
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$27.12
price spread not counted: prices read too far apartCosts to cover0.200%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Binance: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBinance0.7612.1 bp−$1247.8 bp−$478doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
| 10-25 09:09 | AZverse | Listing | new market mrna_usdt ($MRNA) seen by our collector |
| 10-22 20:48 | Arcus | Other | $MRNA fell 25% today and was halted intraday on its primary exchange. The MRNA perp on Arcus kept trading through the halt. Traders could open, reduce, or close positions the entire time - as there is no halt state on Arcus perps. Markets run 24/7. Read more about Arcus RWA Perps here: @arcus_xyz on X ↗ |
| 10-22 19:35 | Phoenix | Other | Moderna falls after reported leak of Phase 3 melanoma vaccine data showing a 42% cut in recurrence risk, below Phase 2's 49%. $MRNA is trading at $195 on Phoenix, 24/7. @PhoenixTrade on X ↗ |
| 10-22 19:27 | Bitget | Other | Stay on top of fast-moving stock markets with Bitget Stock Perps. 📈📉 Here's the latest on Moderna $MRNA today ⤵️ @bitget on X ↗ |
| 10-20 17:07 | Phoenix | Other | JUST IN: Moderna $MRNA is still climbing, up nearly 7% in the last 24 hours ahead of Saturday's Phase 3 cancer vaccine data at ESMO. @PhoenixTrade on X ↗ |
| 10-19 13:46 | Phoenix | Other | JUST IN: $MRNA jumps 8.45% in anticipation of their Stage 3 cancer vaccine clinical trial results releasing on October 24. @PhoenixTrade on X ↗ |

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