Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 228.35 | −0.0060 | get 0.0008% / 1h | 59m 44s | $247K | $144K | — | Long AZverse | |
| SHORT | 228.26 | 0 | 0.0000% / 8h | 4h 59m | $1K | $177K | 10x | Short GRVT |
Price gap−0.039%
Funding gap+0.0060% /8h
Funding pays +$2 a day on $10k, but the gap is 0.038% under its 7d average: −$4 if it goes back, about 2.1 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3+0.0060% /8h now · paid −0.030% over the last 23 hours (all we have)
Price−$4spread −0.039% now, avg −0.001% → −0.038% if it goes back
Costsno datano order book for AZverse
Result, before costs−$7−0.07%+ Points / potential airdropGRVT: 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−0.039%
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
/8hMRVL on 36 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, GRVT 10x. 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: +$1.80Long AZverse: 24 payments, +$1.80; short GRVT: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.039% vs −0.001%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$1K vs $247K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0106%/8h × 21 periods−$22.16
Price spread−0.039% → −0.001% (7d avg)−$3.78
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee GRVT bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$46.93
Costs to cover0.210%Break-evennever at this rate
Slippage: AZverse: no order-book sample; GRVT: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTGRVT1.5317.2 bp−$1733.1 bp−$331doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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