Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 230.25 | +0.0172 | pay 0.0021% / 1h | 15m 39s | $8.6M | $2.1M | 10x | Long tradeXYZ | |
| SHORT | 230.63 | +0.0065 | get 0.0008% / 1h | 15m 39s | $250K | $150K | — | Short AZverse |
Price gap+0.165%
Funding gap−0.0106% /8h
Funding costs $3 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−$1−0.0106% /8h now · paid −0.007% over the last 17 hours (all we have)
Price+$1spread +0.165% now, avg +0.154% → +0.011% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%+ Points / potential airdroptradeXYZ: 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+0.165%
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
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$1,000 + —tradeXYZ 10x, 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: −$3.19Long tradeXYZ: 24 payments, −$5.15; short AZverse: 24 payments, +$1.96.
- Note: Gap at its usual level+0.165% vs +0.154%The price leg adds little either way.
- Watch: Short leg is thinner$250K vs $8.6M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legtradeXYZ No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0031%/8h × 21 periods−$6.56
Price spread+0.165% → +0.154% (7d avg)+$1.13
Slippage, 4 ordersno data for AZverse—
Fee tradeXYZ bp × 2 orders−$1.80
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$19.23
Costs to cover0.138%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 9 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.223.3 bp−$311.4 bp−$11481.4 bp−$8,143doesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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