Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 887.70 | −0.0184 | get 0.0023% / 1h | 43m 31s | $946K | $292K | — | Long AZverse | |
| SHORT | 887.73 | −0.0279 | pay 0.0035% / 1h | 43m 31s | $218K | $190K | 10x | Short Nado20% off |
Price gap+0.003%
Funding gap−0.0096% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 28 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0096% /8h now · paid −0.015% over the last 20 hours (all we have)
Price+$3spread +0.003% now, avg −0.030% → +0.034% if it goes back
Costsno datano order book for AZverse
Result, before costs+$2+0.02%+ Points / potential airdropNado: 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+0.003%
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
/8hMU on 46 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 —, Nado 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: −$2.87Long AZverse: 24 payments, +$5.51; short Nado: 24 payments, −$8.38.
- OK: Entry gap works for you+0.003% vs −0.030%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$218K vs $946K OINado sets your exit cost. Check its book before closing.
- OK: Points on a legNado pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Nado NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0059%/8h × 21 periods−$12.29
Price spread+0.003% → −0.030% (7d avg)+$3.36
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Nado bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$27.93
Costs to cover0.190%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Nado: live order book, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTNado0.066.1 bp−$67.9 bp−$79doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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