Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 29,055.4 | 0 | 0.0000% / 4h | 24m 26s | $1.4M | $125K | 10x | Long Phemex | |
| SHORT | 28,997.5 | +0.0060 | get 0.0008% / 1h | 24m 26s | $242K | $15K | — | Short AZverse |
Price gap−0.199%
Funding gap+0.0060% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.075% above its 7d average: +$7 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0060% /8h now · paid +0.011% over the last 16 hours (all we have)
Price+$7spread −0.199% now, avg −0.274% → +0.075% if it goes back
Costsno datano order book for AZverse
Result, before costs+$9+0.09%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−0.199%
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
/8hNAS100 on 22 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Phemex 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.80Long Phemex: 6 payments, $0.00; short AZverse: 24 payments, +$1.80.
- OK: Entry gap works for you−0.199% vs −0.274%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$242K vs $1.4M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · AZverse NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0058%/8h × 21 periods+$12.13
Price spread−0.199% → −0.274% (7d avg)+$7.46
Slippage, 4 ordersno data for AZverse—
Fee Phemex bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$4.41
Costs to cover0.240%Break-even9.5 days
Slippage: Phemex: live order book, 2 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex1.1230.7 bp−$3197.1 bp−$971doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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