Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0712 | +0.0008 | pay 0.0001% / 1h | 16m 56s | $164K | $176K | — | Long AZverse | |
| SHORT | 3.0760 | +0.0151 | get 0.0075% / 4h | 1h 16m | $1.9M | $38K | 3x | Short Phemex |
Price gap+0.156%
Funding gap+0.0143% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2+0.0143% /8h now · paid +0.023% over the last 15 hours (all we have)
Price$0spread +0.156% now, avg +0.156% → 0.000% if it goes back
Costsno datano order book for AZverse
Result, before costs+$2+0.02%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+0.156%
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
/8hNATGAS on 29 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $3,333AZverse —, Phemex 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.28Long AZverse: 24 payments, −$0.24; short Phemex: 6 payments, +$4.52.
- Note: Gap at its usual level+0.156% vs +0.156%The price leg adds little either way.
- Watch: Long leg is thinner$164K vs $1.9M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Phemex YesKYC 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+0.0127%/8h × 21 periods+$26.57
Price spread+0.156% → +0.156% (7d avg)−$0.01
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$2.56
Costs to cover0.240%Break-even6.3 days
Slippage: AZverse: no order-book sample; Phemex: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhemex1.6320.2 bp−$2097.7 bp−$977doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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