Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0682 | +0.0050 | pay 0.0006% / 1h | 42m 36s | $10.8M | $791K | 10x | Long tradeXYZ | |
| SHORT | 3.0717 | +0.0008 | get 0.0001% / 1h | 42m 36s | $164K | $153K | — | Short AZverse |
Price gap+0.114%
Funding gap−0.0042% /8h
Funding costs $1 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−$1−0.0042% /8h now · paid −0.014% over the last 20 hours (all we have)
Price$0spread +0.114% now, avg +0.111% → +0.003% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%+ 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+0.114%
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
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: −$1.26Long tradeXYZ: 24 payments, −$1.50; short AZverse: 24 payments, +$0.24.
- Note: Gap at its usual level+0.114% vs +0.111%The price leg adds little either way.
- Watch: Short leg is thinner$164K vs $10.8M 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−0.0053%/8h × 21 periods−$11.21
Price spread+0.114% → +0.111% (7d avg)+$0.32
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−$24.69
Costs to cover0.138%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 7 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.982.3 bp−$28.5 bp−$85125.9 bp−$12.6Kdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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