Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.87 | +0.0041 | pay 0.0005% / 1h | 19m 11s | $646K | $206K | — | Long AZverse | |
| SHORT | 212.79 | 0 | 0.0000% / 4h | 3h 19m | $2.0M | $37K | 10x | Short Phemex |
Price gap−0.038%
Funding gap−0.0041% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.024% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0041% /8h now · paid −0.015% over the last 17 hours (all we have)
Price−$2spread −0.038% now, avg −0.014% → −0.024% if it goes back
Costsno datano order book for AZverse
Result, before costs−$4−0.04%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−0.038%
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
/8hNVDA on 45 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Phemex 10x. 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: −$1.22Long AZverse: 24 payments, −$1.22; short Phemex: 6 payments, $0.00.
- Watch: Gap narrower than usual−0.038% vs −0.014%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$646K vs $2.0M 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−0.0073%/8h × 21 periods−$15.25
Price spread−0.038% → −0.014% (7d avg)−$2.37
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−$41.62
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Phemex: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhemex1.1740.8 bp−$41111.5 bp−$1,115doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
| 10-23 15:35 | Vest Markets | Other | Apple's first foldable, the Duo, hit stores today, with $AAPL touching a record high and now near flat on the session. Preorders sold out and Apple briefly passed $NVDA in market value, while a supply-chain report put the 12-month target at 14 million units. Trade $AAPL volatility with a Vest Capital funded account and access up to $50k in trading capital. @VestExchange on X ↗ |
| 10-23 14:00 | Kalshi | Other | BREAKING: Apple overtakes Nvidia as world’s most valuable company @Kalshi on X ↗ |
| 10-23 13:00 | MEXC | Other | Get ready for our Anthropic Pre-IPO Launchpad. 👀 Complete missions and enter our lucky draw to win exclusive rewards! Prizes include ANTHROPIC(PRE), NVIDIA H200 GPU, and more! Be part of the Pre-IPO hype and get in on the action now. 👉 @MEXC on X ↗ |
| 10-22 22:57 | Injective | Token | The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 10-22 18:15 | Kalshi | Other | JUST IN: Tesla and Nvidia back multi-billion expansion of chip production in South Korea @Kalshi on X ↗ |
| 10-22 17:45 | Kalshi | Other | JUST IN: Nvidia CEO supports California's billionaire tax, despite potentially having to pay $8B in taxes @Kalshi on X ↗ |

Kalshi
MEXC
Injective