Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.89 | +0.0041 | pay 0.0005% / 1h | 21m 37s | $646K | $206K | — | Long AZverse | |
| SHORT | 212.66 | 0 | 0.0000% / 8h | 3h 21m | $3K | $503K | 20x | Short SunX≤10% back |
Price gap−0.108%
Funding gap−0.0041% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 2.7 days.
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+$3spread −0.108% now, avg −0.141% → +0.033% 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−0.108%
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
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments 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 SunX: 3 payments, $0.00.
- OK: Entry gap works for you−0.108% vs −0.141%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$3K vs $646K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0073%/8h × 21 periods−$15.28
Price spread−0.108% → −0.141% (7d avg)+$3.26
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$32.03
Costs to cover0.200%Break-evennever at this rate
Slippage: AZverse: no order-book sample; SunX: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTSunX21.8725.9 bp−$2655.5 bp−$555doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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