Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.40 | +0.0008 | pay 0.0001% / 1h | 16m 38s | $644K | $224K | — | Long AZverse | |
| SHORT | 211.94 | −0.0055 | pay 0.0007% / 1h | 16m 38s | $85.8M | $9.5M | 20x | Short tradeXYZ |
Price gap−0.217%
Funding gap−0.0063% /8h
Funding costs $2 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$0−0.0063% /8h now · paid −0.004% over the last 15 hours (all we have)
Price−$1spread −0.217% now, avg −0.203% → −0.014% if it goes back
Costsno datano order book for AZverse
Result, before costs−$2−0.02%+ 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−0.217%
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
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— + $500AZverse —, tradeXYZ 20x. 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: −$1.90Long AZverse: 24 payments, −$0.24; short tradeXYZ: 24 payments, −$1.66.
- Note: Gap at its usual level−0.217% vs −0.203%The price leg adds little either way.
- Watch: Long leg is thinner$644K vs $85.8M 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 legAZverse No · tradeXYZ NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0022%/8h × 21 periods−$4.60
Price spread−0.217% → −0.203% (7d avg)−$1.37
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$1.80
Net, fees only · 7 days · $10k−$19.78
Costs to cover0.138%Break-evennever at this rate
Slippage: AZverse: no order-book sample; tradeXYZ: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTtradeXYZ0.241.8 bp−$23.4 bp−$3411.8 bp−$1,18275.9 bp−$38.0K
Closing costs about the same again.
AZverse: no data.
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