Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.13 | +0.0032 | pay 0.0004% / 1h | 15m 19s | $574K | $262K | 10x | Long Extended10% off | |
| SHORT | 212.40 | +0.0008 | get 0.0001% / 1h | 15m 19s | $644K | $223K | — | Short AZverse |
Price gap+0.126%
Funding gap−0.0024% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.052% 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$0−0.0024% /8h now · paid +0.003% over the last 15 hours (all we have)
Price−$5spread +0.126% now, avg +0.178% → −0.052% if it goes back
Costsno datano order book for AZverse
Result, before costs−$5−0.05%+ Points / potential airdropExtended: 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+0.126%
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 · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Extended 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: −$0.72Long Extended: 24 payments, −$0.96; short AZverse: 24 payments, +$0.24.
- Watch: Gap narrower than usual+0.126% vs +0.178%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$574K vs $644K OIExtended sets your exit cost. Check its book before closing.
- OK: Points on a legExtended pointsVolume here counts toward the points program.
- OK: No KYC on either legExtended No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0016%/8h × 21 periods+$3.29
Price spread+0.126% → +0.178% (7d avg)−$5.21
Slippage, 4 ordersno data for AZverse—
Fee Extended bp × 2 orders−$5.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$18.93
Costs to cover0.170%Break-even47.3 days
Slippage: Extended: live order book, 49 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGExtended0.943.5 bp−$324.0 bp−$240doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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