Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,359.5 | +0.0050 | pay 0.0006% / 1h | 34m 53s | $80K | $25K | — | Long AZverse | |
| SHORT | 1,359.1 | 0 | 0.0000% / 8h | 4h 34m | $1.4M | $339K | 10x | Short Phemex |
Price gap−0.030%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.030% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9−0.0050% /8h now · paid −0.087% over the last 7D
Price—spread −0.030% now · no price history on both exchanges yet
Costsno datano order book for AZverse
Result, before costs—no pointsneeds both price histories
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−0.030%
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
/8hOPENAI on 26 exchanges
lowest funding firstBefore you open
0 ok · 3 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 / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.50Long AZverse: 24 payments, −$1.50; short Phemex: 3 payments, $0.00.
- Note: No 7-day spread history−0.030%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$80K vs $1.4M 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−0.0041%/8h × 21 periods−$8.71
Price spread−0.030% → 0−$3.02
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−$35.73
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Phemex: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPhemex1.5854.2 bp−$54doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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