Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,354.6 | 0 | 0.0000% / 8h | 5h 29m | $1.4M | $358K | 10x | Long Phemex | |
| SHORT | 1,353.4 | +0.0035 | get 0.0004% / 1h | 29m 37s | $79K | $25K | — | Short AZverse |
Price gap−0.082%
Funding gap+0.0035% /8h
Funding pays +$1 a day on $10k, but the gap is 0.082% under zero (no 7-day history yet): −$8 if it goes back, about 7.8 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0035% /8h now · paid +0.086% over the last 7D
Price—spread −0.082% 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−0.082%
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$1,000 + —Phemex 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.05Long Phemex: 3 payments, $0.00; short AZverse: 24 payments, +$1.05.
- Note: No 7-day spread history−0.082%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$79K vs $1.4M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · AZverse NoKYC 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+$8.69
Price spread−0.082% → 0−$8.19
Slippage, 4 ordersno data for AZverse—
Fee Phemex bp × 2 orders−$12.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$23.50
Costs to cover0.240%Break-even25.9 days
Slippage: Phemex: live order book, 5 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex4.7353.5 bp−$53doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-31 05:02 | Entropy | Other | OpenAI dropped ~5% in under an hour on Entropy after the FT reported it cut its funding target to $20B at a $1.25T valuation. @entropyIO on X ↗ |
| 10-31 00:41 | Kalshi | Other | JUST IN: OpenAI slashes latest funding target by $10 billion @Kalshi on X ↗ |
| 10-30 19:00 | Kalshi | Other | JUST IN: Wall Street executives expect OpenAI to go public in "early 2027" @Kalshi on X ↗ |
| 10-30 15:47 | Kalshi | Other | JUST IN: Japan asks Anthropic and OpenAI for "more access" to advanced models @Kalshi on X ↗ |
| 10-29 16:24 | Kalshi | Other | JUST IN: Sam Altman says OpenAI is working toward "self-replicating" data centers, with AI-powered robots building new facilities and solar panels @Kalshi on X ↗ |
| 10-29 07:31 | Kalshi | Other | JUST IN: DeepSeek and Moonshot used OpenAI’s GPT-6 Astra to train new models @Kalshi on X ↗ |

Kalshi