Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 131.06 | +0.0046 | pay 0.0006% / 1h | 37m 04s | $140K | $134K | 25x | Long Vest Markets+5% pts | |
| SHORT | 131.09 | +0.0026 | get 0.0003% / 1h | 37m 04s | $217K | $393K | — | Short AZverse |
Price gap+0.023%
Funding gap−0.0020% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.173% 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+$5−0.0020% /8h now · paid +0.047% over the last 3 days (all we have)
Price−$17spread +0.023% now, avg +0.196% → −0.173% if it goes back
Costsno datano order book for Vest Markets and AZverse
Result, before costs−$13−0.13%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets and 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+0.023%
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
/8hORCL on 33 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Vest Markets and AZverse: its slippage is not counted.
- Note: Margin at max leverage$400 + —Vest Markets 25x, 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: −$0.59Long Vest Markets: 24 payments, −$1.37; short AZverse: 24 payments, +$0.78.
- Watch: Gap narrower than usual+0.023% vs +0.196%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$140K vs $217K OIVest Markets sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- OK: No KYC on either legVest Markets No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0061%/8h × 21 periods+$12.73
Price spread+0.023% → +0.196% (7d avg)−$17.35
Slippage, 4 ordersno data for Vest Markets and AZverse—
Fee Vest Markets bp × 2 orders−$2.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$18.61
Costs to cover0.140%Break-even17.2 days
Slippage: Vest Markets: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVest Markets—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Vest Markets and AZverse: no data.
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| 10-18 14:56 | Injective | Token | This month, we released the new Injective Whitepaper, our first full rewrite since the original paper in December 2018. Back then we described a front-running-resistant exchange protocol on Ethereum. Injective is now a layer-1 built for institutional finance and tokenization, and the new paper covers how the entire chain works to issue real-world assets and make them usable across markets, apps and AI agents. What's inside: → Native RWA tokenization with role-based permissions over mint, send, receive and burn, plus receive hooks and sealable namespaces → iAssets, stablecoin-margined derivatives priced by oracles that track external assets without wrapping or pre-funding → A fully onchain orderbook that runs a sealed batch auction every block at one clearing price, so front-running and ordering MEV don't work → BFT consensus with a >2/3 commit threshold and deterministic finality in ~600ms → EVM and WASM sharing one state, with the MultiVM Token Standard keeping a single balance per asset that Solidity reads through precompiles → Perps with time-weighted funding, initial and maintenance margin checks, reduce-only liquidations and insurance funds → AI agents trading tokenized assets through MCP servers, policy-bounded signing and x402 payments in USDC → Onchain protocol revenue going to the Community BuyBack for $INJ every month with deflationary mechanisms built in We also formalized the mathematical reasoning behind each of these parameters, including the consensus threshold, batch clearing rule, oracle accounting, margin checks, permission model and dynamic issuance. Full paper below 👇 @injective on X ↗ |
Kalshi
Hyperliquid
tradeXYZ
Paragon
Injective