Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 954.60 | −0.0072 | get 0.0009% / 1h | 22m 01s | $324K | $171K | 20x | Long Popdex | |
| SHORT | 954.31 | −0.0008 | pay 0.0001% / 1h | 22m 01s | $1.1M | $705K | — | Short AZverse |
Price gap−0.030%
Funding gap+0.0064% /8h
Funding pays +$2 a day on $10k, but the gap is 0.021% under its 7d average: −$2 if it goes back, about 26 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2+0.0064% /8h now · paid −0.018% over the last 20 hours (all we have)
Price−$2spread −0.030% now, avg −0.010% → −0.021% if it goes back
Costsno datano order book for AZverse
Result, before costs−$4−0.04%no pointscosts 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−0.030%
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
/8hSKHYNIX on 31 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$500 + —Popdex 20x, 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: +$1.92Long Popdex: 24 payments, +$2.16; short AZverse: 24 payments, −$0.24.
- Watch: Gap narrower than usual−0.030% vs −0.010%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$324K vs $1.1M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPopdex No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0074%/8h × 21 periods−$15.49
Price spread−0.030% → −0.010% (7d avg)−$2.07
Slippage, 4 ordersno data for AZverse—
Fee Popdex bp × 2 orders−$6.40
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$35.95
Costs to cover0.184%Break-evennever at this rate
Slippage: Popdex: live order book, 17 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex1.054.6 bp−$57.3 bp−$73doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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