Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,626.7 | +0.0040 | pay 0.0005% / 1h | 15m 37s | $286K | $21K | — | Long AZverse | |
| SHORT | 7,626.2 | 0 | 0.0000% / 1h | 15m 37s | $10K | $105K | 10x | Short Bullet |
Price gap−0.007%
Funding gap−0.0040% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0040% /8h now · paid −0.013% over the last 1 day (all we have)
Price$0spread −0.007% now, avg −0.006% → −0.001% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%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−0.007%
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
/8hSP500 on 25 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Bullet 10x. 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: −$1.20Long AZverse: 24 payments, −$1.20; short Bullet: 24 payments, $0.00.
- Note: Gap at its usual level−0.007% vs −0.006%The price leg adds little either way.
- Watch: Short leg is thinner$10K vs $286K OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0044%/8h × 21 periods−$9.15
Price spread−0.007% → −0.006% (7d avg)−$0.09
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bullet bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$21.24
Costs to cover0.120%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Bullet: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBullet0.672.4 bp−$216.1 bp−$161doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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