Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,631.8 | +0.0040 | pay 0.0005% / 1h | 3m 03s | $283K | $20K | — | Long AZverse | |
| SHORT | 7,621.4 | 0 | 0.0000% / 8h | 2h 03m | $1.6M | $5K | 100x | Short Gate |
Price gap−0.137%
Funding gap−0.0040% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.083% 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−$1−0.0040% /8h now · paid −0.009% over the last 18 hours (all we have)
Price−$8spread −0.137% now, avg −0.055% → −0.083% if it goes back
Costsno datano order book for AZverse
Result, before costs−$9−0.09%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−0.137%
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
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $100AZverse —, Gate 100x. 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: −$1.20Long AZverse: 24 payments, −$1.20; short Gate: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.137% vs −0.055%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$283K vs $1.6M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0038%/8h × 21 periods−$7.96
Price spread−0.137% → −0.055% (7d avg)−$8.26
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Gate bp × 2 orders−$15.00
Net, fees only · 7 days · $10k−$43.22
Costs to cover0.270%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Gate: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTGate7.94102.8 bp−$103227.2 bp−$2,272doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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