Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,622.2 | +0.0040 | pay 0.0005% / 1h | 23m 38s | $285K | $20K | — | Long AZverse | |
| SHORT | 7,625.1 | −0.0610 | pay 0.0076% / 1h | 23m 38s | $418K | $55K | 20x | Short Pacifica10% back |
Price gap+0.038%
Funding gap−0.0650% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $20 a day and eats that in about 3 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0650% /8h now · paid −0.102% over the last 23 hours (all we have)
Price+$2spread +0.038% now, avg +0.015% → +0.023% if it goes back
Costsno datano order book for AZverse
Result, before costs−$8−0.08%+ Points / potential airdropPacifica: points · farm boardcosts 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+0.038%
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 24 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Pacifica 20x. 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: −$19.51Long AZverse: 24 payments, −$1.20; short Pacifica: 24 payments, −$18.31.
- OK: Entry gap works for you+0.038% vs +0.015%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$285K vs $418K OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legPacifica pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · Pacifica NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0360%/8h × 21 periods−$75.57
Price spread+0.038% → +0.015% (7d avg)+$2.31
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Pacifica bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$93.26
Costs to cover0.200%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Pacifica: live order book, 65 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPacifica0.927.5 bp−$8doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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