Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,625.1 | +0.0050 | pay 0.0006% / 1h | 15m 34s | $14.1M | $2.1M | 25x | Long Ondo Perps5% off | |
| SHORT | 7,626.7 | +0.0040 | get 0.0005% / 1h | 15m 34s | $286K | $21K | — | Short AZverse |
Price gap+0.021%
Funding gap−0.0010% /8h
Funding costs $0 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$0−0.0010% /8h now · paid −0.001% over the last 1 day (all we have)
Price$0spread +0.021% now, avg +0.016% → +0.005% if it goes back
Costsno datano order book for AZverse
Result, before costs$00.00%+ Points / potential airdropOndo Perps: 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+0.021%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$400 + —Ondo Perps 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: −$0.31Long Ondo Perps: 24 payments, −$1.51; short AZverse: 24 payments, +$1.20.
- Note: Gap at its usual level+0.021% vs +0.016%The price leg adds little either way.
- Watch: Short leg is thinner$286K vs $14.1M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps pointsVolume here counts toward the points program.
- OK: No KYC on either legOndo Perps No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0002%/8h × 21 periods−$0.51
Price spread+0.021% → +0.016% (7d avg)+$0.49
Slippage, 4 ordersno data for AZverse—
Fee Ondo Perps bp × 2 orders−$5.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$17.02
Costs to cover0.170%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 3 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps0.014.1 bp−$45.5 bp−$5514.1 bp−$1,408doesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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