Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7,619.6 | +0.0050 | pay 0.0006% / 1h | 58m 56s | $77K | $414K | 20x | Long SoDEX | |
| SHORT | 7,619.1 | +0.0040 | get 0.0005% / 1h | 58m 56s | $285K | $21K | — | Short AZverse |
Price gap−0.007%
Funding gap−0.0010% /8h
Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 0.027% 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$0−0.0010% /8h now · paid −0.002% over the last 23 hours (all we have)
Price−$3spread −0.007% now, avg +0.020% → −0.027% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%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 · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$500 + —SoDEX 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: −$0.30Long SoDEX: 24 payments, −$1.50; short AZverse: 24 payments, +$1.20.
- Watch: Gap narrower than usual−0.007% vs +0.020%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$77K vs $285K OISoDEX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSoDEX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0008%/8h × 21 periods−$1.62
Price spread−0.007% → +0.020% (7d avg)−$2.67
Slippage, 4 ordersno data for AZverse—
Fee SoDEX bp × 2 orders−$8.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$24.29
Costs to cover0.200%Break-evennever at this rate
Slippage: SoDEX: live order book, 25 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSoDEX0.0718.4 bp−$1853.8 bp−$538doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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