Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 147.89 | +0.0008 | pay 0.0001% / 1h | 23m 34s | $830K | $212K | — | Long AZverse | |
| SHORT | 147.72 | +0.0175 | get 0.0087% / 4h | 23m 34s | $1.7M | $283K | 20x | Short edgeX |
Price gap−0.117%
Funding gap+0.0167% /8h
Funding pays +$5 a day on $10k, but the gap is 0.031% under its 7d average: −$3 if it goes back, about 15 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$5+0.0167% /8h now · paid +0.052% over the last 20 hours (all we have)
Price−$3spread −0.117% now, avg −0.086% → −0.031% if it goes back
Costsno datano order book for AZverse
Result, before costs+$2+0.02%+ Points / potential airdropedgeX: 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−0.117%
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
/8hSPCX on 47 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$5.00Long AZverse: 24 payments, −$0.24; short edgeX: 6 payments, +$5.24.
- Watch: Gap narrower than usual−0.117% vs −0.086%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$830K vs $1.7M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0210%/8h × 21 periods+$44.17
Price spread−0.117% → −0.086% (7d avg)−$3.08
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee edgeX bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$20.09
Costs to cover0.210%Break-even3.8 days
Slippage: AZverse: no order-book sample; edgeX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTedgeX10.8415.3 bp−$1521.6 bp−$21698.9 bp−$9,892doesn’t fit
Closing costs about the same again.
AZverse: no data.
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