Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 147.46 | −0.0016 | get 0.0002% / 1h | 46m 27s | $828K | $196K | — | Long AZverse | |
| SHORT | 147.46 | +0.0048 | get 0.0006% / 1h | 46m 27s | $418K | $202K | 20x | Short Popdex |
Price gap0.000%
Funding gap+0.0064% /8h
Funding pays +$2 a day on $10k, but the gap is 0.028% under its 7d average: −$3 if it goes back, about 35 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1+0.0064% /8h now · paid −0.007% over the last 22 hours (all we have)
Price−$3spread 0.000% now, avg +0.028% → −0.028% 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
Now0.000%
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 · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Popdex 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: +$1.93Long AZverse: 24 payments, +$0.49; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual0.000% vs +0.028%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$418K vs $828K OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0025%/8h × 21 periods−$5.18
Price spread0.000% → +0.028% (7d avg)−$2.79
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k−$26.36
Costs to cover0.184%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Popdex: live order book, 43 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTPopdex1.024.5 bp−$46.7 bp−$67doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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