Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 147.66 | +0.0533 | pay 0.0267% / 4h | 1h 09m | $1.7M | $282K | 20x | Long edgeX | |
| SHORT | 147.84 | +0.0008 | get 0.0001% / 1h | 9m 24s | $830K | $216K | — | Short AZverse |
Price gap+0.120%
Funding gap−0.0525% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $16 a day and eats that in about 5 hours. At the last 7 days' pace that is about 13 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$5−0.0525% /8h now · paid −0.052% over the last 19 hours (all we have)
Price+$3spread +0.120% now, avg +0.085% → +0.035% 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+0.120%
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
3 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 + —edgeX 20x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$15.76Long edgeX: 6 payments, −$16.00; short AZverse: 24 payments, +$0.24.
- OK: Entry gap works for you+0.120% vs +0.085%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short 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 legedgeX No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0219%/8h × 21 periods−$46.06
Price spread+0.120% → +0.085% (7d avg)+$3.47
Slippage, 4 ordersno data for AZverse—
Fee edgeX bp × 2 orders−$9.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$63.59
Costs to cover0.210%Break-evennever at this rate
Slippage: edgeX: live order book, just now; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX10.5115.0 bp−$1527.0 bp−$270106.1 bp−$10.6Kdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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