Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.410 | +0.0010 | pay 0.0001% / 1h | 45m 27s | $44K | $10K | — | Long AZverse | |
| SHORT | 53.524 | −0.8188 | pay 0.1023% / 1h | 45m 27s | $216K | $331K | 10x | Short Entropy |
Price gap+0.213%
Funding gap−0.8198% /8h
The gap pays +$21 on $10k if it goes back to zero (no 7-day history yet), but funding costs $246 a day and eats that in about 2 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$292−0.8198% /8h now · paid +2.924% over the last 7D
Price—spread +0.213% now · no price history on both exchanges yet
Costsno datano order book for AZverse
Result, before costs—no pointsneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +2.924% in total, about +0.1393%/8h on average.
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+0.213%
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
/8hTENCENT on 11 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $1,000AZverse —, Entropy 10x. 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: −$245.93Long AZverse: 24 payments, −$0.30; short Entropy: 24 payments, −$245.63.
- Note: No 7-day spread history+0.213%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$44K vs $216K OIAZverse 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 · Entropy NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.1393%/8h × 21 periods+$292.43
Price spread+0.213% → 0+$21.34
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Entropy bp × 2 orders−$1.80
Net, fees only · 7 days · $10k+$299.97
Costs to cover0.138%Break-evenfrom the start
Slippage: AZverse: no order-book sample; Entropy: live order book, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTEntropy21.91166.1 bp−$166doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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