Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 372.41 | +0.0048 | pay 0.0006% / 1h | 16m 23s | $431K | $134K | 20x | Long Popdex | |
| SHORT | 372.27 | +0.0008 | get 0.0001% / 1h | 16m 23s | $209K | $53K | — | Short AZverse |
Price gap−0.038%
Funding gap−0.0040% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0040% /8h now · paid +0.004% over the last 16 hours (all we have)
Price−$1spread −0.038% now, avg −0.024% → −0.014% if it goes back
Costsno datano order book for AZverse
Result, before costs−$1−0.01%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−0.038%
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
/8hTSLA on 46 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$500 + —Popdex 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: −$1.20Long Popdex: 24 payments, −$1.44; short AZverse: 24 payments, +$0.24.
- Note: Gap at its usual level−0.038% vs −0.024%The price leg adds little either way.
- Watch: Short leg is thinner$209K vs $431K 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 legPopdex No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0023%/8h × 21 periods+$4.78
Price spread−0.038% → −0.024% (7d avg)−$1.39
Slippage, 4 ordersno data for AZverse—
Fee Popdex bp × 2 orders−$6.40
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$15.01
Costs to cover0.184%Break-even29.0 days
Slippage: Popdex: live order book, 43 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPopdex0.674.1 bp−$48.7 bp−$87doesn’t fitdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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