Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 396.50 | +0.0007 | pay 0.0001% / 1h | 36m 48s | $25K | $142K | 8x | Long Reya | |
| SHORT | 397.08 | −0.0140 | pay 0.0017% / 1h | 36m 48s | $255K | $100K | — | Short AZverse |
Price gap+0.145%
Funding gap−0.0147% /8h
Funding costs $4 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+$6−0.0147% /8h now · paid +0.063% over the last 2 days (all we have)
Price−$1spread +0.145% now, avg +0.160% → −0.015% if it goes back
Costsno datano order book for Reya and AZverse
Result, before costs+$5+0.05%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya and AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.145%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Reya and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,250 + —Reya 8x, 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: −$4.42Long Reya: 24 payments, −$0.22; short AZverse: 24 payments, −$4.20.
- Note: Gap at its usual level+0.145% vs +0.160%The price leg adds little either way.
- Watch: Long leg is thinner$25K vs $255K OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legReya No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0094%/8h × 21 periods+$19.68
Price spread+0.145% → +0.160% (7d avg)−$1.46
Slippage, 4 ordersno data for Reya and AZverse—
Fee Reya bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$0.23
Costs to cover0.180%Break-even6.9 days
Slippage: Reya: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Reya and AZverse: no data.
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