Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 96.940 | −0.0008 | get 0.0001% / 1h | 47m 49s | $55K | $170K | — | Long AZverse | |
| SHORT | 97.049 | +0.0734 | get 0.0092% / 1h | 47m 49s | $50K | $183K | 10x | Short Bullet |
Price gap+0.112%
Funding gap+0.0742% /8h
Both sides work: funding pays +$22 a day on $10k, and the gap is 0.060% above its 7d average: +$6 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$31+0.0742% /8h now · paid −0.314% over the last 2 days (all we have)
Price+$6spread +0.112% now, avg +0.051% → +0.060% if it goes back
Costsno datano order book for AZverse
Result, before costs−$25−0.25%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+0.112%
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
/8hUNITREE on 22 exchanges
lowest funding firstBefore you open
3 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 —, Bullet 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: +$22.25Long AZverse: 24 payments, +$0.24; short Bullet: 24 payments, +$22.01.
- OK: Entry gap works for you+0.112% vs +0.051%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$50K vs $55K OIBullet 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 · Bullet NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0455%/8h × 21 periods−$95.55
Price spread+0.112% → +0.051% (7d avg)+$6.05
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bullet bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$101.50
Costs to cover0.120%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Bullet: live order book, 35 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBullet3.093.7 bp−$419.8 bp−$198doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
| 10-23 19:07 | Paragon | Product | Unitree closed at its 20% daily limit in Shanghai today, its first limit-up since the August listing, two days after introducing the H2-X. Shanghai is closed until Monday, $UNITREE trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |
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| 09-17 17:43 | Paragon | Other | $TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗ |

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