Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.600 | −0.0001 | 0.0000% / 1h | 18m 12s | $86K | $140K | — | Long AZverse | |
| SHORT | 98.210 | −0.6555 | pay 0.6555% / 8h | 7h 18m | $4.0M | $28.3M | 25x | Short Bybit |
Price gap−0.396%
Funding gap−0.6554% /8h
Both sides work against this direction now: funding costs $197 a day on $10k and the gap is 0.405% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$149−0.6554% /8h now · paid −1.494% over the last 2 days (all we have)
Price−$40spread −0.396% now, avg +0.009% → −0.405% if it goes back
Costsno datano order book for AZverse
Result, before costs−$190−1.90%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−0.396%
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
0 ok · 4 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $400AZverse —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$196.63Long AZverse: 24 payments, +$0.03; short Bybit: 3 payments, −$196.66.
- Watch: Gap narrower than usual−0.396% vs +0.009%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$86K vs $4.0M OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.2674%/8h × 21 periods−$561.49
Price spread−0.396% → +0.009% (7d avg)−$40.50
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$624.99
Costs to cover0.230%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBybit1.5215.8 bp−$1658.2 bp−$582doesn’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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