Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.080 | −0.0001 | 0.0000% / 1h | 17m 10s | $83K | $143K | — | Long AZverse | |
| SHORT | 97.350 | −0.7104 | pay 0.3552% / 4h | 2h 17m | $549K | $1.5M | 20x | Short HTX |
Price gap−0.744%
Funding gap−0.7103% /8h
Both sides work against this direction now: funding costs $213 a day on $10k and the gap is 0.138% 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−$348−0.7103% /8h now · paid −3.484% over the last 2 days (all we have)
Price−$14spread −0.744% now, avg −0.606% → −0.138% if it goes back
Costsno datano order book for AZverse
Result, before costs−$362−3.62%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−0.744%
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— + $500AZverse —, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$213.10Long AZverse: 24 payments, +$0.03; short HTX: 6 payments, −$213.13.
- Watch: Gap narrower than usual−0.744% vs −0.606%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$83K vs $549K OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · HTX LimitedNo ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.6099%/8h × 21 periods−$1,280.89
Price spread−0.744% → −0.606% (7d avg)−$13.80
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee HTX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$1,318.69
Costs to cover0.240%Break-evennever at this rate
Slippage: AZverse: no order-book sample; HTX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTHTX18.17155.7 bp−$156738.4 bp−$7,384doesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
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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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