Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.050 | −2.2567 | get 2.2567% / 8h | 6h 19m | $52K | $208K | 10x | Long Orderly | |
| SHORT | 98.010 | −0.0001 | 0.0000% / 1h | 19m 04s | $83K | $143K | — | Short AZverse |
Price gap−0.041%
Funding gap+2.2566% /8h
Funding trade: +$677 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$231+2.2566% /8h now · paid +2.309% over the last 2 days (all we have)
Price$0spread −0.041% now, avg −0.039% → −0.002% if it goes back
Costsno datano order book for Orderly and AZverse
Result, before costs+$231+2.31%no pointscosts unknown: no order book for Orderly and AZverse · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 2 days it paid +2.309% in total, about +0.4044%/8h on average.
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−0.041%
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
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly and AZverse: its slippage is not counted.
- Note: Margin at max leverage$1,000 + —Orderly 10x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$676.97Long Orderly: 3 payments, +$677.00; short AZverse: 24 payments, −$0.03.
- Note: Gap at its usual level−0.041% vs −0.039%The price leg adds little either way.
- Watch: Long leg is thinner$52K vs $83K OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legOrderly No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.4044%/8h × 21 periods+$849.32
Price spread−0.041% → −0.039% (7d avg)−$0.20
Slippage, 4 ordersno data for Orderly and AZverse—
Fee Orderly bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$831.12
Costs to cover0.180%Break-even0.2 days
Slippage: Orderly: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Orderly and 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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