Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 54.060 | +0.0144 | pay 0.0018% / 1h | 34m 43s | $905K | $191K | — | Long AZverse | |
| SHORT | 53.913 | L +0.0145S −0.0107 | get 0.0013% / 1h | 34m 43s | $53K | $110K | 250x | Short gTrade (Gains Network) |
Price gap−0.271%
Funding gap−0.0037% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.044% 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+$3−0.0037% /8h now · paid +0.026% over the last 2 days (all we have)
Price−$4spread −0.271% now, avg −0.227% → −0.044% if it goes back
Costsno datano order book for AZverse
Result, before costs−$2−0.02%no pointscosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.271%
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
/8hXAG on 49 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $40AZverse —, gTrade (Gains Network) 250x. 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: −$1.11Long AZverse: 24 payments, −$4.32; short gTrade (Gains Network): 24 payments, +$3.21.
- Watch: Gap narrower than usual−0.271% vs −0.227%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$53K vs $905K OIgTrade (Gains Network) 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 · gTrade (Gains Network) NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0037%/8h × 21 periods+$7.74
Price spread−0.271% → −0.227% (7d avg)−$4.41
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee gTrade (Gains Network) bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$18.67
Costs to cover0.220%Break-even23.9 days
Slippage: AZverse: no order-book sample; gTrade (Gains Network): virtual book (oracle exchange), 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTgTrade (Gains Network)130.00135.0 bp−$135135.0 bp−$1,350476.8 bp−$47.7K2391.5 bp−$1.20M
Closing costs about the same again.
AZverse: no data.
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