Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3,998 | +0.0008 | pay 0.0001% / 1h | 22m 08s | $1.5M | $145K | — | Long AZverse | |
| SHORT | 3,993.8 | +0.0442 | get 0.0055% / 1h | 22m 08s | $2.3M | $827K | 25x | Short Kraken Futures |
Price gap−0.105%
Funding gap+0.0434% /8h
Funding trade: +$13 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+$16+0.0434% /8h now · paid +0.164% over the last 20 hours (all we have)
Price−$1spread −0.105% now, avg −0.095% → −0.010% if it goes back
Costsno datano order book for AZverse
Result, before costs+$15+0.15%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−0.105%
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
/8hXAU on 43 exchanges
lowest funding firstBefore you open
1 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $400AZverse —, Kraken Futures 25x. 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: +$13.01Long AZverse: 24 payments, −$0.24; short Kraken Futures: 24 payments, +$13.25.
- Note: Gap at its usual level−0.105% vs −0.095%The price leg adds little either way.
- Note: Long leg is thinner$1.5M vs $2.3M OIBoth legs are deep; AZverse is the smaller one.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0667%/8h × 21 periods+$140.14
Price spread−0.105% → −0.095% (7d avg)−$0.98
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$117.16
Costs to cover0.220%Break-even1.1 days
Slippage: AZverse: no order-book sample; Kraken Futures: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTKraken Futures1.406.9 bp−$711.5 bp−$11539.2 bp−$3,917doesn’t fit
Closing costs about the same again.
AZverse: no data.
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