Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3,998.7 | +0.0026 | pay 0.0003% / 1h | 29m 15s | $1.5M | $142K | — | Long AZverse | |
| SHORT | 3,991.4 | +0.0100 | get 0.0050% / 4h | 29m 15s | $272K | $20K | 20x | Short Orderly |
Price gap−0.183%
Funding gap+0.0074% /8h
Funding trade: +$2 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+$1+0.0074% /8h now · paid +0.008% over the last 16 hours (all we have)
Price$0spread −0.183% now, avg −0.178% → −0.005% if it goes back
Costsno datano order book for AZverse and Orderly
Result, before costs$00.00%no pointscosts unknown: no order book for AZverse and Orderly · 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−0.183%
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 · 2 to watch- Note: Order book unknown—No order-book sample for AZverse and Orderly: its slippage is not counted.
- Note: Margin at max leverage— + $500AZverse —, Orderly 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: +$2.22Long AZverse: 24 payments, −$0.78; short Orderly: 6 payments, +$3.00.
- Note: Gap at its usual level−0.183% vs −0.178%The price leg adds little either way.
- Watch: Short leg is thinner$272K vs $1.5M 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 legAZverse No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0041%/8h × 21 periods+$8.70
Price spread−0.183% → −0.178% (7d avg)−$0.47
Slippage, 4 ordersno data for AZverse and Orderly—
Fee AZverse bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$9.77
Costs to cover0.180%Break-even14.9 days
Slippage: AZverse: no order-book sample; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTOrderly—————
Closing costs about the same again.
AZverse and Orderly: no data.
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