Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,001.8 | +0.0066 | pay 0.0008% / 1h | 48m 23s | $1.5M | $143K | — | Long AZverse | |
| SHORT | 3,995.6 | 0 | 0.0000% / 1h | 48m 23s | $9.8M | $531K | 20x | Short QFEX10% back |
Price gap−0.154%
Funding gap−0.0066% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.024% 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$0−0.0066% /8h now · paid −0.003% over the last 17 hours (all we have)
Price−$2spread −0.154% now, avg −0.129% → −0.024% if it goes back
Costsno datano order book for AZverse
Result, before costs−$3−0.03%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−0.154%
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
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— + $500AZverse —, QFEX 20x. 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: −$1.99Long AZverse: 24 payments, −$1.99; short QFEX: 24 payments, $0.00.
- Watch: Gap narrower than usual−0.154% vs −0.129%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1.5M vs $9.8M OIAZverse 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 · QFEX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$2.88
Price spread−0.154% → −0.129% (7d avg)−$2.44
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee QFEX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$27.32
Costs to cover0.220%Break-evennever at this rate
Slippage: AZverse: no order-book sample; QFEX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTQFEX1.506.5 bp−$77.4 bp−$7412.8 bp−$1,285doesn’t fit
Closing costs about the same again.
AZverse: no data.
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