Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,001.9 | +0.0069 | pay 0.0009% / 1h | 41m 26s | $1.5M | $143K | — | Long AZverse | |
| SHORT | 3,996.8 | +0.0090 | get 0.0011% / 1h | 41m 26s | $332.6M | $24.4M | 25x | Short tradeXYZ |
Price gap−0.128%
Funding gap+0.0021% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.037% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0+0.0021% /8h now · paid +0.002% over the last 17 hours (all we have)
Price+$4spread −0.128% now, avg −0.165% → +0.037% if it goes back
Costsno datano order book for AZverse
Result, before costs+$4+0.04%+ Points / potential airdroptradeXYZ: points · farm boardcosts 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−0.128%
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
4 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 —, tradeXYZ 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: +$0.64Long AZverse: 24 payments, −$2.07; short tradeXYZ: 24 payments, +$2.70.
- OK: Entry gap works for you−0.128% vs −0.165%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1.5M vs $332.6M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ pointsVolume here counts toward the points program.
- OK: No KYC on either legAZverse No · tradeXYZ NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0008%/8h × 21 periods+$1.62
Price spread−0.128% → −0.165% (7d avg)+$3.70
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee tradeXYZ bp × 2 orders−$18.00
Net, fees only · 7 days · $10k−$24.68
Costs to cover0.300%Break-even113.6 days
Slippage: AZverse: no order-book sample; tradeXYZ: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTtradeXYZ0.139.3 bp−$911.8 bp−$11818.2 bp−$1,82039.3 bp−$19.6K
Closing costs about the same again.
AZverse: no data.
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