Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3,990.2 | +0.0406 | pay 0.0051% / 1h | 8m 07s | $2.3M | $837K | 25x | Long Kraken Futures | |
| SHORT | 3,994.5 | +0.0008 | get 0.0001% / 1h | 8m 07s | $1.5M | $144K | — | Short AZverse |
Price gap+0.109%
Funding gap−0.0398% /8h
Funding costs $12 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0398% /8h now · paid −0.159% over the last 19 hours (all we have)
Price+$1spread +0.109% now, avg +0.095% → +0.014% if it goes back
Costsno datano order book for AZverse
Result, before costs−$14−0.14%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+0.109%
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$400 + —Kraken Futures 25x, AZverse —. 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: −$11.94Long Kraken Futures: 24 payments, −$12.18; short AZverse: 24 payments, +$0.24.
- Note: Gap at its usual level+0.109% vs +0.095%The price leg adds little either way.
- Note: Short 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: KYCKraken Futures Yes · AZverse NoFull 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−0.0673%/8h × 21 periods−$141.40
Price spread+0.109% → +0.095% (7d avg)+$1.45
Slippage, 4 ordersno data for AZverse—
Fee Kraken Futures bp × 2 orders−$10.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$161.96
Costs to cover0.220%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 1 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKraken Futures0.957.5 bp−$710.8 bp−$10853.1 bp−$5,313doesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
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