Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3,990.8 | +0.0100 | pay 0.0050% / 4h | 1h 18m | $272K | $20K | 20x | Long Orderly | |
| SHORT | 3,997.9 | +0.0008 | get 0.0001% / 1h | 18m 18s | $1.5M | $141K | — | Short AZverse |
Price gap+0.179%
Funding gap−0.0092% /8h
Funding costs $3 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−$1−0.0092% /8h now · paid −0.008% over the last 15 hours (all we have)
Price$0spread +0.179% now, avg +0.179% → 0.000% if it goes back
Costsno datano order book for Orderly and AZverse
Result, before costs−$1−0.01%no pointscosts unknown: no order book for Orderly and 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+0.179%
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 Orderly and AZverse: its slippage is not counted.
- Note: Margin at max leverage$500 + —Orderly 20x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.76Long Orderly: 6 payments, −$3.00; short AZverse: 24 payments, +$0.24.
- Note: Gap at its usual level+0.179% vs +0.179%The price leg adds little either way.
- Watch: Long 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 legOrderly No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0044%/8h × 21 periods−$9.30
Price spread+0.179% → +0.179% (7d avg)$0.00
Slippage, 4 ordersno data for Orderly and AZverse—
Fee Orderly bp × 2 orders−$6.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$27.29
Costs to cover0.180%Break-evennever at this rate
Slippage: Orderly: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Orderly and AZverse: no data.
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