Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 57.700 | +0.0010 | pay 0.0001% / 1h | 45m 26s | $94K | $21K | — | Long AZverse | |
| SHORT | 57.860 | −0.5228 | pay 0.5228% / 8h | 7h 45m | $587K | $1.4M | 25x | Short Bybit |
Price gap+0.277%
Funding gap−0.5238% /8h
The gap pays +$28 on $10k if it goes back to zero (no 7-day history yet), but funding costs $157 a day and eats that in about 4 hours. At the last 7 days' pace that is about 31 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$6−0.5238% /8h now · paid −0.063% over the last 7D
Price—spread +0.277% now · no price history on both exchanges yet
Costsno datano order book for AZverse
Result, before costs—no pointsneeds both price histories
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.063% in total, about −0.0030%/8h on average.
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+0.277%
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
/8hZHIPU on 21 exchanges
lowest funding firstBefore you open
0 ok · 3 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage— + $400AZverse —, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$157.13Long AZverse: 24 payments, −$0.30; short Bybit: 3 payments, −$156.83.
- Note: No 7-day spread history+0.277%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$94K vs $587K OIAZverse sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCAZverse No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0030%/8h × 21 periods−$6.30
Price spread+0.277% → 0+$27.73
Slippage, 4 ordersno data for AZverse—
Fee AZverse bp × 2 orders−$12.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$1.57
Costs to cover0.230%Break-evenfrom the start
Slippage: AZverse: no order-book sample; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTBybit6.0488.2 bp−$88doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
AZverse: no data.
ZHIPU news
posts that mention ZHIPU, from every exchange| 10-28 17:49 | Markets by Kinetiq | Other | China's AI stocks already crashed. $ZHIPU is down 80% from its high, $MINIMAX 74%. The Nasdaq-100 is down 5%. A China problem, or a preview? @Markets_xyz on X ↗ |
| 09-23 02:03 | SoDEX | Listing | 📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗ |

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