Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.6602 | L +0.0237S +0.0030 | pay 0.0030% / 1h | 5m 21s | $169K | — | 10x | Long Avantis | |
| SHORT | 0.6615 | +0.0100 | get 0.0050% / 4h | 5m 21s | $1.3M | $620K | 50x | Short Variational Omni+15% pts |
Price gap+0.211%
Funding gap−0.0137% /8h
The gap pays +$29 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 7.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$37−0.0137% /8h now · paid −0.374% over the last 7D
Price+$29spread +0.211% now, avg −0.075% → +0.286% if it goes back
Costsno datano order book for Avantis
Result, before costs−$9−0.09%+ Points / potential airdropAvantis: Season 3 · Variational Omni: points · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.211%
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
/8hAERO on 24 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Avantis 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.11Long Avantis: 24 payments, −$7.11; short Variational Omni: 6 payments, +$3.00.
- OK: Entry gap works for you+0.211% vs −0.075%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$169K vs $1.3M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0178%/8h × 21 periods−$37.38
Price spread+0.211% → −0.075% (7d avg)+$28.61
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$17.77
Costs to cover0.090%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTVariational Omni3.7922.0 bp−$2235.6 bp−$356doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
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