Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.507 | L +0.0146S −0.0060 | pay 0.0018% / 1h | 45m 36s | $217K | — | 20x | Long Avantis | |
| SHORT | 14.506 | +0.0197 | get 0.0025% / 1h | 45m 36s | $395K | $144K | 10x | Short Arcus5% off |
Price gap−0.004%45s
Funding gap+0.0051% /8h
Funding pays +$2 a day on $10k, but the gap is 0.145% under its 7d average: −$15 if it goes back, about 9.5 days of funding.
The two prices were read 45 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0051% /8h now · paid +0.076% over the last 7D
Price—spread −0.004%45s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.004%
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
/8hLINK on 41 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$500 + $1,000Avantis 20x, Arcus 10x. 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: +$1.54Long Avantis: 24 payments, −$4.37; short Arcus: 24 payments, +$5.91.
- Watch: Prices read 45 s apart−0.004% vs +0.142%Part of this gap may be the market moving.
- Watch: Long leg is thinner$217K vs $395K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legAvantis No · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0036%/8h × 21 periods+$7.56
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Arcus bp × 2 orders−$4.50
Net, fees only · 7 days · $10k−$5.94
price spread not counted: prices read too far apartCosts to cover0.135%Break-even12.5 days
Slippage: Avantis: no order-book sample; Arcus: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTArcus5.5015.0 bp−$1525.2 bp−$252doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
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