Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG14.412L +0.0003S +0.00910.0000% / 1h36m 42s$146K—20xLong Avantis
SHORT14.458−0.0022pay 0.0003% / 1h36m 42s$21K$194K10xShort Phoenix
Price gap+0.323%60s
Funding gap−0.0025% /8h

The gap pays +$30 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 40 days. At the last 7 days' pace that is about 5.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$40−0.0025% /8h now · paid −0.401% over the last 7D
Price—spread +0.323%60s 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 · history
PRICE SPREAD · 7D
Now+0.323%
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

/8h

LINK on 41 exchanges

lowest funding first

Before 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 + $1,000
    Avantis 20x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.74Long Avantis: 24 payments, −$0.08; short Phoenix: 24 payments, −$0.67.
  • Watch: Prices read 60 s apart+0.323% vs +0.026%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$21K vs $146K OI
    Phoenix sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · Phoenix No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0191%/8h × 21 periods−$40.07
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k−$56.07
price spread not counted: prices read too far apart
Costs to cover0.160%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Phoenix: live order book, 30 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTPhoenix0.9712.3 bp−$1242.9 bp−$429224.4 bp−$22.4Kdoesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

LINK news

posts that mention LINK, from every exchangeSearch all news →
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