Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.409 | L +0.0146S −0.0060 | pay 0.0018% / 1h | 18m 16s | $217K | — | 20x | Long Avantis | |
| SHORT | 14.424 | +0.0100 | get 0.0100% / 8h | 1h 18m | $37K | $673K | 30x | Short SunX≤10% back |
Price gap+0.104%
Funding gap−0.0046% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 36 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0046% /8h now · paid −0.080% over the last 7D
Price+$2spread +0.104% now, avg +0.084% → +0.021% if it goes back
Costsno datano order book for Avantis
Result, before costs−$6−0.06%+ Points / potential airdropAvantis: Season 3 · 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+0.104%
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 + $333Avantis 20x, SunX 30x. 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: −$1.37Long Avantis: 24 payments, −$4.37; short SunX: 3 payments, +$3.00.
- OK: Entry gap works for you+0.104% vs +0.084%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$37K vs $217K OISunX 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 · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0038%/8h × 21 periods−$7.98
Price spread+0.104% → +0.084% (7d avg)+$2.08
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$22.90
Costs to cover0.170%Break-evennever at this rate
Slippage: Avantis: no order-book sample; SunX: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTSunX13.6219.1 bp−$19doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
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