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
LONG14.499+0.2880pay 0.0360% / 1h35m 54s$1.1M$1.6M50xLong Coinbase International
SHORT14.405L +0.0078S +0.0012pay 0.0001% / 1h35m 54s$218K—20xShort Avantis
Price gap−0.648%
Funding gap−0.2892% /8h

The gap pays +$35 on $10k if it goes back to its 7d average, but funding costs $87 a day and eats that in about 10 hours. At the last 7 days' pace that is about 6.9 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$35−0.2892% /8h now · paid −0.352% over the last 7D
Price+$35spread −0.648% now, avg −0.995% → +0.347% if it goes back
Costsno datano order book for Avantis
Result, before costs$00.00%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.352% in total, about −0.0168%/8h on average.

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.648%
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$200 + $500
    Coinbase International 50x, Avantis 20x. 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: −$86.75Long Coinbase International: 24 payments, −$86.40; short Avantis: 24 payments, −$0.35.
  • OK: Entry gap works for you−0.648% vs −0.995%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$218K vs $1.1M OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • Watch: KYCCoinbase International Yes · Avantis No
    ID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0168%/8h × 21 periods−$35.23
Price spread−0.648% → −0.995% (7d avg)+$34.74
Slippage, 4 ordersno data for Avantis—
Fee Coinbase International bp × 2 orders−$8.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$17.48
Costs to cover0.170%Break-evenfrom the start
Slippage: Coinbase International: live order book, 2 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGCoinbase International0.34652.2 bp−$6522290.6 bp−$22.9Kdoesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

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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