Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.467 | 0 | 0.0000% / 1h | 50m 36s | $394K | $2K | 10x | Long dYdX | |
| SHORT | 14.470 | L +0.0146S −0.0060 | get 0.0007% / 1h | 50m 36s | $146K | — | 20x | Short Avantis |
Price gap+0.023%
Funding gap+0.0060% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.026% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$28+0.0060% /8h now · paid −0.277% over the last 7D
Price+$3spread +0.023% now, avg −0.003% → +0.026% if it goes back
Costsno datano order book for Avantis
Result, before costs−$25−0.25%+ 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+0.023%
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
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $500dYdX 10x, Avantis 20x. 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: +$1.79Long dYdX: 24 payments, $0.00; short Avantis: 24 payments, +$1.79.
- OK: Entry gap works for you+0.023% vs −0.003%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$146K vs $394K 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 legdYdX No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0132%/8h × 21 periods−$27.65
Price spread+0.023% → −0.003% (7d avg)+$2.60
Slippage, 4 ordersno data for Avantis—
Fee dYdX bp × 2 orders−$10.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$44.06
Costs to cover0.190%Break-evennever at this rate
Slippage: dYdX: live order book, 20 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGdYdX93.1599.9 bp−$100101.4 bp−$1,014176.7 bp−$17.7K413.6 bp−$206.8K
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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