Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.651 | +0.0100 | pay 0.0050% / 4h | 2h 28m | $34K | $448K | 20x | Long edgeX | |
| SHORT | 14.669 | L +0.0146S −0.0060 | get 0.0007% / 1h | 28m 37s | $217K | — | 20x | Short Avantis |
Price gap+0.125%
Funding gap−0.0040% /8h
The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 9.7 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0040% /8h now · paid −0.097% over the last 7D
Price+$12spread +0.125% now, avg +0.008% → +0.117% if it goes back
Costsno datano order book for Avantis
Result, before costs+$2+0.02%+ Points / potential airdropedgeX: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.125%
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 + $500edgeX 20x, Avantis 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.20Long edgeX: 6 payments, −$3.00; short Avantis: 24 payments, +$1.80.
- OK: Entry gap works for you+0.125% vs +0.008%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$34K vs $217K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legedgeX points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legedgeX No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0046%/8h × 21 periods−$9.71
Price spread+0.125% → +0.008% (7d avg)+$11.70
Slippage, 4 ordersno data for Avantis—
Fee edgeX bp × 2 orders−$9.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$16.01
Costs to cover0.180%Break-evennever at this rate
Slippage: edgeX: live order book, 39 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGedgeX2.717.2 bp−$711.3 bp−$113doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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