Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.490 | +0.0037 | pay 0.0037% / 8h | 3h 50m | $655K | $2.7M | 10x | Long GRVT | |
| SHORT | 14.470 | L +0.0146S −0.0060 | get 0.0007% / 1h | 50m 48s | $146K | — | 20x | Short Avantis |
Price gap−0.139%
Funding gap+0.0023% /8h
Funding pays +$1 a day on $10k, but the gap is 0.144% under its 7d average: −$14 if it goes back, about 21 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0023% /8h now · paid +0.077% over the last 7D
Price−$14spread −0.139% now, avg +0.005% → −0.144% if it goes back
Costsno datano order book for Avantis
Result, before costs−$7−0.07%+ Points / potential airdropGRVT: 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 · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.139%
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
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $500GRVT 10x, Avantis 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.68Long GRVT: 3 payments, −$1.11; short Avantis: 24 payments, +$1.79.
- Watch: Gap narrower than usual−0.139% vs +0.005%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$146K vs $655K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legGRVT No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0037%/8h × 21 periods+$7.75
Price spread−0.139% → +0.005% (7d avg)−$14.39
Slippage, 4 ordersno data for Avantis—
Fee GRVT bp × 2 orders−$9.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$24.65
Costs to cover0.180%Break-even29.3 days
Slippage: GRVT: live order book, 4 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT0.345.3 bp−$513.6 bp−$136doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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