Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.096 | −0.0066 | get 0.0066% / 8h | 1h 11m | $3.1M | $1.0M | 50x | Long Variational Omni+15% pts | |
| SHORT | 14.111 | L +0.0146S −0.0060 | get 0.0007% / 1h | 11m 32s | $217K | — | 20x | Short Avantis |
Price gap+0.105%50s
Funding gap+0.0126% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.112% above its 7d average: +$11 more if it goes back.
The two prices were read 50 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3+0.0126% /8h now · paid +0.032% over the last 7D
Price—spread +0.105%50s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropVariational Omni: points · Avantis: Season 3 · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.105%
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$200 + $500Variational Omni 50x, 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: +$3.79Long Variational Omni: 3 payments, +$1.99; short Avantis: 24 payments, +$1.80.
- Watch: Prices read 50 s apart+0.105% vs −0.007%Part of this gap may be the market moving.
- Watch: Short leg is thinner$217K vs $3.1M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0015%/8h × 21 periods+$3.15
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Variational Omni bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$5.85
price spread not counted: prices read too far apartCosts to cover0.090%Break-even20.0 days
Slippage: Variational Omni: RFQ quote, 1 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.096.0 bp−$68.8 bp−$88doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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