Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 117.88 | +0.0100 | pay 0.0013% / 1h | 32m 01s | $1.1M | $11.0M | 30x | Long StandX+5% pts | |
| SHORT | 117.96 | L −0.0058S +0.0147 | pay 0.0018% / 1h | 32m 01s | $152K | — | 25x | Short Avantis |
Price gap+0.067%
Funding gap−0.0247% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 17 hours. At the last 7 days' pace that is about 2.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0247% /8h now · paid −0.180% over the last 7D
Price+$5spread +0.067% now, avg +0.016% → +0.052% if it goes back
Costsno datano order book for Avantis
Result, before costs−$13−0.13%+ Points / potential airdropStandX: 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+0.067%
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
/8hSOL on 56 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$333 + $400StandX 30x, Avantis 25x. 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: −$7.41Long StandX: 24 payments, −$3.00; short Avantis: 24 payments, −$4.41.
- OK: Entry gap works for you+0.067% vs +0.016%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$152K vs $1.1M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legStandX points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legStandX No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0086%/8h × 21 periods−$17.96
Price spread+0.067% → +0.016% (7d avg)+$5.15
Slippage, 4 ordersno data for Avantis—
Fee StandX bp × 2 orders−$8.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$29.81
Costs to cover0.170%Break-evennever at this rate
Slippage: StandX: live order book, 4 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGStandX4.669.5 bp−$910.4 bp−$104doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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