Funding arb · Price arb / Crypto
VIRTUAL
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8074 | L +0.0237S +0.0042 | pay 0.0030% / 1h | 58m 33s | $187K | — | 10x | Long Avantis | |
| SHORT | 0.8044 | +0.0061 | get 0.0030% / 4h | 1h 58m | $19K | $282K | 10x | Short edgeX |
Price gap−0.368%
Funding gap−0.0176% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.381% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$55−0.0176% /8h now · paid −0.547% over the last 7D
Price−$38spread −0.368% now, avg +0.013% → −0.381% if it goes back
Costsno datano order book for Avantis
Result, before costs−$93−0.93%+ Points / potential airdropAvantis: Season 3 · edgeX: points · 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−0.368%
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
/8hVIRTUAL on 33 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 + $1,000Avantis 10x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$5.29Long Avantis: 24 payments, −$7.11; short edgeX: 6 payments, +$1.82.
- Watch: Gap narrower than usual−0.368% vs +0.013%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$19K vs $187K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0261%/8h × 21 periods−$54.74
Price spread−0.368% → +0.013% (7d avg)−$38.12
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$110.87
Costs to cover0.180%Break-evennever at this rate
Slippage: Avantis: no order-book sample; edgeX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTedgeX5.5911.9 bp−$1267.2 bp−$672doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya