Funding arb · Price arb / Crypto
VIRTUAL
All VIRTUAL markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8035 | L +0.0237S +0.0037 | pay 0.0030% / 1h | 1m 11s | $182K | — | 10x | Long Avantis | |
| SHORT | 0.8041 | +0.0111 | get 0.0014% / 1h | 1m 11s | $592K | $434K | 50x | Short Kraken Futures |
Price gap+0.065%
Funding gap−0.0126% /8h
Funding costs $4 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$62−0.0126% /8h now · paid −0.624% over the last 7D
Price−$1spread +0.065% now, avg +0.078% → −0.013% if it goes back
Costsno datano order book for Avantis
Result, before costs−$64−0.64%+ Points / potential airdropAvantis: 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+0.065%
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 · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Avantis 10x, Kraken Futures 50x. 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: −$3.79Long Avantis: 24 payments, −$7.11; short Kraken Futures: 24 payments, +$3.32.
- Note: Gap at its usual level+0.065% vs +0.078%The price leg adds little either way.
- Watch: Long leg is thinner$182K vs $592K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis No · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0297%/8h × 21 periods−$62.38
Price spread+0.065% → +0.078% (7d avg)−$1.28
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$82.66
Costs to cover0.190%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Kraken Futures: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTKraken Futures4.9317.8 bp−$1854.4 bp−$544doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya