Funding arb · Price arb / Crypto
VIRTUAL
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8189 | +0.0100 | pay 0.0050% / 4h | 2h 33m | $729K | $696K | 10x | Long GRVT | |
| SHORT | 0.8183 | L +0.0237S +0.0042 | pay 0.0005% / 1h | 33m 54s | $187K | — | 10x | Short Avantis |
Price gap−0.080%68s
Funding gap−0.0142% /8h
The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 22 hours. At the last 7 days' pace that is about 11 days.
The two prices were read 68 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−$2−0.0142% /8h now · paid −0.024% over the last 7D
Price—spread −0.080%68s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropGRVT: 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−0.080%
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 + $1,000GRVT 10x, Avantis 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.26Long GRVT: 6 payments, −$3.00; short Avantis: 24 payments, −$1.26.
- Watch: Prices read 68 s apart−0.080% vs −0.119%Part of this gap may be the market moving.
- Watch: Short leg is thinner$187K vs $729K 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−0.0011%/8h × 21 periods−$2.37
Price spreadprices read too far apart to compare—
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−$20.37
price spread not counted: prices read too far apartCosts to cover0.180%Break-evennever at this rate
Slippage: GRVT: live order book, 33 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT2.4416.8 bp−$1725.1 bp−$251doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya