Funding arb · Price arb / Crypto
VIRTUAL
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8134 | +0.0100 | pay 0.0013% / 1h | 18m 52s | $11.0M | $5.9M | 5x | Long Hyperliquid4% off | |
| SHORT | 0.8131 | L +0.0237S +0.0037 | pay 0.0005% / 1h | 18m 52s | $182K | — | 10x | Short Avantis |
Price gap−0.042%
Funding gap−0.0137% /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−$29−0.0137% /8h now · paid −0.293% over the last 7D
Price$0spread −0.042% now, avg −0.043% → +0.001% if it goes back
Costsno datano order book for Avantis
Result, before costs−$29−0.29%+ Points / potential airdropHyperliquid: Season 2 · 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−0.042%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $1,000Hyperliquid 5x, Avantis 10x. 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: −$4.12Long Hyperliquid: 24 payments, −$3.00; short Avantis: 24 payments, −$1.12.
- Note: Gap at its usual level−0.042% vs −0.043%The price leg adds little either way.
- Watch: Short leg is thinner$182K vs $11.0M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2 · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0139%/8h × 21 periods−$29.27
Price spread−0.042% → −0.043% (7d avg)+$0.13
Slippage, 4 ordersno data for Avantis—
Fee Hyperliquid bp × 2 orders−$9.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$47.14
Costs to cover0.180%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 10 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.0612.2 bp−$1225.6 bp−$256doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya