Funding arb · Price arb / Crypto
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.8186 | +0.0100 | pay 0.0050% / 4h | 2h 33m | $606K | $642K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.8183 | L +0.0237S +0.0042 | pay 0.0005% / 1h | 33m 58s | $187K | — | 10x | Short Avantis |
Price gap−0.036%
Funding gap−0.0142% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.044% under its 7d average. Swap the legs.
Funding on this pair paid 0.208% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21−0.0142% /8h now · paid +0.208% over the last 7D
Price−$4spread −0.036% now, avg +0.008% → −0.044% if it goes back
Costsno datano order book for Avantis
Result, before costs+$16+0.16%+ Points / potential airdropVariational Omni: 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 · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.036%
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$200 + $1,000Variational Omni 50x, 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 Variational Omni: 6 payments, −$3.00; short Avantis: 24 payments, −$1.26.
- Watch: Gap narrower than usual−0.036% vs +0.008%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$187K vs $606K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0099%/8h × 21 periods+$20.78
Price spread−0.036% → +0.008% (7d avg)−$4.44
Slippage, 4 ordersno data for Avantis—
Fee Variational Omni bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$7.35
Costs to cover0.090%Break-even4.5 days
Slippage: Variational Omni: RFQ quote, 34 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.2818.4 bp−$1828.8 bp−$288doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya