Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5177 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 25m 31s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5179 | +0.0100 | get 0.0100% / 8h | 4h 25m | $90.7M | $100.5M | 50x | Short Bybit |
Price gap+0.033%52s
Funding gap−0.0137% /8h
The gap pays +$3 on $10k if it goes back to zero (no 7-day history yet), but funding costs $4 a day and eats that in about 19 hours. At the last 7 days' pace that is about 9 hours.
The two prices were read 52 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−$61−0.0137% /8h now · paid −0.613% over the last 7D
Price—spread +0.033%52s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: 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+0.033%
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
/8hWLD on 39 exchanges
lowest funding firstBefore you open
1 ok · 4 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, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.11Long Avantis: 24 payments, −$7.11; short Bybit: 3 payments, +$3.00.
- Watch: Prices read 52 s apart+0.033% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$59K vs $90.7M 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 · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0292%/8h × 21 periods−$61.32
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$81.32
price spread not counted: prices read too far apartCosts to cover0.200%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTBybit0.969.7 bp−$1019.4 bp−$19486.6 bp−$8,656doesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya