Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5183 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 23m 52s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5200 | +0.1552 | get 0.0194% / 1h | 23m 52s | $320K | $488K | 50x | Short Coinbase International |
Price gap+0.320%
Funding gap+0.1315% /8h
Both sides work: funding pays +$39 a day on $10k, and the gap is 0.320% above zero (no 7-day history yet): +$32 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$33+0.1315% /8h now · paid +0.329% over the last 7D
Price—spread +0.320% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.329% in total, about +0.0157%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.320%
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
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, Coinbase International 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: +$39.45Long Avantis: 24 payments, −$7.11; short Coinbase International: 24 payments, +$46.56.
- Note: No 7-day spread history+0.320%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$59K vs $320K 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 · Coinbase International YesID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0157%/8h × 21 periods+$32.90
Price spread+0.320% → 0+$32.01
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Coinbase International bp × 2 orders−$8.00
Net, fees only · 7 days · $10k+$47.91
Costs to cover0.170%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Coinbase International: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTCoinbase International74.0978.1 bp−$78doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya