Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5441 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 1m 32s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5455 | +0.0100 | get 0.0050% / 4h | 3h 01m | $23K | $361K | 20x | Short edgeX |
Price gap+0.261%51s
Funding gap−0.0137% /8h
The gap pays +$26 on $10k if it goes back to zero (no 7-day history yet), but funding costs $4 a day and eats that in about 6.4 days. At the last 7 days' pace that is about 3.2 days.
The two prices were read 51 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−$58−0.0137% /8h now · paid −0.577% over the last 7D
Price—spread +0.261%51s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · edgeX: points · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.261%
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 · 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 + $500Avantis 10x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments 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 edgeX: 6 payments, +$3.00.
- Watch: Prices read 51 s apart+0.261% vs —Part of this gap may be the market moving.
- Watch: Short leg is thinner$23K vs $59K OIedgeX sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0275%/8h × 21 periods−$57.74
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$75.74
price spread not counted: prices read too far apartCosts to cover0.180%Break-evennever at this rate
Slippage: Avantis: no order-book sample; edgeX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTedgeX4.609.2 bp−$916.9 bp−$169doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya