Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5318 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 35m 17s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5308 | +0.0100 | get 0.0100% / 8h | 3h 35m | $471K | $878K | 10x | Short GRVT |
Price gap−0.187%
Funding gap−0.0137% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.187% under zero (no 7-day history yet). Swap the legs.
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 −0.187% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · GRVT: points · farm boardneeds both price histories
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.187%
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 + $1,000Avantis 10x, GRVT 10x. 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 GRVT: 3 payments, +$3.00.
- Note: No 7-day spread history−0.187%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$59K vs $471K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · GRVT 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 spread−0.187% → 0−$18.71
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$94.45
Costs to cover0.180%Break-evennever at this rate
Slippage: Avantis: no order-book sample; GRVT: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTGRVT2.848.8 bp−$925.6 bp−$256doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya