Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5404 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 26m 57s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5422 | +0.0100 | get 0.0013% / 1h | 26m 57s | $83.5M | $51.0M | 10x | Short Hyperliquid4% off |
Price gap+0.343%
Funding gap−0.0137% /8h
The gap pays +$34 on $10k if it goes back to zero (no 7-day history yet), but funding costs $4 a day and eats that in about 8.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$25−0.0137% /8h now · paid −0.251% over the last 7D
Price—spread +0.343% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · Hyperliquid: Season 2 · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.343%
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
3 ok · 1 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, Hyperliquid 10x. 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: −$4.11Long Avantis: 24 payments, −$7.11; short Hyperliquid: 24 payments, +$3.00.
- Note: No 7-day spread history+0.343%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$59K vs $83.5M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · Hyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legAvantis No · Hyperliquid NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0120%/8h × 21 periods−$25.14
Price spread+0.343% → 0+$34.34
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Hyperliquid bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$8.80
Costs to cover0.180%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Hyperliquid: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTHyperliquid0.748.8 bp−$916.3 bp−$16351.6 bp−$5,164doesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya