Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5426 | L +0.0551S −0.0299 | pay 0.0069% / 1h | 58m 27s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5428 | +0.0684 | get 0.0086% / 1h | 58m 27s | $1.4M | $5.3M | 50x | Short Kraken Futures |
Price gap+0.044%59s
Funding gap+0.0133% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.044% above zero (no 7-day history yet): +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7+0.0133% /8h now · paid −0.065% over the last 7D
Price—spread +0.044%59s 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 · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.044%
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 + $200Avantis 10x, Kraken Futures 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: +$4.00Long Avantis: 24 payments, −$16.53; short Kraken Futures: 24 payments, +$20.53.
- Watch: Prices read 59 s apart+0.044% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$59K vs $1.4M 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 · Kraken Futures YesFull verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0031%/8h × 21 periods−$6.55
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Kraken Futures bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$25.55
price spread not counted: prices read too far apartCosts to cover0.190%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Kraken Futures: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTKraken Futures8.3018.2 bp−$1825.8 bp−$2581109.1 bp−$110.9Kdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya