Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5326 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 56m 07s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5323 | +0.0168 | get 0.0021% / 1h | 56m 07s | $7.7M | $5.7M | 10x | Short Lighter7d free |
Price gap−0.063%
Funding gap−0.0069% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.063% 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−$11−0.0069% /8h now · paid −0.109% over the last 7D
Price—spread −0.063% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · Lighter: Season 3 · farm boardneeds both price histories
Price and funding
1h · historyEntry / ExitAvantis: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.063%
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, Lighter 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: −$2.07Long Avantis: 24 payments, −$7.11; short Lighter: 24 payments, +$5.04.
- Note: No 7-day spread history−0.063%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$59K vs $7.7M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legAvantis No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0052%/8h × 21 periods−$10.91
Price spread−0.063% → 0−$6.26
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$26.17
Costs to cover0.090%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Lighter: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTLighter1.514.9 bp−$56.9 bp−$6995.0 bp−$9,497doesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya