Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5191 | L +0.0237S +0.0032 | pay 0.0030% / 1h | 34m 12s | $59K | — | 10x | Long Avantis | |
| SHORT | 0.5126 | +0.0100 | get 0.0100% / 8h | 4h 34m | $3.6M | $4.6M | 50x | Short Variational Omni+15% pts |
Price gap−1.243%
Funding gap−0.0137% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 1.243% 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−$62−0.0137% /8h now · paid −0.617% over the last 7D
Price—spread −1.243% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · Variational Omni: points · farm boardneeds both price histories
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−1.243%
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 + $200Avantis 10x, Variational Omni 50x. 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 Variational Omni: 3 payments, +$3.00.
- Note: No 7-day spread history−1.243%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$59K vs $3.6M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0294%/8h × 21 periods−$61.74
Price spread−1.243% → 0−$124.29
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$195.02
Costs to cover0.090%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Variational Omni: RFQ quote, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTVariational Omni4.8611.7 bp−$1216.5 bp−$165doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
Reya