Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5132 | +0.0100 | pay 0.0100% / 8h | 5h 03m | $89.8M | $100.1M | 50x | Long Bybit | |
| SHORT | 0.5130 | L +0.0237S +0.0032 | pay 0.0004% / 1h | 3m 23s | $59K | — | 10x | Short Avantis |
Price gap−0.035%
Funding gap−0.0132% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.035% under zero (no 7-day history yet). Swap the legs.
Funding on this pair paid 0.067% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$7−0.0132% /8h now · paid +0.067% over the last 7D
Price—spread −0.035% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.035%
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
1 ok · 3 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000Bybit 50x, Avantis 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.95Long Bybit: 3 payments, −$3.00; short Avantis: 24 payments, −$0.95.
- Note: No 7-day spread history−0.035%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$59K vs $89.8M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCBybit Yes · Avantis NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0032%/8h × 21 periods+$6.75
Price spread−0.035% → 0−$3.52
Slippage, 4 ordersno data for Avantis—
Fee Bybit bp × 2 orders−$11.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$16.77
Costs to cover0.200%Break-even24.4 days
Slippage: Bybit: live order book, 9 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.989.3 bp−$915.4 bp−$15470.9 bp−$7,095doesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya