Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5366 | +0.0085 | pay 0.0011% / 1h | 8m 53s | $164K | $17K | 10x | Long dYdX | |
| SHORT | 0.5365 | L +0.0378S −0.0116 | get 0.0015% / 1h | 8m 53s | $59K | — | 10x | Short Avantis |
Price gap−0.009%
Funding gap+0.0031% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$25+0.0031% /8h now · paid +0.246% over the last 7D
Price—spread −0.009% 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 · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.009%
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 + $1,000dYdX 10x, Avantis 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: +$0.93Long dYdX: 24 payments, −$2.56; short Avantis: 24 payments, +$3.49.
- Note: No 7-day spread history−0.009%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$59K vs $164K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legdYdX No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0117%/8h × 21 periods+$24.61
Price spread−0.009% → 0−$0.85
Slippage, 4 ordersno data for Avantis—
Fee dYdX bp × 2 orders−$10.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$4.76
Costs to cover0.190%Break-even5.6 days
Slippage: dYdX: live order book, 62 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGdYdX14.7719.8 bp−$20122.1 bp−$1,221149.8 bp−$15.0K194.5 bp−$97.2K
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya