Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5321 | +0.0100 | pay 0.0100% / 8h | 4h 12m | $478K | $849K | 10x | Long GRVT | |
| SHORT | 0.5294 | L +0.0237S +0.0032 | pay 0.0004% / 1h | 12m 29s | $59K | — | 10x | Short Avantis |
Price gap−0.506%68s
Funding gap−0.0132% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.506% under zero (no 7-day history yet). Swap the legs.
The two prices were read 68 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3−0.0132% /8h now · paid +0.032% over the last 7D
Price—spread −0.506%68s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropGRVT: points · Avantis: Season 3 · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.506%
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 + $1,000GRVT 10x, 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 GRVT: 3 payments, −$3.00; short Avantis: 24 payments, −$0.95.
- Watch: Prices read 68 s apart−0.506% vs —Part of this gap may be the market moving.
- Watch: Short leg is thinner$59K vs $478K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legGRVT No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0015%/8h × 21 periods+$3.25
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee GRVT bp × 2 orders−$9.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$14.75
price spread not counted: prices read too far apartCosts to cover0.180%Break-even38.8 days
Slippage: GRVT: live order book, 65 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT1.948.3 bp−$836.4 bp−$3643477.6 bp−$347.8Kdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya