Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5379 | +0.0100 | pay 0.0013% / 1h | 36m 47s | $82.6M | $51.6M | 10x | Long Hyperliquid4% off | |
| SHORT | 0.5370 | L +0.0237S +0.0032 | pay 0.0004% / 1h | 36m 47s | $59K | — | 10x | Short Avantis |
Price gap−0.163%
Funding gap−0.0132% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.163% 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−$29−0.0132% /8h now · paid −0.293% over the last 7D
Price—spread −0.163% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropHyperliquid: Season 2 · Avantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.163%
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 + $1,000Hyperliquid 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: −$3.95Long Hyperliquid: 24 payments, −$3.00; short Avantis: 24 payments, −$0.95.
- Note: No 7-day spread history−0.163%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$59K vs $82.6M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2 · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0140%/8h × 21 periods−$29.30
Price spread−0.163% → 0−$16.34
Slippage, 4 ordersno data for Avantis—
Fee Hyperliquid bp × 2 orders−$9.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$63.64
Costs to cover0.180%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 3 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.938.3 bp−$818.0 bp−$18063.0 bp−$6,303doesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya