Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5327 | +0.0192 | pay 0.0024% / 1h | 15m 53s | $7.7M | $5.8M | 10x | Long Lighter7d free | |
| SHORT | 0.5317 | L +0.0237S +0.0032 | pay 0.0004% / 1h | 15m 53s | $59K | — | 10x | Short Avantis |
Price gap−0.198%58s
Funding gap−0.0224% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.198% under zero (no 7-day history yet). Swap the legs.
The two prices were read 58 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−$44−0.0224% /8h now · paid −0.443% over the last 7D
Price—spread −0.198%58s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropLighter: Season 3 · Avantis: Season 3 · farm boardneeds both prices read together
Price and funding
1h · historyEntry / ExitAvantis: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.198%
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 · 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 + $1,000Lighter 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: −$6.71Long Lighter: 24 payments, −$5.76; short Avantis: 24 payments, −$0.95.
- Watch: Prices read 58 s apart−0.198% vs —Part of this gap may be the market moving.
- Watch: Short leg is thinner$59K vs $7.7M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0211%/8h × 21 periods−$44.29
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Lighter bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$53.29
price spread not counted: prices read too far apartCosts to cover0.090%Break-evennever at this rate
Slippage: Lighter: live order book, 3 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.225.0 bp−$56.2 bp−$62105.8 bp−$10.6Kdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya