Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5431 | +0.0100 | pay 0.0100% / 8h | 7h 17m | $26K | $1.1M | 50x | Long SunX≤10% back | |
| SHORT | 0.5431 | L +0.0237S +0.0032 | pay 0.0004% / 1h | 17m 39s | $59K | — | 10x | Short Avantis |
Price gap−0.002%
Funding gap−0.0132% /8h
Funding costs $4 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3−0.0132% /8h now · paid +0.031% over the last 7D
Price—spread −0.002% 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…Entry / ExitSunX: thin, under $1M open interest · Avantis: 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−0.002%
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 · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000SunX 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 SunX: 3 payments, −$3.00; short Avantis: 24 payments, −$0.95.
- Note: No 7-day spread history−0.002%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$26K vs $59K OISunX 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 legSunX 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+$3.08
Price spread−0.002% → 0−$0.18
Slippage, 4 ordersno data for Avantis—
Fee SunX bp × 2 orders−$8.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$14.10
Costs to cover0.170%Break-even39.0 days
Slippage: SunX: live order book, 4 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSunX32.4242.4 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
Reya