Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 516.68 | L +0.0222S −0.0185 | pay 0.0028% / 1h | 47m 34s | $54K | — | 15x | Long Avantis | |
| SHORT | 524.12 | +0.0193 | get 0.0193% / 8h | 6h 47m | $13K | $67K | 10x | Short GRVT |
Price gap+1.440%
Funding gap−0.0029% /8h
The gap pays +$144 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 6 months.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11−0.0029% /8h now · paid +0.106% over the last 7D
Price—spread +1.440% now · no price history on both exchanges yet
Costsno datano order book for Avantis and GRVT
Result, before costs—+ Points / potential airdropAvantis: Season 3 · GRVT: points · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+1.440%
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
/8hAMD on 38 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Avantis and GRVT: its slippage is not counted.
- Note: Margin at max leverage$667 + $1,000Avantis 15x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.86Long Avantis: 24 payments, −$6.65; short GRVT: 3 payments, +$5.79.
- Note: No 7-day spread history+1.440%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$13K vs $54K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0050%/8h × 21 periods+$10.58
Price spread+1.440% → 0+$143.99
Slippage, 4 ordersno data for Avantis and GRVT—
Fee Avantis bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$136.58
Costs to cover0.180%Break-evenfrom the start
Slippage: Avantis: no order-book sample; GRVT: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTGRVT—————
Closing costs about the same again.
Avantis and GRVT: no data.
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