Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 351.99 | L +0.0327S −0.0290 | pay 0.0041% / 1h | 0m 25s | $278K | — | 10x | Long Avantis | |
| SHORT | 352.45 | 0 | 0.0000% / 8h | 3h 00m | $1.4M | $1.2M | 10x | Short Phemex |
Price gap+0.129%
Funding gap−0.0327% /8h
Funding costs $10 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−$24−0.0327% /8h now · paid −0.243% over the last 7D
Price$0spread +0.129% now, avg +0.134% → −0.005% if it goes back
Costsno datano order book for Avantis
Result, before costs−$25−0.25%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.129%
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
/8hAVGO on 28 exchanges
lowest funding firstBefore you open
1 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 + $1,000Avantis 10x, Phemex 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: −$9.80Long Avantis: 24 payments, −$9.80; short Phemex: 3 payments, $0.00.
- Note: Gap at its usual level+0.129% vs +0.134%The price leg adds little either way.
- Watch: Long leg is thinner$278K vs $1.4M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis No · Phemex YesKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0116%/8h × 21 periods−$24.27
Price spread+0.129% → +0.134% (7d avg)−$0.48
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$45.74
Costs to cover0.210%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Phemex: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTPhemex1.4228.3 bp−$28111.1 bp−$1,111doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 09-24 05:15 | Bitget | Other | $AVGO came under pressure yesterday as fresh China-related concerns weighed on the stock. Check out the key levels to watch next. @bitget on X ↗ |
| 09-23 05:20 | Kalshi | Other | JUST IN: China considers Broadcom switches in state data centers to boost local chip makers @Kalshi on X ↗ |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market AVGO/USD ($AVGO) seen by our collector |


Bitget
Kalshi
gTrade (Gains Network)