Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 322.58 | L +0.0556S −0.0557 | pay 0.0069% / 1h | 57m 51s | $154K | — | 10x | Long Avantis | |
| SHORT | 323.48 | −0.0823 | pay 0.0103% / 1h | 57m 51s | $409K | $2K | 10x | Short Polymarket Perps |
Price gap+0.279%
Funding gap−0.1379% /8h
The gap pays +$26 on $10k if it goes back to its 7d average, but funding costs $41 a day and eats that in about 15 hours. At the last 7 days' pace that is about 56 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3−0.1379% /8h now · paid −0.032% over the last 7D
Price+$26spread +0.279% now, avg +0.021% → +0.258% if it goes back
Costsno datano order book for Avantis
Result, before costs+$23+0.23%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.032% in total, about −0.0015%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.279%
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 33 exchanges
lowest funding firstBefore you open
4 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 + $1,000Avantis 10x, Polymarket Perps 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: −$41.38Long Avantis: 24 payments, −$16.68; short Polymarket Perps: 24 payments, −$24.70.
- OK: Entry gap works for you+0.279% vs +0.021%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$154K vs $409K OIAvantis 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 legAvantis No · Polymarket Perps 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−$3.23
Price spread+0.279% → +0.021% (7d avg)+$25.79
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Polymarket Perps bp × 2 orders−$8.00
Net, fees only · 7 days · $10k+$5.56
Costs to cover0.170%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Polymarket Perps: live order book, 30 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTPolymarket Perps1.548.0 bp−$88.6 bp−$8611.1 bp−$1,115doesn’t fit
Closing costs about the same again.
Avantis: no data.
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