Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 322.52 | +0.0150 | pay 0.0019% / 1h | 57m 54s | $56K | $6K | 10x | Long Nado20% off | |
| SHORT | 322.10 | L +0.0028S +0.0008 | pay 0.0001% / 1h | 57m 54s | $154K | — | 10x | Short Avantis |
Price gap−0.131%
Funding gap−0.0158% /8h
Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.131% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4−0.0158% /8h now · paid +0.037% over the last 7D
Price—spread −0.131% now · no price history on both exchanges yet
Costsno datano order book for Nado and Avantis
Result, before costs—+ Points / potential airdropNado: points · Avantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.131%
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
3 ok · 1 to watch- Note: Order book unknown—No order-book sample for Nado and Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $1,000Nado 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: −$4.74Long Nado: 24 payments, −$4.51; short Avantis: 24 payments, −$0.23.
- Note: No 7-day spread history−0.131%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$56K vs $154K OINado sets your exit cost. Check its book before closing.
- OK: Points on a legNado points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legNado No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0017%/8h × 21 periods+$3.65
Price spread−0.131% → 0−$13.15
Slippage, 4 ordersno data for Nado and Avantis—
Fee Nado bp × 2 orders−$7.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$25.50
Costs to cover0.160%Break-even55.8 days
Slippage: Nado: no order-book sample; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGNado—————
SELL · SHORTAvantis—————
Closing costs about the same again.
Nado and Avantis: no data.
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