Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1.3263 | L +0.0045S +0.0041 | pay 0.0006% / 1h | 39m 49s | $6.8M | — | 500x | Long Avantis | |
| SHORT | 1.3289 | 0 | 0.0000% / 8h | 39m 49s | $499K | $104K | 100x | Short Bybit |
Price gap+0.193%
Funding gap−0.0045% /8h
The gap pays +$2 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 36 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0045% /8h now · paid −0.107% over the last 7D
Price+$2spread +0.193% now, avg +0.173% → +0.021% if it goes back
Costsno datano order book for Avantis
Result, before costs−$9−0.09%+ 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+0.193%
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
/8hGBP on 14 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$20 + $100Avantis 500x, Bybit 100x. 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: −$1.36Long Avantis: 24 payments, −$1.36; short Bybit: 3 payments, $0.00.
- OK: Entry gap works for you+0.193% vs +0.173%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$499K vs $6.8M OIBybit 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 · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0051%/8h × 21 periods−$10.74
Price spread+0.193% → +0.173% (7d avg)+$2.05
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$4.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k−$23.69
Costs to cover0.150%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Bybit: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTBybit0.0413.7 bp−$1446.3 bp−$463doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 09-21 11:50 | Bybit | Other | Don't miss the next big moves for @Bybit_Learn's "3 Assets to Watch"! ICYMI: Last week, GBPUSD and USDJPY perfectly respected @Bybit_Learn's targets. Catch up here: #Bybit @Bybit_Official on X ↗ |
| 09-17 14:52 | Bybit | Other | Just as forecasted, GBPUSD perfectly respects @Bybit_Learn's downside target after the Fed rate hike! 1 down, 2 more to go. Revisit the original trade setups for this week's "3 Assets to Watch": @Bybit_Official on X ↗ |