Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 70.914 | +0.0100 | pay 0.0013% / 1h | 54m 53s | $79K | $458K | 5x | Long Reya | |
| SHORT | 71.044 | +0.0398 | get 0.0050% / 1h | 54m 53s | $1K | $189K | 10x | Short Aftermath Perps5% off |
Price gap+0.184%
Funding gap+0.0298% /8h
Both sides work: funding pays +$9 a day on $10k, and the gap is 0.104% above its 7d average: +$10 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$67+0.0298% /8h now · paid +0.674% over the last 7D
Price+$10spread +0.184% now, avg +0.079% → +0.104% if it goes back
Costsno datano order book for Reya
Result, before costs+$78+0.78%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.184%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $1,000Reya 5x, Aftermath 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: +$8.93Long Reya: 24 payments, −$3.00; short Aftermath Perps: 24 payments, +$11.93.
- OK: Entry gap works for you+0.184% vs +0.079%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$1K vs $79K OIAftermath Perps sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legReya No · Aftermath Perps NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0321%/8h × 21 periods+$67.38
Price spread+0.184% → +0.079% (7d avg)+$10.44
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Aftermath Perps bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$62.82
Costs to cover0.150%Break-even0.5 days
Slippage: Reya: no order-book sample; Aftermath Perps: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTAftermath Perps21.5637.4 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Reya: no data.
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