Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 522.94 | L +0.0050S −0.0050 | pay 0.0006% / 1h | 32m 16s | $63K | — | 25x | Long Avantis | |
| SHORT | 524.48 | 0 | 0.0000% / 8h | 5h 32m | $11.7M | $3.8M | 100x | Short Bybit |
Price gap+0.294%
Funding gap−0.0050% /8h
The gap pays +$29 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 20 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0050% /8h now · paid −0.084% over the last 7D
Price—spread +0.294% now · no price history on both exchanges yet
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · farm boardneeds both price histories
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.294%
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
/8hMSFT on 39 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$400 + $100Avantis 25x, 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: −$1.50Long Avantis: 24 payments, −$1.50; short Bybit: 3 payments, $0.00.
- Note: No 7-day spread history+0.294%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$63K vs $11.7M 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 · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0040%/8h × 21 periods−$8.41
Price spread+0.294% → 0+$29.45
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k+$1.04
Costs to cover0.200%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTBybit0.299.0 bp−$914.3 bp−$143doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
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