Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,060.6 | L +0.0290S −0.0254 | pay 0.0036% / 1h | 46m 28s | $119K | — | 5x | Long Avantis | |
| SHORT | 1,063.1 | +0.0417 | get 0.0417% / 8h | 1h 46m | $33.5M | $119.6M | 50x | Short Bitget |
Price gap+0.230%
Funding gap+0.0127% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.092% above its 7d average: +$9 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4+0.0127% /8h now · paid −0.039% over the last 7D
Price+$9spread +0.230% now, avg +0.138% → +0.092% if it goes back
Costsno datano order book for Avantis
Result, before costs+$5+0.05%+ 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+0.230%
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
/8hMU on 40 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$2,000 + $200Avantis 5x, Bitget 50x. 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: +$3.80Long Avantis: 24 payments, −$8.71; short Bitget: 3 payments, +$12.51.
- OK: Entry gap works for you+0.230% vs +0.138%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$119K vs $33.5M 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 · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0018%/8h × 21 periods−$3.88
Price spread+0.230% → +0.138% (7d avg)+$9.20
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Bitget bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$15.68
Costs to cover0.210%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Bitget: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTBitget1.139.4 bp−$912.6 bp−$12629.5 bp−$2,95368.6 bp−$34.3K
Closing costs about the same again.
Avantis: no data.
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