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 24s | $119K | — | 5x | Long Avantis | |
| SHORT | 1,062.4 | 0 | 0.0000% / 8h | 1h 46m | $73.3M | $47.4M | 75x | Short Gate |
Price gap+0.163%
Funding gap−0.0290% /8h
The gap pays +$3 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 9 hours. At the last 7 days' pace that is about 25 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0290% /8h now · paid −0.216% over the last 7D
Price+$3spread +0.163% now, avg +0.131% → +0.032% if it goes back
Costsno datano order book for Avantis
Result, before costs−$18−0.18%+ 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+0.163%
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 + $133Avantis 5x, Gate 75x. 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: −$8.71Long Avantis: 24 payments, −$8.71; short Gate: 3 payments, $0.00.
- OK: Entry gap works for you+0.163% vs +0.131%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$119K vs $73.3M 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 · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0103%/8h × 21 periods−$21.63
Price spread+0.163% → +0.131% (7d avg)+$3.16
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Gate bp × 2 orders−$15.00
Net, fees only · 7 days · $10k−$42.47
Costs to cover0.240%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Gate: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTGate0.8512.3 bp−$1218.0 bp−$18034.3 bp−$3,42857.0 bp−$28.5K
Closing costs about the same again.
Avantis: no data.
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