Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,068.4 | L +0.0194S −0.0158 | pay 0.0024% / 1h | 16m 47s | $119K | — | 5x | Long Avantis | |
| SHORT | 1,069.4 | +0.0218 | get 0.0218% / 8h | 1h 16m | $30K | $346K | 10x | Short GRVT |
Price gap+0.091%61s
Funding gap+0.0024% /8h
Funding trade: +$1 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15+0.0024% /8h now · paid −0.153% over the last 7D
Price—spread +0.091%61s now · prices read too far apart to compare
Costsno datano order book for Avantis
Result, before costs—+ Points / potential airdropAvantis: Season 3 · GRVT: points · farm boardneeds both prices read together
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.091%
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 + $1,000Avantis 5x, GRVT 10x. 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: +$0.72Long Avantis: 24 payments, −$5.82; short GRVT: 3 payments, +$6.54.
- Watch: Prices read 61 s apart+0.091% vs +0.071%Part of this gap may be the market moving.
- Watch: Short leg is thinner$30K vs $119K OIGRVT sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0073%/8h × 21 periods−$15.30
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee GRVT bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$33.30
price spread not counted: prices read too far apartCosts to cover0.180%Break-evennever at this rate
Slippage: Avantis: no order-book sample; GRVT: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTGRVT1.136.2 bp−$69.2 bp−$92doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 09-30 20:09 | Backpack | Other | JUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗ |
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| 09-30 19:45 | Vest Markets | Other | $MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗ |
| 09-30 19:11 | Polymarket Perps | Other | MEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗ |
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| 09-30 15:30 | Phoenix | Other | $MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗ |


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