Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,065.9 | L +0.0200S −0.0164 | pay 0.0025% / 1h | 16m 07s | $119K | — | 5x | Long Avantis | |
| SHORT | 1,067.6 | +0.0304 | get 0.0038% / 1h | 16m 07s | $422K | $731K | 20x | Short Popdex |
Price gap+0.161%
Funding gap+0.0104% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.038% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4+0.0104% /8h now · paid −0.044% over the last 7D
Price+$4spread +0.161% now, avg +0.123% → +0.038% if it goes back
Costsno datano order book for Avantis
Result, before costs−$1−0.01%+ 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+0.161%
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 41 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $500Avantis 5x, Popdex 20x. 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: +$3.13Long Avantis: 24 payments, −$5.99; short Popdex: 24 payments, +$9.12.
- OK: Entry gap works for you+0.161% vs +0.123%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$119K vs $422K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legAvantis No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0022%/8h × 21 periods−$4.61
Price spread+0.161% → +0.123% (7d avg)+$3.81
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k−$16.20
Costs to cover0.154%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Popdex: live order book, 64 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTPopdex0.473.8 bp−$46.0 bp−$60doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
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