Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,070 | +0.0420 | pay 0.0420% / 8h | 1h 17m | $33.7M | $120.4M | 50x | Long Bitget | |
| SHORT | 1,068.7 | L +0.0194S −0.0158 | get 0.0020% / 1h | 17m 43s | $119K | — | 5x | Short Avantis |
Price gap−0.128%
Funding gap−0.0262% /8h
Funding costs $8 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$4−0.0262% /8h now · paid −0.037% over the last 7D
Price+$1spread −0.128% now, avg −0.138% → +0.010% if it goes back
Costsno datano order book for Avantis
Result, before costs−$3−0.03%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.037% in total, about −0.0018%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.128%
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
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$200 + $2,000Bitget 50x, Avantis 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$7.87Long Bitget: 3 payments, −$12.60; short Avantis: 24 payments, +$4.73.
- Note: Gap at its usual level−0.128% vs −0.138%The price leg adds little either way.
- Watch: Short leg is thinner$119K vs $33.7M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCBitget Yes · Avantis NoKYC 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−$3.71
Price spread−0.128% → −0.138% (7d avg)+$0.96
Slippage, 4 ordersno data for Avantis—
Fee Bitget bp × 2 orders−$12.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$23.74
Costs to cover0.210%Break-evennever at this rate
Slippage: Bitget: live order book, 8 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBitget0.657.1 bp−$712.7 bp−$12716.9 bp−$1,68836.0 bp−$18.0K
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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