Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,070 | 0 | 0.0000% / 8h | 1h 17m | $74.7M | $48.7M | 75x | Long Gate | |
| SHORT | 1,068.7 | L +0.0194S −0.0158 | get 0.0020% / 1h | 17m 32s | $119K | — | 5x | Short Avantis |
Price gap−0.121%
Funding gap+0.0158% /8h
Funding trade: +$5 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+$14+0.0158% /8h now · paid +0.140% over the last 7D
Price+$1spread −0.121% now, avg −0.131% → +0.010% if it goes back
Costsno datano order book for Avantis
Result, before costs+$15+0.15%+ 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−0.121%
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$133 + $2,000Gate 75x, 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: +$4.73Long Gate: 3 payments, $0.00; short Avantis: 24 payments, +$4.73.
- Note: Gap at its usual level−0.121% vs −0.131%The price leg adds little either way.
- Watch: Short leg is thinner$119K vs $74.7M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCGate Yes · Avantis NoKYC 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+0.0067%/8h × 21 periods+$14.04
Price spread−0.121% → −0.131% (7d avg)+$0.96
Slippage, 4 ordersno data for Avantis—
Fee Gate bp × 2 orders−$15.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$8.99
Costs to cover0.240%Break-even11.5 days
Slippage: Gate: live order book, 3 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGGate0.5111.3 bp−$1114.6 bp−$14635.8 bp−$3,58571.0 bp−$35.5K
SELL · SHORTAvantis—————
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 ↗ |
| 09-30 19:45 | Vest Markets | Other | Trade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗ |
| 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 ↗ |
| 09-30 17:30 | MEXC | Other | $MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗ |
| 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 ↗ |


Backpack
Polymarket Perps
MEXC
Phoenix