Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 211.52 | L −0.0014S +0.0015 | get 0.0002% / 1h | 58m 59s | $104K | — | 25x | Long Avantis | |
| SHORT | 212.58 | +0.0121 | get 0.0060% / 4h | 3h 58m | $142K | $320K | 20x | Short edgeX |
Price gap+0.502%
Funding gap+0.0135% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.384% above its 7d average: +$38 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$46+0.0135% /8h now · paid +0.461% over the last 7D
Price+$38spread +0.502% now, avg +0.118% → +0.384% if it goes back
Costsno datano order book for Avantis
Result, before costs+$85+0.85%+ Points / potential airdropAvantis: Season 3 · edgeX: points · 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+0.502%
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
/8hNVDA on 45 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$400 + $500Avantis 25x, edgeX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.04Long Avantis: 24 payments, +$0.41; short edgeX: 6 payments, +$3.63.
- OK: Entry gap works for you+0.502% vs +0.118%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$104K vs $142K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · edgeX pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · edgeX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0220%/8h × 21 periods+$46.13
Price spread+0.502% → +0.118% (7d avg)+$38.41
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee edgeX bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$66.54
Costs to cover0.180%Break-evenfrom the start
Slippage: Avantis: no order-book sample; edgeX: live order book, 29 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTedgeX10.3517.3 bp−$1793.4 bp−$934doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
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