Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 211.15 | L +0.0317S −0.0348 | pay 0.0040% / 1h | 53m 24s | $104K | — | 25x | Long Avantis | |
| SHORT | 213.51 | +0.0166 | get 0.0166% / 8h | 53m 24s | $15.9M | $3.6M | 50x | Short OKX |
Price gap+1.118%
Funding gap−0.0151% /8h
The gap pays +$86 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 19 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1−0.0151% /8h now · paid +0.009% over the last 7D
Price+$86spread +1.118% now, avg +0.255% → +0.863% if it goes back
Costsno datano order book for Avantis
Result, before costs+$87+0.87%+ 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+1.118%
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
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$400 + $200Avantis 25x, OKX 50x. 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: −$4.53Long Avantis: 24 payments, −$9.52; short OKX: 3 payments, +$4.98.
- OK: Entry gap works for you+1.118% vs +0.255%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$104K vs $15.9M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0004%/8h × 21 periods+$0.94
Price spread+1.118% → +0.255% (7d avg)+$86.30
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee OKX bp × 2 orders−$10.00
Net, fees only · 7 days · $10k+$68.24
Costs to cover0.190%Break-evenfrom the start
Slippage: Avantis: no order-book sample; OKX: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTOKX0.235.7 bp−$68.7 bp−$8741.1 bp−$4,108doesn’t fit
Closing costs about the same again.
Avantis: no data.
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