Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 211.15 | L +0.0017S −0.0019 | pay 0.0002% / 1h | 7m 34s | $104K | — | 25x | Long Avantis | |
| SHORT | 212.24 | +0.0100 | get 0.0100% / 8h | 4h 07m | $34K | $721K | 20x | Short Orderly |
Price gap+0.516%
Funding gap+0.0083% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.418% above its 7d average: +$42 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10+0.0083% /8h now · paid +0.099% over the last 7D
Price+$42spread +0.516% now, avg +0.098% → +0.418% if it goes back
Costsno datano order book for Avantis and Orderly
Result, before costs+$52+0.52%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis and Orderly · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.516%
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 and Orderly: its slippage is not counted.
- Note: Margin at max leverage$400 + $500Avantis 25x, Orderly 20x. 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: +$2.48Long Avantis: 24 payments, −$0.52; short Orderly: 3 payments, +$3.00.
- OK: Entry gap works for you+0.516% vs +0.098%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$34K vs $104K OIOrderly 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 · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0047%/8h × 21 periods+$9.87
Price spread+0.516% → +0.098% (7d avg)+$41.83
Slippage, 4 ordersno data for Avantis and Orderly—
Fee Avantis bp × 2 orders−$9.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k+$36.70
Costs to cover0.150%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTOrderly—————
Closing costs about the same again.
Avantis and Orderly: no data.
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