Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 212.69 | +0.0008 | pay 0.0001% / 1h | 30m 04s | $645K | $214K | — | Long AZverse | |
| SHORT | 211.15 | L −0.0026S +0.0029 | pay 0.0004% / 1h | 30m 04s | $104K | — | 25x | Short Avantis |
Price gap−0.724%
Funding gap−0.0037% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.310% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$0−0.0037% /8h now · paid −0.002% over the last 15 hours (all we have)
Price−$31spread −0.724% now, avg −0.414% → −0.310% if it goes back
Costsno datano order book for AZverse and Avantis
Result, before costs−$31−0.31%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for AZverse and Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.724%
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 AZverse and Avantis: its slippage is not counted.
- Note: Margin at max leverage— + $400AZverse —, Avantis 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.10Long AZverse: 24 payments, −$0.24; short Avantis: 24 payments, −$0.86.
- Watch: Gap narrower than usual−0.724% vs −0.414%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$104K vs $645K OIAvantis 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 legAZverse No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0012%/8h × 21 periods−$2.44
Price spread−0.724% → −0.414% (7d avg)−$30.96
Slippage, 4 ordersno data for AZverse and Avantis—
Fee AZverse bp × 2 orders−$12.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$54.41
Costs to cover0.210%Break-evennever at this rate
Slippage: AZverse: no order-book sample; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTAvantis—————
Closing costs about the same again.
AZverse and Avantis: no data.
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