Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 211.41 | +0.0032 | pay 0.0004% / 1h | 59m 58s | $571K | $119K | 10x | Long Extended10% off | |
| SHORT | 211.55 | L +0.0050S −0.0055 | get 0.0007% / 1h | 59m 58s | $104K | — | 25x | Short Avantis |
Price gap+0.064%
Funding gap+0.0023% /8h
Both sides work: funding pays +$1 a day on $10k, and the gap is 0.158% above its 7d average: +$16 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$4+0.0023% /8h now · paid +0.042% over the last 7D
Price+$16spread +0.064% now, avg −0.094% → +0.158% if it goes back
Costsno datano order book for Avantis
Result, before costs+$20+0.20%+ Points / potential airdropExtended: points · Avantis: 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+0.064%
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
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $400Extended 10x, 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: +$0.68Long Extended: 24 payments, −$0.96; short Avantis: 24 payments, +$1.64.
- OK: Entry gap works for you+0.064% vs −0.094%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$104K vs $571K OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legExtended points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legExtended No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0020%/8h × 21 periods+$4.22
Price spread+0.064% → −0.094% (7d avg)+$15.75
Slippage, 4 ordersno data for Avantis—
Fee Extended bp × 2 orders−$5.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k+$5.97
Costs to cover0.140%Break-evenfrom the start
Slippage: Extended: live order book, 23 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGExtended0.473.6 bp−$420.6 bp−$206doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
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