Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

NZD

RWAAll NZD markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Vest MarketsNZD-USD-PERP
0.5663+0.0046pay 0.0006% / 1h29m 11s$33K—100xLong Vest Markets+5% pts
SHORT
AvantisNZD/USD
0.5652L +0.0057S +0.0031pay 0.0004% / 1h29m 11s$2.7M—100xShort Avantis
Price gap−0.188%
Funding gap−0.0077% /8h

Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.188% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$16−0.0077% /8h now · paid −0.165% over the last 7D
Price—spread −0.188% now · no price history on both exchanges yet
Costsno datano order book for Vest Markets and Avantis
Result, before costs—+ Points / potential airdropVest Markets: points · Avantis: Season 3 · farm boardneeds both price histories

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.188%
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

/8h

NZD on 3 exchanges

lowest funding first

Before you open

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets and Avantis: its slippage is not counted.
  • Note: Margin at max leverage$100 + $100
    Vest Markets 100x, Avantis 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$2.30Long Vest Markets: 24 payments, −$1.37; short Avantis: 24 payments, −$0.93.
  • Note: No 7-day spread history−0.188%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$33K vs $2.7M OI
    Vest Markets sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points · Avantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legVest Markets No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0078%/8h × 21 periods−$16.48
Price spread−0.188% → 0−$18.82
Slippage, 4 ordersno data for Vest Markets and Avantis—
Fee Vest Markets bp × 2 orders−$2.00
Fee Avantis bp × 2 orders−$4.00
Net, fees only · 7 days · $10k−$41.30
Costs to cover0.060%Break-evennever at this rate
Slippage: Vest Markets: no order-book sample; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGVest Markets—————
SELL · SHORTAvantis—————

Closing costs about the same again.
Vest Markets and Avantis: no data.

Alert

NZD news

posts that mention NZD or New Zealand dollar, from every exchangeSearch all news →
09-29 11:00gTrade (Gains Network)ListingNZD/USD no longer reported ($NZD) seen by our collector