Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 196.38 | +0.0100 | pay 0.0100% / 8h | 4h 06m | $417 | $679K | 10x | Long Orderly | |
| SHORT | 197.60 | +0.0046 | get 0.0006% / 1h | 6m 07s | $328K | — | 25x | Short Vest Markets+5% pts |
Price gap+0.621%
Funding gap−0.0054% /8h
The gap pays +$34 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 21 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1−0.0054% /8h now · paid +0.014% over the last 7D
Price+$34spread +0.621% now, avg +0.279% → +0.343% if it goes back
Costsno datano order book for Orderly and Vest Markets
Result, before costs+$36+0.36%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Orderly and Vest Markets · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.621%
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
/8hPLTR on 36 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly and Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $400Orderly 10x, Vest Markets 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.63Long Orderly: 3 payments, −$3.00; short Vest Markets: 24 payments, +$1.37.
- OK: Entry gap works for you+0.621% vs +0.279%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$417 vs $328K OIOrderly sets your exit cost. Check its book before closing.
- OK: Points on a legVest Markets pointsVolume here counts toward the points program.
- OK: No KYC on either legOrderly No · Vest Markets NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0007%/8h × 21 periods+$1.45
Price spread+0.621% → +0.279% (7d avg)+$34.26
Slippage, 4 ordersno data for Orderly and Vest Markets—
Fee Orderly bp × 2 orders−$6.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k+$27.71
Costs to cover0.080%Break-evenfrom the start
Slippage: Orderly: no order-book sample; Vest Markets: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGOrderly—————
SELL · SHORTVest Markets—————
Closing costs about the same again.
Orderly and Vest Markets: no data.
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