Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 55.643 | L +0.0054S 0 | pay 0.0007% / 1h | 16m 10s | — | — | 25x | Long Avantis | |
| SHORT | 55.751 | 0 | 0.0000% / 8h | 1h 16m | $1.8M | $2.8M | 20x | Short Binance |
Price gap+0.196%
Funding gap−0.0054% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.061% 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+$23−0.0054% /8h now · paid +0.227% over the last 7D
Price−$6spread +0.196% now, avg +0.257% → −0.061% if it goes back
Costsno datano order book for Avantis
Result, before costs+$17+0.17%+ Points / potential airdropAvantis: 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+0.196%
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
/8hPYPL on 11 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$400 + $500Avantis 25x, Binance 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: −$1.61Long Avantis: 24 payments, −$1.61; short Binance: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.196% vs +0.257%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner— vs $1.8M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3Volume here counts toward the points program.
- Watch: KYCAvantis No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0108%/8h × 21 periods+$22.71
Price spread+0.196% → +0.257% (7d avg)−$6.11
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Binance bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$0.39
Costs to cover0.170%Break-even7.1 days
Slippage: Avantis: no order-book sample; Binance: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTBinance1.8111.0 bp−$1188.2 bp−$882doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 10-27 09:00 | KuCoin | Listing | new market PYPLUSDTM ($PYPL) seen by our collector |
| 09-28 16:43 | Avantis | Other | 2/ Software and cybersecurity $PANW $FTNT $ADBE $ADSK $INTU $DDOG $WDAY $SHOP $PYPL $MELI $PDD $TTWO $DASH Application layer where the spend actually lives, is AI helping or harming these companies? @verantaxyz on X ↗ |
| 09-24 14:14 | Avantis | Listing | new market PYPL/USD ($PYPL) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market PYPL/USD ($PYPL) seen by our collector |
KuCoin
gTrade (Gains Network)