Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 53.904 | L +0.0046S +0.0025 | pay 0.0006% / 1h | 29m 26s | $492K | — | 75x | Long Avantis | |
| SHORT | 53.645 | +0.0008 | get 0.0001% / 1h | 29m 26s | $895K | $130K | — | Short AZverse |
Price gap−0.481%
Funding gap−0.0038% /8h
The gap pays +$16 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 14 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0038% /8h now · paid −0.008% over the last 16 hours (all we have)
Price+$16spread −0.481% now, avg −0.639% → +0.158% if it goes back
Costsno datano order book for Avantis and AZverse
Result, before costs+$15+0.15%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis and AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.481%
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
/8hXAG on 47 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- Note: Order book unknown—No order-book sample for Avantis and AZverse: its slippage is not counted.
- Note: Margin at max leverage$133 + —Avantis 75x, AZverse —. 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: −$1.15Long Avantis: 24 payments, −$1.39; short AZverse: 24 payments, +$0.24.
- OK: Entry gap works for you−0.481% vs −0.639%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$492K vs $895K 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 legAvantis No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0044%/8h × 21 periods−$9.19
Price spread−0.481% → −0.639% (7d avg)+$15.76
Slippage, 4 ordersno data for Avantis and AZverse—
Fee Avantis bp × 2 orders−$8.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$13.44
Costs to cover0.200%Break-evennever at this rate
Slippage: Avantis: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Avantis and AZverse: no data.
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