Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,152.5 | L +0.0108S +0.0023 | pay 0.0013% / 1h | 14m 14s | $5.4M | — | 200x | Long Avantis | |
| SHORT | 4,160.4 | 0 | 0.0000% / 4h | 14m 14s | $90K | $823K | 20x | Short SunX≤10% back |
Price gap+0.192%
Funding gap−0.0108% /8h
Funding costs $3 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0108% /8h now · paid −0.265% over the last 7D
Price$0spread +0.192% now, avg +0.189% → +0.002% if it goes back
Costsno datano order book for Avantis
Result, before costs−$26−0.26%+ 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 · historyEntry / ExitSunX: thin, under $1M open interest
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+0.192%
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
/8hXAU on 41 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$50 + $500Avantis 200x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.23Long Avantis: 24 payments, −$3.23; short SunX: 6 payments, $0.00.
- Note: Gap at its usual level+0.192% vs +0.189%The price leg adds little either way.
- Watch: Short leg is thinner$90K vs $5.4M OISunX 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 · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0126%/8h × 21 periods−$26.51
Price spread+0.192% → +0.189% (7d avg)+$0.23
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$4.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$38.27
Costs to cover0.120%Break-evennever at this rate
Slippage: Avantis: no order-book sample; SunX: live order book, 61 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTSunX21.5127.5 bp−$2745.0 bp−$450doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 09-30 18:40 | Hotstuff | Listing | GOLD-PERP no longer reported ($XAU) seen by our collector |
| 09-30 15:36 | BingX | Other | here’s what could move markets before your next trade 👀 which are you watching: gold, the dollar or AI stocks? 👇 @BingXOfficial on X ↗ |
| 09-30 02:07 | Avantis | Other | The macro backdrop hasn’t changed much, but the reactions across markets have. Yields are pushing back toward multi-decade highs and equities are struggling to get much traction. $XAU is bouncing after getting hit hard, while $BTC has managed to recover toward $84K. That divergence is where this week gets interesting, and the crew is diving in tomorrow at 12:30pm ET 📺 @verantaxyz on X ↗ |
| 09-29 13:32 | GRVT | Other | UPDATE: 74 of 109 RWA markets traded in week one. Gold led, Korean semis second, US brokerage third. Makers paid on all of them. @grvt_io on X ↗ |
| 09-29 08:55 | ApeX Omni | Other | Quiet tape. S&P -0.8%, NASDAQ -0.9%, gold and oil barely moved. The 10y keeps grinding: 5.240%, another 13bp since Thursday. bitcoin:native $83,983 +1.3%, $ETH $2,712 +2.6%. $31M into spot ETFs, an eighth straight day. Fear and greed 73. @OfficialApeXdex on X ↗ |
| 09-28 20:36 | BingX | Other | Core PCE takes center stage Wednesday 👀 A cooler print could lift gold, while a hotter one may boost USD and pressure stocks. Trade $XAU on BingX TradFi 👇 @BingXOfficial on X ↗ |


BingX
GRVT
ApeX Omni