Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 4,184.9 | L +0.0108S +0.0023 | pay 0.0013% / 1h | 0m 10s | $2.4M | — | 200x | Long Avantis | |
| SHORT | 4,216.1 | +0.0046 | get 0.0006% / 1h | 0m 10s | $1.6M | — | 25x | Short Vest Markets+5% pts |
Price gap+0.747%
Funding gap−0.0062% /8h
Funding costs $2 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−$17−0.0062% /8h now · paid −0.169% over the last 7D
Price−$1spread +0.747% now, avg +0.758% → −0.012% if it goes back
Costsno datano order book for Avantis and Vest Markets
Result, before costs−$18−0.18%+ Points / potential airdropAvantis: Season 3 · Vest Markets: points · farm boardcosts unknown: no order book for Avantis and Vest Markets · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.747%
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
3 ok · 0 to watch- Note: Order book unknown—No order-book sample for Avantis and Vest Markets: its slippage is not counted.
- Note: Margin at max leverage$50 + $400Avantis 200x, Vest Markets 25x. 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: −$1.86Long Avantis: 24 payments, −$3.23; short Vest Markets: 24 payments, +$1.37.
- Note: Gap at its usual level+0.747% vs +0.758%The price leg adds little either way.
- Note: Short leg is thinner$1.6M vs $2.4M OIBoth legs are deep; Vest Markets is the smaller one.
- OK: Points on a legAvantis Season 3 · Vest Markets pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · Vest Markets NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0080%/8h × 21 periods−$16.90
Price spread+0.747% → +0.758% (7d avg)−$1.18
Slippage, 4 ordersno data for Avantis and Vest Markets—
Fee Avantis bp × 2 orders−$4.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k−$24.08
Costs to cover0.060%Break-evennever at this rate
Slippage: Avantis: no order-book sample; Vest Markets: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTVest Markets—————
Closing costs about the same again.
Avantis and Vest Markets: no data.
| 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 ↗ |
| 09-28 15:58 | BingX | Other | Gold fell over $115 today to its lowest level since August. Higher bond yields, a stronger dollar, and high oil prices are pushing the market down 👀 @BingXOfficial on X ↗ |
| 09-28 15:17 | Ondo Perps | Product | Introducing spot trading for @Ondo Stocks. This brings the basis trade onto a single platform: 1. Buy Ondo Stocks 2. Deploy them as collateral 3. Short the corresponding perp to collect funding Because the spot holding doubles as long exposure and collateral, delta-neutral strategies become more capital efficient. Running both legs on a single platform also eliminates the risks of managing positions across separate platforms. Starting with 12 assets: ✅ Silver (SLVon) ✅ Gold (GLDon) ✅ Micron (MUon) ✅ Tesla (TSLAon) ✅ Circle (CRCLon) ✅ NVIDIA (NVDAon) ✅ SpaceX (SPCXon) ✅ Sandisk (SNDKon) ✅ Alphabet (GOOGLon) ✅ S&P 500 ETF (SPYon) ✅ Invesco QQQ (QQQon) ✅ Roundhill Memory ETF (DRAMon) ✅ & more to come For the first time, Ondo Stocks are available for permissionless trading (outside the US) on a spot central limit order book. Ondo Stocks opened access to tokenized equities, supporting them as collateral made those holdings productive, and now, spot trading on Ondo Perps brings the entire workflow to a single platform. Another step closer to onchain prime brokerage. To celebrate the launch, spot trading is fee-free for the first 30 days. Build a basis trade → @OndoPerps on X ↗ |

GRVT
ApeX Omni
BingX