Funding you earn now, next payment 00:00 UTC−0.0647%/8h= −70.8% APRnext payment −$3.23 per $10,000 · paid last 24h +0.100%
Price spread now: Gate against Binance+0.079%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$2012.013% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.079%, 7d avg +0.022%
=The price spread pays, funding is against you. Gate is 0.056% dearer against Binance than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.022%): +$6 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAUSDT | 0.2452 | −0.1501 | get 0.0751% / 4h | 1h 56m | $3.6M | $10.9M | 25x |
| Short | Gate AVA_USDT | 0.2454 | −0.2148 | pay 0.1074% / 4h | 1h 56m | $273K | $248K | 20x |
Binance AVAUSDT
Gate AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$135.84
- Price spread: +0.079% → +0.022%
- $5.62
- Slippage, 4 orders
- −$176.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$331.49
- Costs to cover
- 2.013%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 21 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 14 min ago | 2.05 bp | 25.9 bp −$26 | 151.0 bp −$1,510 | doesn't fit | doesn't fit |
| Sell Gate live order book, 21 min ago | 12.31 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
AVA on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAUSDT | −0.2577% | 4h | 0.2456 | +0.160% | $1.3M | $1.2M | 5x | as long as short |
| Gate AVA_USDTshort | −0.2148% | 4h | 0.2454 | +0.079% | $273K | $248K | 20x | |
| Aster AVAUSDT | −0.2001% | 1h | 0.2456 | +0.172% | $12K | $46K | 5x | as long as short |
| Variational Omni AVA | −0.1664% | 4h | 0.2445 | −0.293% | $9K | $7K | — | as long as short |
| Binance AVAUSDTlong | −0.1501% | 4h | 0.2452 | long leg | $3.6M | $10.9M | 25x | |
| MEXC AVA_USDT | −0.1490% | 4h | 0.2453 | +0.038% | $385K | $179K | 50x | as long as short |
| Bitget AVAUSDT | −0.1386% | 4h | 0.2448 | −0.166% | $369K | $923K | 25x | as long as short |
| BingX AVA-USDT | −0.0956% | 4h | 0.2453 | +0.038% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0772% | 4h | 0.2449 | −0.125% | $702K | $86K | 30x | as long as short |
Bybit AVAUSDT
Aster AVAUSDT
Variational Omni AVA
MEXC AVA_USDT
Bitget AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM