Funding you earn now, next payment 08:00 UTC−0.0187%/8h= −20.5% APRnext payment −$0.94 per $10,000 · paid last 24h +0.191%
Price spread now: Gate against Bybit−0.155%7-day average −0.229% · you buy dearer than you sell
Net, funding: paid 7d − costs−$287as in the Funding arb table
Net, price: spread back to 7d avg − costs−$283as in the Price arb table
costs, in and out, $10k−$2912.909% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days+0.174%+$17 · spread now −0.155%, 7d avg −0.229%
=The price spread pays, funding is against you. Gate is 0.074% dearer against Bybit than usual: you sell high and buy low (spread −0.155% now, against its 7-day average of −0.229%): +$7 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.94 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 | Bybit AVAUSDT | 0.2573 | −0.0795 | get 0.0397% / 4h | 2h 31m | $1.3M | $1.2M | 5x |
| Short | Gate AVA_USDT | 0.2569 | −0.0982 | pay 0.0491% / 4h | 2h 31m | $312K | $252K | 20x |
Bybit AVAUSDT
Gate AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$39.34
- Price spread: −0.155% → −0.229%
- $7.39
- Slippage, 4 orders
- −$264.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$322.83
- Costs to cover
- 2.909%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 9 min ago; Gate: live order book, 10 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 Bybit live order book, 9 min ago | 3.94 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 9.84 bp | 73.7 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AVA | −0.1127% | 4h | 0.2570 | −0.132% | $8K | $9K | — | as long as short |
| Binance AVAUSDT | −0.0986% | 4h | 0.2572 | −0.040% | $3.7M | $11.0M | 25x | as long as short |
| MEXC AVA_USDT | −0.0984% | 4h | 0.2573 | 0.000% | $383K | $184K | 50x | as long as short |
| Gate AVA_USDTshort | −0.0982% | 4h | 0.2569 | −0.155% | $312K | $252K | 20x | |
| Bitget AVAUSDT | −0.0850% | 4h | 0.2575 | +0.078% | $419K | $913K | 25x | as long as short |
| Bybit AVAUSDTlong | −0.0795% | 4h | 0.2573 | long leg | $1.3M | $1.2M | 5x | |
| Aster AVAUSDT | −0.0735% | 1h | 0.2575 | +0.073% | $9K | $53K | 5x | as long as short |
| BingX AVA-USDT | −0.0610% | 4h | 0.2570 | −0.117% | — | $1.7M | — | as long as short |
| KuCoin AVAUSDTM | −0.0538% | 4h | 0.2565 | −0.311% | $740K | $105K | 30x | as long as short |
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
Aster AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM