Settings8H · net · $10k
Funding arb · Price arb /

AVA

all AVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Gate−0.515%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2042.045% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.654%+$165 on $10k
Price spread, last 7 days+0.466%+$47 · spread now −0.515%, 7d avg +0.048%
Together, before fees+2.120%+$212 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.563% cheaper against Gate than usual: you would sell low and buy high, −$56 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVA_USDT0.2522−0.1036get 0.0518% / 4h1h 21m$293K$218K20x
ShortBingX AVA-USDT0.2509−0.1038pay 0.0519% / 4h1h 21m$1.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.42
Price spread: −0.515% → +0.048%
−$56.3
Slippage, 4 orders
−$179.46
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$261.18
Costs to cover
2.045%
Break-even
never at this rate
Slippage from Gate: live order book, 36 min ago; BingX: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 36 min ago8.04 bp61.5 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago7.92 bp26.4 bp −$2691.8 bp −$918613.9 bp −$61.4K900.4 bp −$450.2K

AVA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit AVAUSDT−0.1824%4h0.2513−0.357%$1.3M$1.1M5xas long as short
Binance AVAUSDT−0.1786%4h0.2510−0.476%$3.7M$10.2M25xas long as short
MEXC AVA_USDT−0.1780%4h0.2513−0.357%$379K$183K50xas long as short
Aster AVAUSDT−0.1666%1h0.2510−0.469%$12K$48K5xas long as short
Variational Omni AVA−0.1633%4h0.2513−0.355%$8K$9Kas long as short
KuCoin AVAUSDTM−0.1486%4h0.2507−0.595%$728K$91K30xas long as short
Bitget AVAUSDT−0.1468%4h0.25220.000%$404K$855K25xas long as short
BingX AVA-USDTshort−0.1038%4h0.2509−0.515%$1.6M
Gate AVA_USDTlong−0.1036%4h0.2522long leg$293K$218K20x