Funding you earn now, next payment 00:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.086%
Price spread now: Bitget against Gate−0.163%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$215as in the Price arb table
costs, in and out, $10k−$2012.010% of the position
Funding, last 7 days+0.435%+$43 on $10k
+Price spread, last 7 days+0.202%+$20 · spread now −0.163%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.143% cheaper against Gate than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.435%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AVA_USDT | 0.2447 | −0.1712 | get 0.0856% / 4h | 1h 03m | $270K | $253K | 20x |
| Short | Bitget AVAUSDT | 0.2443 | −0.1770 | pay 0.0885% / 4h | 1h 03m | $374K | $921K | 25x |
Gate AVA_USDT
Bitget AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$12.18
- Price spread: −0.163% → −0.021%
- −$14.27
- Slippage, 4 orders
- −$174
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$227.45
- Costs to cover
- 2.010%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; Bitget: live order book, 13 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 Gate live order book, 9 min ago | 4.09 bp | 58.8 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 4.12 bp | 33.1 bp −$33 | 125.5 bp −$1,255 | 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 | −0.2197% | 4h | 0.2449 | +0.082% | $1.3M | $1.2M | 5x | as long as short |
| Aster AVAUSDT | −0.1853% | 1h | 0.2444 | −0.106% | $12K | $44K | 5x | as long as short |
| Bitget AVAUSDTshort | −0.1770% | 4h | 0.2443 | −0.163% | $374K | $921K | 25x | |
| Gate AVA_USDTlong | −0.1712% | 4h | 0.2447 | long leg | $270K | $253K | 20x | |
| Binance AVAUSDT | −0.1633% | 4h | 0.2447 | −0.010% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1628% | 4h | 0.2447 | 0.000% | $395K | $185K | 50x | as long as short |
| Variational Omni AVA | −0.1600% | 4h | 0.2449 | +0.089% | $8K | $9K | — | as long as short |
| BingX AVA-USDT | −0.1150% | 4h | 0.2448 | +0.041% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0854% | 4h | 0.2443 | −0.163% | $727K | $96K | 30x | as long as short |
Bybit AVAUSDT
Aster AVAUSDT
Binance AVAUSDT
MEXC AVA_USDT
Variational Omni AVA
BingX AVA-USDT
KuCoin AVAUSDTM