Funding you earn now, next payment 08:00 UTC+0.0318%/8h= +34.8% APRnext payment +$1.59 per $10,000 · paid last 24h +0.232%
Price spread now: KuCoin against Gate−0.116%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$279as in the Funding arb table
Net, price: spread back to 7d avg − costs−$445as in the Price arb table
costs, in and out, $10k−$4374.372% of the position
Funding, last 7 days+1.584%+$158 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.116%, 7d avg −0.039%
=Funding pays, the price is against you. KuCoin is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.039%). If the spread goes back, that is −$8 on $10k: about 19 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+1.584% in total) that is about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AVA_USDT | 0.2576 | −0.0830 | get 0.0415% / 4h | 1h 59m | $313K | $251K | 20x |
| Short | KuCoin AVAUSDTM | 0.2573 | −0.0512 | pay 0.0256% / 4h | 1h 59m | $731K | $106K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $66.78
- Price spread: −0.116% → −0.039%
- −$7.72
- Slippage, 4 orders
- −$410.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$378.18
- Costs to cover
- 4.372%
- Break-even
- 46.6 days
Slippage from Gate: live order book, 42 min ago; KuCoin: 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 Gate live order book, 42 min ago | 9.84 bp | 74.7 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 11.80 bp | 95.5 bp −$96 | 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 | −0.0911% | 4h | 0.2565 | −0.445% | $8K | $9K | — | as long as short |
| MEXC AVA_USDT | −0.0838% | 4h | 0.2574 | −0.078% | $388K | $178K | 50x | as long as short |
| Gate AVA_USDTlong | −0.0830% | 4h | 0.2576 | long leg | $313K | $251K | 20x | |
| Binance AVAUSDT | −0.0830% | 4h | 0.2582 | +0.233% | $3.7M | $11.2M | 25x | as long as short |
| Bitget AVAUSDT | −0.0748% | 4h | 0.2577 | +0.039% | $429K | $918K | 25x | as long as short |
| Bybit AVAUSDT | −0.0720% | 4h | 0.2586 | +0.388% | $1.3M | $1.2M | 5x | as long as short |
| Aster AVAUSDT | −0.0568% | 1h | 0.2584 | +0.297% | $8K | $53K | 5x | as long as short |
| BingX AVA-USDT | −0.0540% | 4h | 0.2583 | +0.272% | — | $1.7M | — | as long as short |
| KuCoin AVAUSDTMshort | −0.0512% | 4h | 0.2573 | −0.116% | $731K | $106K | 30x |
Gate AVA_USDT
KuCoin AVAUSDTM
Variational Omni AVA
MEXC AVA_USDT
Binance AVAUSDT
Bitget AVAUSDT
Bybit AVAUSDT
Aster AVAUSDT
BingX AVA-USDT