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

AVA

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+1.692%+$169 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVA_USDT0.2576−0.0830get 0.0415% / 4h1h 59m$313K$251K20x
ShortKuCoin AVAUSDTM0.2573−0.0512pay 0.0256% / 4h1h 59m$731K$106K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 42 min ago9.84 bp74.7 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago11.80 bp95.5 bp −$96doesn't fitdoesn't fitdoesn't fit

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
Variational Omni AVA−0.0911%4h0.2565−0.445%$8K$9Kas long as short
MEXC AVA_USDT−0.0838%4h0.2574−0.078%$388K$178K50xas long as short
Gate AVA_USDTlong−0.0830%4h0.2576long leg$313K$251K20x
Binance AVAUSDT−0.0830%4h0.2582+0.233%$3.7M$11.2M25xas long as short
Bitget AVAUSDT−0.0748%4h0.2577+0.039%$429K$918K25xas long as short
Bybit AVAUSDT−0.0720%4h0.2586+0.388%$1.3M$1.2M5xas long as short
Aster AVAUSDT−0.0568%1h0.2584+0.297%$8K$53K5xas long as short
BingX AVA-USDT−0.0540%4h0.2583+0.272%$1.7Mas long as short
KuCoin AVAUSDTMshort−0.0512%4h0.2573−0.116%$731K$106K30x