AVA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h −0.102%

Price spread now: MEXC against Gate−0.041%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$190as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1831.826% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days−0.020%−$2 · spread now −0.041%, 7d avg −0.015%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.015%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.27 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	Gate AVA_USDT	0.2440	−0.1892	get 0.0946% / 4h	1h 23m	$269K	$252K	20x
Short	MEXC AVA_USDT	0.2439	−0.1638	pay 0.0819% / 4h	1h 23m	$386K	$183K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee GatebpFee MEXCbpOrdersPrice spread, now −0.041%Rate

Funding earned: $53.34
Price spread: −0.041% → −0.015%: −$2.62
Slippage, 4 orders: −$163.6
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$131.88
Costs to cover: 1.826%
Break-even: 24.3 days

Slippage from Gate: live order book, 54 min ago; MEXC: live order book, 51 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, 54 min ago	12.31 bp	70.3 bp −$70	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 51 min ago	4.10 bp	20.3 bp −$20	74.3 bp −$743	272.3 bp −$27.2K	629.8 bp −$314.9K

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	−0.2206%	4h	0.2441	+0.041%	$1.3M	$1.2M	5x	as long as short
Aster AVAUSDT	−0.1949%	1h	0.2439	−0.035%	$12K	$44K	5x	as long as short
Gate AVA_USDTlong	−0.1892%	4h	0.2440	long leg	$269K	$252K	20x
Variational Omni AVA	−0.1639%	4h	0.2442	+0.090%	$7K	$9K	—	as long as short
MEXC AVA_USDTshort	−0.1638%	4h	0.2439	−0.041%	$386K	$183K	50x
Bitget AVAUSDT	−0.1630%	4h	0.2436	−0.164%	$373K	$926K	25x	as long as short
Binance AVAUSDT	−0.1626%	4h	0.2439	−0.041%	$3.6M	$10.9M	25x	as long as short
BingX AVA-USDT	−0.1126%	4h	0.2441	+0.041%	—	$1.5M	—	as long as short
KuCoin AVAUSDTM	−0.0862%	4h	0.2436	−0.164%	$698K	$87K	30x	as long as short