Funding you earn now, next payment 00:00 UTC−0.0386%/8h= −42.3% APRnext payment −$1.93 per $10,000 · paid last 24h +0.102%
Price spread now: Gate against MEXC−0.041%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1831.826% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.041%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Gate is 0.056% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.015%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
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 −$1.93 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 | MEXC AVA_USDT | 0.2431 | −0.1598 | get 0.0799% / 4h | 1h 39m | $382K | $181K | 50x |
| Short | Gate AVA_USDT | 0.2430 | −0.1984 | pay 0.0992% / 4h | 1h 39m | $269K | $251K | 20x |
MEXC AVA_USDT
Gate AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- −$81.06
- Price spread: −0.041% → +0.015%
- −$5.59
- Slippage, 4 orders
- −$163.6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$269.25
- Costs to cover
- 1.826%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 34 min ago; Gate: live order book, 37 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 MEXC live order book, 34 min ago | 4.10 bp | 20.6 bp −$21 | 93.1 bp −$931 | 274.7 bp −$27.5K | 643.8 bp −$321.9K |
| Sell Gate live order book, 37 min ago | 12.31 bp | 71.4 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAUSDT | −0.2489% | 4h | 0.2433 | +0.082% | $1.3M | $1.2M | 5x | as long as short |
| Gate AVA_USDTshort | −0.1984% | 4h | 0.2430 | −0.041% | $269K | $251K | 20x | |
| Aster AVAUSDT | −0.1960% | 1h | 0.2426 | −0.190% | $12K | $44K | 5x | as long as short |
| Variational Omni AVA | −0.1668% | 4h | 0.2430 | −0.032% | $7K | $9K | — | as long as short |
| Binance AVAUSDT | −0.1607% | 4h | 0.2430 | −0.043% | $3.5M | $10.9M | 25x | as long as short |
| MEXC AVA_USDTlong | −0.1598% | 4h | 0.2431 | long leg | $382K | $181K | 50x | |
| Bitget AVAUSDT | −0.1506% | 4h | 0.2425 | −0.247% | $372K | $921K | 25x | as long as short |
| BingX AVA-USDT | −0.1024% | 4h | 0.2432 | +0.041% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0828% | 4h | 0.2426 | −0.206% | $696K | $87K | 30x | as long as short |
Bybit AVAUSDT
Aster AVAUSDT
Variational Omni AVA
Binance AVAUSDT
Bitget AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM