Funding you earn now, next payment 04:00 UTC−0.0819%/8h= −89.6% APRnext payment −$4.09 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Binance−0.260%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$826as in the Funding arb table
Net, price: spread back to 7d avg − costs−$825as in the Price arb table
costs, in and out, $10k−$8118.113% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.260%, 7d avg −0.124%
=Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Gate is 0.136% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.124%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.09 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 | Binance AVAAIUSDT | 0.01120 | 0.1053 | pay 0.0526% / 4h | 30m 25s | $3.9M | $2.9M | 20x |
| Short | Gate AVAAI_USDT | 0.01117 | 0.0234 | get 0.0117% / 4h | 30m 25s | $631K | $149K | 20x |
Binance AVAAIUSDT
Gate AVAAI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$171.91
- Price spread: −0.260% → −0.124%
- −$13.62
- Slippage, 4 orders
- −$786.28
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$996.81
- Costs to cover
- 8.113%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 26 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 Binance live order book, 6 min ago | 0.45 bp | 48.9 bp −$49 | 572.8 bp −$5,728 | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 14.27 bp | 399.3 bp −$399 | doesn't fit | doesn't fit | doesn't fit |
AVAAI on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVAAIUSDTM | +0.0112% | 4h | 0.01116 | −0.367% | $468K | $87K | 20x | as long as short |
| Gate AVAAI_USDTshort | +0.0234% | 4h | 0.01117 | −0.260% | $631K | $149K | 20x | |
| Bybit AVAAIUSDT | +0.0604% | 4h | 0.01122 | +0.142% | $1.3M | $481K | 20x | as long as short |
| BingX AVAAI-USDT | +0.0918% | 4h | 0.01120 | +0.008% | — | $178K | — | as long as short |
| BloFin AVAAI-USDT | +0.0988% | 4h | 0.01119 | −0.064% | $192K | $5K | 20x | as long as short |
| MEXC AVAAI_USDT | +0.1022% | 4h | 0.01120 | −0.055% | $198K | $113K | 100x | as long as short |
| Binance AVAAIUSDTlong | +0.1053% | 4h | 0.01120 | long leg | $3.9M | $2.9M | 20x | |
| Aster AVAAIUSDT | +0.1106% | 4h | 0.01115 | −0.492% | $37K | $14K | 5x | as long as short |
KuCoin AVAAIUSDTM
Bybit AVAAIUSDT
BingX AVAAI-USDT
BloFin AVAAI-USDT
MEXC AVAAI_USDT
Aster AVAAIUSDT