Funding you earn now, next payment 08:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.076%
Price spread now: Binance against Gate−0.046%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$651as in the Funding arb table
Net, price: spread back to 7d avg − costs−$686as in the Price arb table
costs, in and out, $10k−$6696.694% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.046%, 7d avg +0.123%
=Funding pays, the price is against you. Binance is 0.168% cheaper against Gate than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.123%). If the spread goes back, that is −$17 on $10k: about 41 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.186% in total) that is about 6.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.186% in total (about 9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.64 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 AVAAI_USDT | 0.01111 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $626K | $149K | 20x |
| Short | Binance AVAAIUSDT | 0.01110 | 0.0428 | get 0.0214% / 4h | 2h 43m | $3.9M | $2.8M | 20x |
Gate AVAAI_USDT
Binance AVAAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $68.88
- Price spread: −0.046% → +0.123%
- −$16.85
- Slippage, 4 orders
- −$644.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$617.39
- Costs to cover
- 6.694%
- Break-even
- 69.7 days
Slippage from Gate: live order book, 3 min ago; Binance: live order book, 8 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, 3 min ago | 13.48 bp | 272.4 bp −$272 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 1.80 bp | 45.6 bp −$46 | 402.2 bp −$4,022 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAAIUSDT | +0.0100% | 4h | 0.01112 | +0.126% | $1.3M | $452K | 20x | as long as short |
| Gate AVAAI_USDTlong | +0.0100% | 4h | 0.01111 | long leg | $626K | $149K | 20x | |
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01110 | −0.045% | $460K | $84K | 20x | as long as short |
| BingX AVAAI-USDT | +0.0408% | 4h | 0.01111 | +0.009% | — | $191K | — | as long as short |
| Binance AVAAIUSDTshort | +0.0428% | 4h | 0.01110 | −0.046% | $3.9M | $2.8M | 20x | |
| MEXC AVAAI_USDT | +0.0428% | 4h | 0.01110 | −0.081% | $197K | $109K | 100x | as long as short |
| BloFin AVAAI-USDT | +0.0440% | 4h | 0.01110 | −0.081% | $192K | $5K | 20x | as long as short |
| Aster AVAAIUSDT | +0.0504% | 4h | 0.01112 | +0.097% | $37K | $14K | 5x | as long as short |
Bybit AVAAIUSDT
KuCoin AVAAIUSDTM
BingX AVAAI-USDT
MEXC AVAAI_USDT
BloFin AVAAI-USDT
Aster AVAAIUSDT