Funding you earn now, next payment 04:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Gate+0.295%7-day average +0.210% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,339as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,312as in the Price arb table
costs, in and out, $10k−$1,32013.203% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.295%, 7d avg +0.210%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.086% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.210%. Mind the row above: over the last 7 days funding on this pair cost −0.187%, 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 -0.187% in total (about -9.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.79 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 | 0.01117 | 0.0218 | pay 0.0109% / 4h | 31m 04s | $631K | $149K | 20x |
| Short | Bybit AVAAIUSDT | 0.01120 | 0.0576 | get 0.0288% / 4h | 31m 04s | $1.3M | $481K | 20x |
Gate AVAAI_USDT
Bybit AVAAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $75.21
- Price spread: +0.295% → +0.210%
- $8.58
- Slippage, 4 orders
- −$1,294.29
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,236.5
- Costs to cover
- 13.203%
- Break-even
- 122.1 days
Slippage from Gate: live order book, 25 min ago; Bybit: live order book, 5 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, 25 min ago | 14.27 bp | 310.5 bp −$311 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 8.94 bp | 313.4 bp −$313 | 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 | +0.0100% | 4h | 0.01116 | −0.090% | $468K | $87K | 20x | as long as short |
| Gate AVAAI_USDTlong | +0.0218% | 4h | 0.01117 | long leg | $631K | $149K | 20x | |
| Bybit AVAAIUSDTshort | +0.0576% | 4h | 0.01120 | +0.295% | $1.3M | $481K | 20x | |
| BingX AVAAI-USDT | +0.0918% | 4h | 0.01120 | +0.286% | — | $178K | — | as long as short |
| MEXC AVAAI_USDT | +0.0986% | 4h | 0.01119 | +0.206% | $198K | $113K | 100x | as long as short |
| BloFin AVAAI-USDT | +0.0988% | 4h | 0.01119 | +0.215% | $192K | $5K | 20x | as long as short |
| Binance AVAAIUSDT | +0.1023% | 4h | 0.01120 | +0.233% | $3.9M | $2.9M | 20x | as long as short |
| Aster AVAAIUSDT | +0.1073% | 4h | 0.01115 | −0.215% | $37K | $14K | 5x | as long as short |
KuCoin AVAAIUSDTM
BingX AVAAI-USDT
MEXC AVAAI_USDT
BloFin AVAAI-USDT
Binance AVAAIUSDT
Aster AVAAIUSDT