Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment −$1.44 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against Bitget−0.018%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.444% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.018%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.032% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AVAXUSDT | 11.124 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $33.7M | $56.3M | 75x |
| Short | Gate AVAX_USDT | 11.122 | −0.0044 | pay 0.0044% / 8h | 7h 43m | $12.2M | $38.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$30.24
- Price spread: −0.018% → +0.014%
- −$3.18
- Slippage, 4 orders
- −$17.42
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$77.84
- Costs to cover
- 0.444%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: 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 Bitget live order book, 5 min ago | 0.45 bp | 8.7 bp −$9 | 16.8 bp −$168 | 32.4 bp −$3,241 | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.80 bp | 16.3 bp −$16 | 23.4 bp −$234 | 38.4 bp −$3,843 | 65.4 bp −$32.7K |
AVAX on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1363% | 1h | 11.090 | −0.306% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0289% | 1h | 11.124 | 0.000% | $5.3M | $8.7M | 25x | as long as short |
| Gate AVAX_USDTshort | −0.0044% | 8h | 11.122 | −0.018% | $12.2M | $38.1M | 75x | |
| Nado AVAX-PERP | −0.0027% | 1h | 11.130 | +0.054% | $292K | $855K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.133 | +0.078% | $102K | $105K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.129 | +0.045% | $13K | — | 150x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.124 | +0.001% | $1.2M | $3.1M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.125 | +0.009% | $17K | $644K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.127 | +0.027% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.128 | +0.033% | $2.3M | $1.6M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 11.133 | +0.078% | $296K | $117K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.124 | 0.000% | $118.3M | $500.3M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.124 | 0.000% | $88.5M | $151.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.123 | −0.009% | $20.0M | $138.0M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.125 | +0.009% | $48.5M | $88.2M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.128 | +0.036% | $15.4M | $23.6M | 75x | as long as short |
| Bitget AVAXUSDTlong | +0.0100% | 8h | 11.124 | long leg | $33.7M | $56.3M | 75x | |
| BingX AVAX-USDT | +0.0100% | 8h | 11.124 | 0.000% | — | $86.4M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.125 | +0.009% | $356K | $564K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.125 | +0.007% | $2.9M | $2.4M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.120 | −0.038% | $358K | $863K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.129 | +0.045% | $179K | $689K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.126 | +0.018% | $131K | $440K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.135 | +0.099% | $194K | $311K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.155 | +0.274% | $12K | $732K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.124 | 0.000% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.127 | +0.022% | $359K | $966K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.123 | −0.009% | $29.9M | $4.9M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.122 | −0.017% | $666K | $2.1M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.122 | −0.017% | $255K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0216% | 1h | 11.128 | +0.034% | $4.3M | $12.9M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.131 | +0.063% | $5.0M | $6.7M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.122 | −0.019% | $1K | — | 20x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0304% | 1h | 11.136 | +0.108% | $904K | $7.2M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0260% | 1h | 11.128 | +0.036% | $248K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0660% | 1h | 11.141 | +0.153% | $43.5M | $53.7M | 10x | as long as short |
Bitget AVAXUSDT
Gate AVAX_USDT
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Kraken Futures PF_AVAXUSD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX