Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against Gate−0.035%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.035%, 7d avg −0.014%
=Funding pays, the price is against you. Bitget is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.014%). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AVAX_USDT | 11.285 | 0.0054 | pay 0.0054% / 8h | 2h 16m | $12.7M | $40.3M | 75x |
| Short | Bitget AVAXUSDT | 11.281 | 0.0100 | get 0.0100% / 8h | 2h 16m | $34.8M | $61.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $9.66
- Price spread: −0.035% → −0.014%
- −$2.14
- Slippage, 4 orders
- −$20.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$39.74
- Costs to cover
- 0.473%
- Break-even
- 35.8 days
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 0.89 bp | 14.8 bp −$15 | 24.0 bp −$240 | 39.4 bp −$3,942 | 66.9 bp −$33.5K |
| Sell Bitget live order book, 2 min ago | 0.44 bp | 8.6 bp −$9 | 15.6 bp −$156 | 32.0 bp −$3,196 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.0113% | 8h | 11.284 | −0.010% | $2.9M | $2.1M | — | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0104% | 1h | 11.291 | +0.053% | $5.3M | $9.4M | 25x | as long as short |
| Nado AVAX-PERP | −0.0082% | 1h | 11.283 | −0.018% | $298K | $960K | 10x | as long as short |
| Injective AVAX/USDC PERP | −0.0043% | 1h | 11.240 | −0.399% | $17K | $152K | 12x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.291 | +0.057% | $99K | $115K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0004% | 1h | 11.293 | +0.067% | $16K | — | 150x | as long as short |
| Gate AVAX_USDTlong | +0.0054% | 8h | 11.285 | long leg | $12.7M | $40.3M | 75x | |
| Coinbase International AVAX-PERP-INTX | +0.0056% | 1h | 11.300 | +0.133% | $917K | $8.2M | 50x | as long as short |
| Extended AVAX-USD | +0.0064% | 1h | 11.282 | −0.030% | $672K | $2.2M | 25x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0076% | 8h | 11.279 | −0.053% | $20.1M | $148.6M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVAX_USDT | +0.0090% | 8h | 11.282 | −0.027% | $55.3M | $110.1M | 200x | as long as short |
| Binance AVAXUSDT | +0.0091% | 8h | 11.279 | −0.051% | $120.9M | $537.6M | 75x | as long as short |
| Phemex AVAXUSDT | +0.0092% | 8h | 11.288 | +0.027% | $30.2M | $4.9M | 50x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.284 | −0.007% | $1.3M | $3.2M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.282 | −0.027% | $10K | $704K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0097% | 8h | 11.282 | −0.030% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.288 | +0.025% | $2.3M | $1.9M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.287 | +0.018% | $300K | $121K | 10x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.281 | −0.035% | $90.0M | $155.4M | 75x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.288 | +0.027% | $16.1M | $24.5M | 75x | as long as short |
| Bitget AVAXUSDTshort | +0.0100% | 8h | 11.281 | −0.035% | $34.8M | $61.3M | 75x | |
| BingX AVAX-USDT | +0.0100% | 8h | 11.285 | 0.000% | — | $90.1M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.288 | +0.027% | $334K | $564K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.282 | −0.029% | $357K | $909K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.291 | +0.053% | $182K | $683K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.282 | −0.027% | $131K | $480K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.298 | +0.115% | $203K | $302K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.319 | +0.305% | $12K | $720K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.288 | +0.027% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.290 | +0.043% | $362K | $1.1M | 75x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.287 | +0.016% | $259K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0211% | 8h | 11.285 | 0.000% | $5.0M | $8.6M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.278 | −0.058% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0254% | 1h | 11.296 | +0.102% | $4.6M | $13.7M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0405% / S −0.0245% | 1h | 11.290 | +0.046% | $244K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0646% | 1h | 11.300 | +0.133% | $44.1M | $58.7M | 10x | as long as short |
Gate AVAX_USDT
Bitget AVAXUSDT
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
Injective AVAX/USDC PERP
gTrade (Gains Network) AVAX/USD
Coinbase International AVAX-PERP-INTX
Extended AVAX-USD
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
Binance AVAXUSDT
Phemex AVAXUSDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Bybit AVAXUSDT
KuCoin AVAXUSDTM
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
BloFin AVAX-USDT
Kraken Futures PF_AVAXUSD
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX