Funding you earn now, next payment 00:00 UTC−0.1486%/8h= −162.7% APRnext payment −$7.43 per $10,000 · paid last 24h +0.086%
Price spread now: Gate against Bitget+0.325%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$262as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$2192.187% of the position
Funding, last 7 days−0.435%−$43 on $10k
+Price spread, last 7 days−0.415%−$41 · spread now +0.325%, 7d avg +0.018%
=The price spread pays, funding is against you. Gate is 0.308% dearer against Bitget than usual: you sell high and buy low (spread +0.325% now, against its 7-day average of +0.018%): +$31 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.435% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.435% in total (about -22.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.43 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 | Bitget AVAUSDT | 0.2458 | −0.1132 | get 0.0566% / 4h | 2h 31m | $367K | $928K | 25x |
| Short | Gate AVA_USDT | 0.2466 | −0.2618 | pay 0.1309% / 4h | 2h 31m | $274K | $248K | 20x |
Bitget AVAUSDT
Gate AVA_USDTFunding 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
- −$312.06
- Price spread: +0.325% → +0.018%
- $30.79
- Slippage, 4 orders
- −$191.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$499.97
- Costs to cover
- 2.187%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 54 min ago; Gate: live order book, 53 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, 54 min ago | 6.12 bp | 30.0 bp −$30 | 169.6 bp −$1,696 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 10.20 bp | 86.9 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
AVA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AVA_USDTshort | −0.2618% | 4h | 0.2466 | +0.325% | $274K | $248K | 20x | |
| Bybit AVAUSDT | −0.2503% | 4h | 0.2462 | +0.163% | $1.3M | $1.2M | 5x | as long as short |
| Variational Omni AVA | −0.1722% | 4h | 0.2461 | +0.119% | $9K | $7K | — | as long as short |
| Aster AVAUSDT | −0.1579% | 1h | 0.2464 | +0.225% | $12K | $46K | 5x | as long as short |
| Binance AVAUSDT | −0.1353% | 4h | 0.2460 | +0.081% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1348% | 4h | 0.2460 | +0.081% | $392K | $182K | 50x | as long as short |
| Bitget AVAUSDTlong | −0.1132% | 4h | 0.2458 | long leg | $367K | $928K | 25x | |
| BingX AVA-USDT | −0.0778% | 4h | 0.2460 | +0.081% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0752% | 4h | 0.2457 | −0.041% | $704K | $87K | 30x | as long as short |
Bybit AVAUSDT
Variational Omni AVA
Aster AVAUSDT
Binance AVAUSDT
MEXC AVA_USDT
BingX AVA-USDT
KuCoin AVAUSDTM