Funding you earn now, next payment 04:00 UTC−0.0326%/8h= −35.7% APRnext payment −$1.63 per $10,000 · paid last 24h −0.074%
Price spread now: Binance against Gate+0.086%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$201as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1951.953% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days−0.157%−$16 · spread now +0.086%, 7d avg −0.022%
=The price spread pays, funding is against you. Binance is 0.107% dearer against Gate than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of −0.022%): +$11 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.054% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.054% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.63 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 AVA_USDT | 0.2467 | −0.1570 | get 0.0785% / 4h | 3h 10m | $271K | $204K | 20x |
| Short | Binance AVAUSDT | 0.2469 | −0.1896 | pay 0.0948% / 4h | 3h 10m | $3.6M | $10.1M | 25x |
Funding 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
- −$68.45
- Price spread: +0.086% → −0.022%
- $10.75
- Slippage, 4 orders
- −$170.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$253.02
- Costs to cover
- 1.953%
- Break-even
- never at this rate
Slippage from Gate: live order book, 57 min ago; Binance: live order book, 15 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, 57 min ago | 8.09 bp | 74.5 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.05 bp | 25.5 bp −$26 | 96.8 bp −$968 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AVAUSDT | −0.2230% | 1h | 0.2469 | +0.067% | $12K | $44K | 5x | as long as short |
| MEXC AVA_USDT | −0.1918% | 4h | 0.2467 | 0.000% | $375K | $183K | 50x | as long as short |
| Binance AVAUSDTshort | −0.1896% | 4h | 0.2469 | +0.086% | $3.6M | $10.1M | 25x | |
| Bitget AVAUSDT | −0.1886% | 4h | 0.2469 | +0.081% | $379K | $835K | 25x | as long as short |
| Variational Omni AVA | −0.1582% | 4h | 0.2466 | −0.037% | $8K | $9K | — | as long as short |
| KuCoin AVAUSDTM | −0.1574% | 4h | 0.2462 | −0.203% | $718K | $93K | 30x | as long as short |
| Gate AVA_USDTlong | −0.1570% | 4h | 0.2467 | long leg | $271K | $204K | 20x | |
| Bybit AVAUSDT | −0.1008% | 4h | 0.2473 | +0.243% | $1.3M | $1.1M | 5x | as long as short |
| BingX AVA-USDT | −0.0826% | 4h | 0.2468 | +0.041% | — | $1.5M | — | as long as short |
Gate AVA_USDT
Binance AVAUSDT
Aster AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
Variational Omni AVA
KuCoin AVAUSDTM
Bybit AVAUSDT
BingX AVA-USDT