Funding you earn now, next payment 00:00 UTC+0.0222%/8h= +24.3% APRnext payment +$1.11 per $10,000 · paid last 24h −0.102%
Price spread now: MEXC against Gate−0.041%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1831.826% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.041%, 7d avg −0.015%
=Funding pays, the price is against you. MEXC is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.015%). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.069%, 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 -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.11 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 | 0.2435 | −0.1856 | get 0.0928% / 4h | 1h 16m | $269K | $253K | 20x |
| Short | MEXC AVA_USDT | 0.2434 | −0.1634 | pay 0.0817% / 4h | 1h 16m | $393K | $184K | 50x |
Gate AVA_USDT
MEXC AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $46.62
- Price spread: −0.041% → −0.015%
- −$2.63
- Slippage, 4 orders
- −$163.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$138.61
- Costs to cover
- 1.826%
- Break-even
- 27.8 days
Slippage from Gate: live order book, 61 min ago; MEXC: live order book, 58 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, 61 min ago | 12.31 bp | 70.3 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 58 min ago | 4.10 bp | 20.3 bp −$20 | 74.3 bp −$743 | 272.3 bp −$27.2K | 629.8 bp −$314.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAUSDT | −0.2202% | 4h | 0.2436 | +0.041% | $1.3M | $1.2M | 5x | as long as short |
| Aster AVAUSDT | −0.1874% | 1h | 0.2434 | −0.056% | $12K | $44K | 5x | as long as short |
| Gate AVA_USDTlong | −0.1856% | 4h | 0.2435 | long leg | $269K | $253K | 20x | |
| Bitget AVAUSDT | −0.1680% | 4h | 0.2431 | −0.164% | $372K | $922K | 25x | as long as short |
| Binance AVAUSDT | −0.1635% | 4h | 0.2432 | −0.128% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDTshort | −0.1634% | 4h | 0.2434 | −0.041% | $393K | $184K | 50x | |
| Variational Omni AVA | −0.1599% | 4h | 0.2441 | +0.254% | $8K | $9K | — | as long as short |
| BingX AVA-USDT | −0.1140% | 4h | 0.2436 | +0.041% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0844% | 4h | 0.2432 | −0.123% | $699K | $88K | 30x | as long as short |
Bybit AVAUSDT
Aster AVAUSDT
Bitget AVAUSDT
Binance AVAUSDT
Variational Omni AVA
BingX AVA-USDT
KuCoin AVAUSDTM