Funding you earn now, next payment 00:00 UTC−0.0372%/8h= −40.7% APRnext payment −$1.86 per $10,000 · paid last 24h +0.100%
Price spread now: Gate against Binance−0.151%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1891.892% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days+0.221%+$22 · spread now −0.151%, 7d avg +0.024%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Gate is 0.175% cheaper against Binance than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.86 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 | Binance AVAUSDT | 0.2429 | −0.1652 | get 0.0826% / 4h | 1h 33m | $3.5M | $10.9M | 25x |
| Short | Gate AVA_USDT | 0.2425 | −0.2024 | pay 0.1012% / 4h | 1h 33m | $269K | $252K | 20x |
Binance AVAUSDT
Gate AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$78.11
- Price spread: −0.151% → +0.024%
- −$17.52
- Slippage, 4 orders
- −$164.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$284.86
- Costs to cover
- 1.892%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Gate: live order book, 43 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 Binance live order book, 6 min ago | 2.06 bp | 21.6 bp −$22 | 109.5 bp −$1,095 | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 12.31 bp | 71.4 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAUSDT | −0.2418% | 4h | 0.2430 | +0.055% | $1.3M | $1.2M | 5x | as long as short |
| Aster AVAUSDT | −0.2069% | 1h | 0.2425 | −0.150% | $12K | $44K | 5x | as long as short |
| Gate AVA_USDTshort | −0.2024% | 4h | 0.2425 | −0.151% | $269K | $252K | 20x | |
| Variational Omni AVA | −0.1708% | 4h | 0.2430 | +0.064% | $7K | $9K | — | as long as short |
| Binance AVAUSDTlong | −0.1652% | 4h | 0.2429 | long leg | $3.5M | $10.9M | 25x | |
| MEXC AVA_USDT | −0.1644% | 4h | 0.2427 | −0.068% | $385K | $182K | 50x | as long as short |
| Bitget AVAUSDT | −0.1562% | 4h | 0.2424 | −0.192% | $373K | $924K | 25x | as long as short |
| BingX AVA-USDT | −0.1054% | 4h | 0.2429 | +0.014% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0892% | 4h | 0.2421 | −0.315% | $694K | $87K | 30x | as long as short |
Bybit AVAUSDT
Aster AVAUSDT
Variational Omni AVA
MEXC AVA_USDT
Bitget AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM