Funding you earn now, next payment 00:00 UTC−0.1840%/8h= −201.5% APRnext payment −$9.20 per $10,000 · paid last 24h −0.045%
Price spread now: Gate against BingX+0.244%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$2072.072% of the position
Funding, last 7 days−1.622%−$162 on $10k
+Price spread, last 7 days−0.184%−$18 · spread now +0.244%, 7d avg −0.046%
=The price spread pays, funding is against you. Gate is 0.289% dearer against BingX than usual: you sell high and buy low (spread +0.244% now, against its 7-day average of −0.046%): +$29 on $10k if it goes back. Holding the pair costs −$55 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−1.622% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVA-USDT | 0.2460 | −0.0778 | get 0.0389% / 4h | 2h 31m | — | $1.5M | — |
| Short | Gate AVA_USDT | 0.2466 | −0.2618 | pay 0.1309% / 4h | 2h 31m | $274K | $248K | 20x |
BingX AVA-USDT
Gate AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$386.4
- Price spread: +0.244% → −0.046%
- $28.94
- Slippage, 4 orders
- −$182.17
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$564.63
- Costs to cover
- 2.072%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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 BingX live order book, 6 min ago | 6.10 bp | 28.9 bp −$29 | 101.1 bp −$1,011 | 654.4 bp −$65.4K | 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 | +0.244% | $274K | $248K | 20x | |
| Bybit AVAUSDT | −0.2503% | 4h | 0.2462 | +0.081% | $1.3M | $1.2M | 5x | as long as short |
| Variational Omni AVA | −0.1722% | 4h | 0.2461 | +0.037% | $9K | $7K | — | as long as short |
| Aster AVAUSDT | −0.1579% | 1h | 0.2464 | +0.144% | $12K | $46K | 5x | as long as short |
| Binance AVAUSDT | −0.1353% | 4h | 0.2460 | 0.000% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1348% | 4h | 0.2460 | 0.000% | $392K | $182K | 50x | as long as short |
| Bitget AVAUSDT | −0.1132% | 4h | 0.2458 | −0.081% | $367K | $928K | 25x | as long as short |
| BingX AVA-USDTlong | −0.0778% | 4h | 0.2460 | long leg | — | $1.5M | — | |
| KuCoin AVAUSDTM | −0.0752% | 4h | 0.2457 | −0.122% | $704K | $87K | 30x | as long as short |
Bybit AVAUSDT
Variational Omni AVA
Aster AVAUSDT
Binance AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
KuCoin AVAUSDTM