Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.29 per $10,000 · paid last 24h +0.212%
Price spread now: Gate against Bybit−0.041%7-day average −0.223% · you buy dearer than you sell
Net, funding: paid 7d − costs−$334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$3313.310% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now −0.041%, 7d avg −0.223%
=The price spread pays, funding is against you. Gate is 0.182% dearer against Bybit than usual: you sell high and buy low (spread −0.041% now, against its 7-day average of −0.223%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 7 days (−0.030% in total) that is about 43 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2454 | −0.2459 | get 0.1229% / 4h | 2h 24m | $1.3M | $1.2M | 5x |
| Short | Gate AVA_USDT | 0.2453 | −0.2516 | pay 0.1258% / 4h | 2h 24m | $273K | $248K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$12.07
- Price spread: −0.041% → −0.223%
- $18.19
- Slippage, 4 orders
- −$305.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$324.9
- Costs to cover
- 3.310%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 59 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 Bybit live order book, 1 min ago | 4.08 bp | 92.1 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 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 | −0.2516% | 4h | 0.2453 | −0.041% | $273K | $248K | 20x | |
| Bybit AVAUSDTlong | −0.2459% | 4h | 0.2454 | long leg | $1.3M | $1.2M | 5x | |
| Aster AVAUSDT | −0.1669% | 1h | 0.2456 | +0.083% | $12K | $46K | 5x | as long as short |
| Variational Omni AVA | −0.1623% | 4h | 0.2451 | −0.126% | $9K | $7K | — | as long as short |
| Binance AVAUSDT | −0.1363% | 4h | 0.2452 | −0.081% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1354% | 4h | 0.2453 | −0.041% | $391K | $182K | 50x | as long as short |
| Bitget AVAUSDT | −0.1166% | 4h | 0.2450 | −0.163% | $368K | $929K | 25x | as long as short |
| BingX AVA-USDT | −0.0798% | 4h | 0.2453 | −0.041% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0746% | 4h | 0.2451 | −0.122% | $703K | $87K | 30x | as long as short |
Bybit AVAUSDT
Gate AVA_USDT
Aster AVAUSDT
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM