Funding you earn now, next payment 04:00 UTC−0.0766%/8h= −83.9% APRnext payment −$3.83 per $10,000 · paid last 24h −0.076%
Price spread now: Binance against Gate−0.638%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2012.009% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days+0.619%+$62 · spread now −0.638%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Binance is 0.614% cheaper against Gate than usual: you would sell low and buy high (−$61 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.83 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 | 0.2527 | −0.1070 | get 0.0535% / 4h | 1h 39m | $292K | $212K | 20x |
| Short | Binance AVAUSDT | 0.2511 | −0.1836 | pay 0.0918% / 4h | 1h 39m | $3.7M | $10.1M | 25x |
Gate AVA_USDT
Binance AVAUSDTFunding 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
- −$160.89
- Price spread: −0.638% → −0.024%
- −$61.43
- Slippage, 4 orders
- −$175.85
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$423.18
- Costs to cover
- 2.009%
- Break-even
- never at this rate
Slippage from Gate: live order book, 17 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, 17 min ago | 8.04 bp | 61.5 bp −$61 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 2.02 bp | 31.4 bp −$31 | 100.9 bp −$1,009 | 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 | −0.1900% | 4h | 0.2514 | −0.514% | $1.3M | $1.1M | 5x | as long as short |
| Binance AVAUSDTshort | −0.1836% | 4h | 0.2511 | −0.638% | $3.7M | $10.1M | 25x | |
| MEXC AVA_USDT | −0.1834% | 4h | 0.2514 | −0.514% | $385K | $180K | 50x | as long as short |
| Variational Omni AVA | −0.1673% | 4h | 0.2542 | +0.574% | $8K | $9K | — | as long as short |
| Bitget AVAUSDT | −0.1670% | 4h | 0.2514 | −0.514% | $388K | $856K | 25x | as long as short |
| KuCoin AVAUSDTM | −0.1574% | 4h | 0.2508 | −0.752% | $728K | $91K | 30x | as long as short |
| Aster AVAUSDT | −0.1460% | 1h | 0.2529 | +0.079% | $12K | $48K | 5x | as long as short |
| BingX AVA-USDT | −0.1196% | 4h | 0.2500 | −1.068% | — | $1.5M | — | as long as short |
| Gate AVA_USDTlong | −0.1070% | 4h | 0.2527 | long leg | $292K | $212K | 20x |
Bybit AVAUSDT
MEXC AVA_USDT
Variational Omni AVA
Bitget AVAUSDT
KuCoin AVAUSDTM
Aster AVAUSDT
BingX AVA-USDT