Settings8H · net · $10k
Funding arb · Price arb /

AVA

all AVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0482%/8h= −52.8% APRnext payment $2.41 per $10,000 · paid last 24h +0.326%
Price spread now: KuCoin against Gate−0.234%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$482as in the Price arb table
costs, in and out, $10k−$4624.620% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.599%+$160 on $10k
Price spread, last 7 days+0.152%+$15 · spread now −0.234%, 7d avg −0.038%
Together, before fees+1.752%+$175 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.196% cheaper against Gate than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.599%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVA_USDT0.2568−0.0702get 0.0351% / 4h18m 57s$321K$244K20x
ShortKuCoin AVAUSDTM0.2562−0.1184pay 0.0592% / 4h18m 57s$741K$93K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$101.22
Price spread: −0.234% → −0.038%
−$19.56
Slippage, 4 orders
−$435.01
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$582.79
Costs to cover
4.620%
Break-even
never at this rate
Slippage from Gate: live order book, 33 min ago; KuCoin: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 33 min ago9.86 bp74.8 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, just now13.67 bp115.1 bp −$115doesn't fitdoesn't fitdoesn't fit

AVA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit AVAUSDT−0.1691%4h0.2566−0.078%$1.3M$1.1M5xas long as short
Binance AVAUSDT−0.1554%4h0.2563−0.195%$3.7M$10.6M25xas long as short
MEXC AVA_USDT−0.1554%4h0.2564−0.156%$394K$183K50xas long as short
Variational Omni AVA−0.1540%4h0.2545−0.895%$8K$9Kas long as short
Aster AVAUSDT−0.1445%1h0.2563−0.190%$11K$53K5xas long as short
KuCoin AVAUSDTMshort−0.1184%4h0.2562−0.234%$741K$93K30x
Bitget AVAUSDT−0.1098%4h0.2561−0.273%$425K$887K25xas long as short
BingX AVA-USDT−0.0782%4h0.2566−0.078%$1.6Mas long as short
Gate AVA_USDTlong−0.0702%4h0.2568long leg$321K$244K20x