Funding you earn now, next payment 00:00 UTC+0.0809%/8h= +88.5% APRnext payment +$4.04 per $10,000 · paid last 24h +0.476%
Price spread now: KuCoin against Binance−0.286%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$343as in the Price arb table
costs, in and out, $10k−$3153.147% of the position
Funding, last 7 days+1.633%+$163 on $10k
+Price spread, last 7 days+0.386%+$39 · spread now −0.286%, 7d avg −0.002%
=Funding pays, the price is against you. KuCoin is 0.284% cheaper against Binance than usual: you would sell low and buy high (spread −0.286% now, against its 7-day average of −0.002%). If the spread goes back, that is −$28 on $10k: about 28 hours of funding at the current rate (+$24 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAUSDT | 0.2446 | −0.1645 | get 0.0822% / 4h | 1h 10m | $3.6M | $10.9M | 25x |
| Short | KuCoin AVAUSDTM | 0.2439 | −0.0836 | pay 0.0418% / 4h | 1h 10m | $700K | $88K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $169.82
- Price spread: −0.286% → −0.002%
- −$28.41
- Slippage, 4 orders
- −$292.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$173.25
- Costs to cover
- 3.147%
- Break-even
- 14.1 days
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 63 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, 15 min ago | 2.05 bp | 21.0 bp −$21 | 114.6 bp −$1,146 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 63 min ago | 14.34 bp | 137.8 bp −$138 | 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 | −0.2235% | 4h | 0.2449 | +0.123% | $1.3M | $1.2M | 5x | as long as short |
| Aster AVAUSDT | −0.1883% | 1h | 0.2442 | −0.145% | $12K | $44K | 5x | as long as short |
| Gate AVA_USDT | −0.1806% | 4h | 0.2444 | −0.082% | $270K | $253K | 20x | as long as short |
| Bitget AVAUSDT | −0.1724% | 4h | 0.2439 | −0.286% | $373K | $921K | 25x | as long as short |
| MEXC AVA_USDT | −0.1650% | 4h | 0.2442 | −0.164% | $394K | $184K | 50x | as long as short |
| Binance AVAUSDTlong | −0.1645% | 4h | 0.2446 | long leg | $3.6M | $10.9M | 25x | |
| Variational Omni AVA | −0.1582% | 4h | 0.2445 | −0.034% | $8K | $9K | — | as long as short |
| BingX AVA-USDT | −0.1146% | 4h | 0.2445 | −0.041% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTMshort | −0.0836% | 4h | 0.2439 | −0.286% | $700K | $88K | 30x |
Binance AVAUSDT
KuCoin AVAUSDTM
Bybit AVAUSDT
Aster AVAUSDT
Gate AVA_USDT
Bitget AVAUSDT
MEXC AVA_USDT
Variational Omni AVA
BingX AVA-USDT