Funding you earn now, next payment 04:00 UTC−0.0738%/8h= −80.8% APRnext payment −$3.69 per $10,000 · paid last 24h −0.132%
Price spread now: Binance against BingX−0.039%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.091% of the position
Funding, last 7 days−1.711%−$171 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.039%, 7d avg −0.071%
=The price spread pays, funding is against you. Binance is 0.032% dearer against BingX than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.071%): +$3 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVA-USDT | 0.2540 | −0.0920 | get 0.0460% / 4h | 54m 36s | — | $1.6M | — |
| Short | Binance AVAUSDT | 0.2539 | −0.1658 | pay 0.0829% / 4h | 54m 36s | $3.7M | $10.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$155.05
- Price spread: −0.039% → −0.071%
- $3.2
- Slippage, 4 orders
- −$89.11
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$260.97
- Costs to cover
- 1.091%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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 BingX live order book, 6 min ago | 5.97 bp | 24.5 bp −$24 | 88.6 bp −$886 | 670.9 bp −$67.1K | 903.4 bp −$451.7K |
| Sell Binance live order book, 15 min ago | 2.00 bp | 31.3 bp −$31 | 105.0 bp −$1,050 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVA_USDT | −0.1674% | 4h | 0.2537 | −0.118% | $381K | $178K | 50x | as long as short |
| Bybit AVAUSDT | −0.1665% | 4h | 0.2542 | +0.079% | $1.3M | $1.1M | 5x | as long as short |
| Binance AVAUSDTshort | −0.1658% | 4h | 0.2539 | −0.039% | $3.7M | $10.3M | 25x | |
| Variational Omni AVA | −0.1555% | 4h | 0.2531 | −0.371% | $8K | $9K | — | as long as short |
| Aster AVAUSDT | −0.1483% | 1h | 0.2538 | −0.086% | $12K | $51K | 5x | as long as short |
| KuCoin AVAUSDTM | −0.1388% | 4h | 0.2536 | −0.157% | $736K | $92K | 30x | as long as short |
| Bitget AVAUSDT | −0.1260% | 4h | 0.2536 | −0.157% | $400K | $872K | 25x | as long as short |
| Gate AVA_USDT | −0.0930% | 4h | 0.2538 | −0.079% | $296K | $221K | 20x | as long as short |
| BingX AVA-USDTlong | −0.0920% | 4h | 0.2540 | long leg | — | $1.6M | — |
BingX AVA-USDT
Binance AVAUSDT
MEXC AVA_USDT
Bybit AVAUSDT
Variational Omni AVA
Aster AVAUSDT
KuCoin AVAUSDTM
Bitget AVAUSDT
Gate AVA_USDT