Funding you earn now, next payment 00:00 UTC−0.0474%/8h= −51.9% APRnext payment −$2.37 per $10,000 · paid last 24h −0.132%
Price spread now: Bitget against BingX−0.206%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$249as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1301.301% of the position
Funding, last 7 days−1.188%−$119 on $10k
+Price spread, last 7 days+0.345%+$35 · spread now −0.206%, 7d avg −0.064%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.141% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVA-USDT | 0.2429 | −0.1024 | get 0.0512% / 4h | 1h 41m | — | $1.5M | — |
| Short | Bitget AVAUSDT | 0.2424 | −0.1498 | pay 0.0749% / 4h | 1h 41m | $372K | $921K | 25x |
BingX AVA-USDT
Bitget AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$99.54
- Price spread: −0.206% → −0.064%
- −$14.14
- Slippage, 4 orders
- −$108.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$243.74
- Costs to cover
- 1.301%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 40 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 | 6.15 bp | 25.3 bp −$25 | 92.7 bp −$927 | 660.3 bp −$66.0K | 857.5 bp −$428.7K |
| Sell Bitget live order book, 40 min ago | 6.14 bp | 46.0 bp −$46 | 162.9 bp −$1,629 | 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 | −0.2498% | 4h | 0.2430 | +0.041% | $1.3M | $1.2M | 5x | as long as short |
| Gate AVA_USDT | −0.1982% | 4h | 0.2433 | +0.165% | $269K | $251K | 20x | as long as short |
| Aster AVAUSDT | −0.1936% | 1h | 0.2427 | −0.062% | $12K | $44K | 5x | as long as short |
| Variational Omni AVA | −0.1639% | 4h | 0.2443 | +0.587% | $9K | $7K | — | as long as short |
| Binance AVAUSDT | −0.1582% | 4h | 0.2426 | −0.112% | $3.5M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1568% | 4h | 0.2428 | −0.041% | $382K | $181K | 50x | as long as short |
| Bitget AVAUSDTshort | −0.1498% | 4h | 0.2424 | −0.206% | $372K | $921K | 25x | |
| BingX AVA-USDTlong | −0.1024% | 4h | 0.2429 | long leg | — | $1.5M | — | |
| KuCoin AVAUSDTM | −0.0822% | 4h | 0.2425 | −0.165% | $695K | $87K | 30x | as long as short |
Bybit AVAUSDT
Gate AVA_USDT
Aster AVAUSDT
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
KuCoin AVAUSDTM