Funding you earn now, next payment 00:00 UTC−0.1621%/8h= −177.5% APRnext payment −$8.11 per $10,000 · paid last 24h −0.257%
Price spread now: Bybit against BingX+0.081%7-day average +0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$349as in the Funding arb table
Net, price: spread back to 7d avg − costs−$200as in the Price arb table
costs, in and out, $10k−$1901.900% of the position
Funding, last 7 days−1.593%−$159 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.081%, 7d avg +0.177%
=Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Bybit is 0.096% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.177%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVA-USDT | 0.2454 | −0.0956 | get 0.0478% / 4h | 1h 55m | — | $1.5M | — |
| Short | Bybit AVAUSDT | 0.2456 | −0.2577 | pay 0.1289% / 4h | 1h 55m | $1.3M | $1.2M | 5x |
BingX AVA-USDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$340.48
- Price spread: +0.081% → +0.177%
- −$9.56
- Slippage, 4 orders
- −$168.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$540.02
- Costs to cover
- 1.900%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 6.13 bp | 21.4 bp −$21 | 97.7 bp −$977 | 651.9 bp −$65.2K | 853.9 bp −$427.0K |
| Sell Bybit live order book, 5 min ago | 4.09 bp | 70.4 bp −$70 | 406.9 bp −$4,069 | 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 AVAUSDTshort | −0.2577% | 4h | 0.2456 | +0.081% | $1.3M | $1.2M | 5x | |
| Gate AVA_USDT | −0.2148% | 4h | 0.2454 | 0.000% | $273K | $248K | 20x | as long as short |
| Aster AVAUSDT | −0.2001% | 1h | 0.2456 | +0.093% | $12K | $46K | 5x | as long as short |
| Variational Omni AVA | −0.1664% | 4h | 0.2445 | −0.371% | $9K | $7K | — | as long as short |
| Binance AVAUSDT | −0.1501% | 4h | 0.2452 | −0.081% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1490% | 4h | 0.2452 | −0.081% | $385K | $179K | 50x | as long as short |
| Bitget AVAUSDT | −0.1386% | 4h | 0.2448 | −0.244% | $369K | $923K | 25x | as long as short |
| BingX AVA-USDTlong | −0.0956% | 4h | 0.2454 | long leg | — | $1.5M | — | |
| KuCoin AVAUSDTM | −0.0772% | 4h | 0.2448 | −0.244% | $702K | $86K | 30x | as long as short |
Gate AVA_USDT
Aster AVAUSDT
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
KuCoin AVAUSDTM