Funding you earn now, next payment 00:00 UTC−0.0433%/8h= −47.4% APRnext payment −$2.16 per $10,000 · paid last 24h −0.125%
Price spread now: Bybit against Bitget+0.161%7-day average +0.243% · you sell dearer than you buy
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$1991.986% of the position
Funding, last 7 days−0.405%−$41 on $10k
+Price spread, last 7 days−0.322%−$32 · spread now +0.161%, 7d avg +0.243%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.082% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.243%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AVAUSDT | 0.2477 | −0.1926 | get 0.0963% / 4h | 37m 10s | $379K | $882K | 25x |
| Short | Bybit AVAUSDT | 0.2481 | −0.2359 | pay 0.1179% / 4h | 37m 10s | $1.3M | $1.2M | 5x |
Bitget AVAUSDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$90.9
- Price spread: +0.161% → +0.243%
- −$8.17
- Slippage, 4 orders
- −$175.59
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$297.65
- Costs to cover
- 1.986%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 39 min ago; Bybit: live order book, 4 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 Bitget live order book, 39 min ago | 4.12 bp | 34.4 bp −$34 | 130.1 bp −$1,301 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.02 bp | 63.9 bp −$64 | 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 AVAUSDTshort | −0.2359% | 4h | 0.2481 | +0.161% | $1.3M | $1.2M | 5x | |
| Bitget AVAUSDTlong | −0.1926% | 4h | 0.2477 | long leg | $379K | $882K | 25x | |
| Variational Omni AVA | −0.1773% | 4h | 0.2476 | −0.033% | $8K | $9K | — | as long as short |
| Binance AVAUSDT | −0.1662% | 4h | 0.2480 | +0.121% | $3.6M | $10.7M | 25x | as long as short |
| MEXC AVA_USDT | −0.1660% | 4h | 0.2479 | +0.081% | $403K | $177K | 50x | as long as short |
| Gate AVA_USDT | −0.1634% | 4h | 0.2481 | +0.161% | $275K | $221K | 20x | as long as short |
| Aster AVAUSDT | −0.1539% | 1h | 0.2482 | +0.211% | $12K | $44K | 5x | as long as short |
| BingX AVA-USDT | −0.1146% | 4h | 0.2482 | +0.202% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0926% | 4h | 0.2478 | +0.040% | $737K | $92K | 30x | as long as short |
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
Gate AVA_USDT
Aster AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM