Settings8H · net · $10k
Funding arb · Price arb /

AVA

all AVA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0078%/8h= −8.5% APRnext payment $0.39 per $10,000 · paid last 24h −0.015%
Price spread now: MEXC against Bitget+0.206%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1161.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.504%−$50 on $10k
Price spread, last 7 days−0.306%−$31 · spread now +0.206%, 7d avg +0.005%
Together, before fees−0.810%−$81 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.201% dearer against Bitget than usual: you sell high and buy low (spread +0.206% now, against its 7-day average of +0.005%): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.6 days. At the pace of the last 7 days (−0.504% in total) that is about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AVAUSDT0.2427−0.1502get 0.0751% / 4h1h 40m$372K$921K25x
ShortMEXC AVA_USDT0.2432−0.1580pay 0.0790% / 4h1h 40m$382K$181K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$16.38
Price spread: +0.206% → +0.005%
$20.08
Slippage, 4 orders
−$99.52
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$111.81
Costs to cover
1.155%
Break-even
never at this rate
Slippage from Bitget: live order book, 40 min ago; MEXC: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 40 min ago6.14 bp28.6 bp −$29207.9 bp −$2,079doesn't fitdoesn't fit
Sell MEXC live order book, 33 min ago4.10 bp20.3 bp −$2074.3 bp −$743272.3 bp −$27.2K629.8 bp −$314.9K

AVA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit AVAUSDT−0.2489%4h0.2432+0.206%$1.3M$1.2M5xas long as short
Gate AVA_USDT−0.1980%4h0.2429+0.082%$269K$251K20xas long as short
Aster AVAUSDT−0.1960%1h0.2429+0.066%$12K$44K5xas long as short
Variational Omni AVA−0.1639%4h0.2443+0.670%$9K$7Kas long as short
Binance AVAUSDT−0.1599%4h0.2430+0.124%$3.5M$10.9M25xas long as short
MEXC AVA_USDTshort−0.1580%4h0.2432+0.206%$382K$181K50x
Bitget AVAUSDTlong−0.1502%4h0.2427long leg$372K$921K25x
BingX AVA-USDT−0.1024%4h0.2430+0.124%$1.5Mas long as short
KuCoin AVAUSDTM−0.0822%4h0.2425−0.082%$695K$87K30xas long as short