Funding you earn now, next payment 00:00 UTC+0.1096%/8h= +120.0% APRnext payment +$5.48 per $10,000 · paid last 24h +0.257%
Price spread now: BingX against Bybit−0.121%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1641.640% of the position
Funding, last 7 days+1.593%+$159 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.121%, 7d avg −0.179%
=Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and BingX is 0.058% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.179%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2484 | −0.2274 | get 0.1137% / 4h | 9m 33s | $1.3M | $1.2M | 5x |
| Short | BingX AVA-USDT | 0.2481 | −0.1178 | pay 0.0589% / 4h | 9m 33s | — | $1.5M | — |
Bybit AVAUSDT
BingX AVA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $230.09
- Price spread: −0.121% → −0.179%
- $5.82
- Slippage, 4 orders
- −$143
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $71.91
- Costs to cover
- 1.640%
- Break-even
- 4.8 days
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 7 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 Bybit live order book, 1 min ago | 4.03 bp | 60.1 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 6.03 bp | 21.1 bp −$21 | 76.3 bp −$763 | 610.7 bp −$61.1K | 966.6 bp −$483.3K |
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 AVAUSDTlong | −0.2274% | 4h | 0.2484 | long leg | $1.3M | $1.2M | 5x | |
| Bitget AVAUSDT | −0.1904% | 4h | 0.2482 | −0.081% | $381K | $880K | 25x | as long as short |
| Gate AVA_USDT | −0.1794% | 4h | 0.2480 | −0.161% | $272K | $224K | 20x | as long as short |
| Variational Omni AVA | −0.1777% | 4h | 0.2481 | −0.115% | $8K | $9K | — | as long as short |
| Binance AVAUSDT | −0.1691% | 4h | 0.2481 | −0.121% | $3.7M | $10.7M | 25x | as long as short |
| MEXC AVA_USDT | −0.1682% | 4h | 0.2476 | −0.322% | $397K | $182K | 50x | as long as short |
| Aster AVAUSDT | −0.1620% | 1h | 0.2484 | 0.000% | $12K | $44K | 5x | as long as short |
| BingX AVA-USDTshort | −0.1178% | 4h | 0.2481 | −0.121% | — | $1.5M | — | |
| KuCoin AVAUSDTM | −0.1144% | 4h | 0.2478 | −0.242% | $735K | $91K | 30x | as long as short |
Bitget AVAUSDT
Gate AVA_USDT
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
Aster AVAUSDT
KuCoin AVAUSDTM