Funding you earn now, next payment 00:00 UTC+0.0398%/8h= +43.5% APRnext payment +$1.99 per $10,000 · paid last 24h +0.125%
Price spread now: Bitget against Bybit−0.161%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$198as in the Price arb table
costs, in and out, $10k−$2072.065% of the position
Funding, last 7 days+0.405%+$41 on $10k
+Price spread, last 7 days+0.321%+$32 · spread now −0.161%, 7d avg −0.243%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bitget is 0.082% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.243%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2486 | −0.2314 | get 0.1157% / 4h | 12m 00s | $1.3M | $1.2M | 5x |
| Short | Bitget AVAUSDT | 0.2482 | −0.1916 | pay 0.0958% / 4h | 12m 00s | $381K | $884K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $83.51
- Price spread: −0.161% → −0.243%
- $8.23
- Slippage, 4 orders
- −$183.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$114.77
- Costs to cover
- 2.065%
- Break-even
- 16.6 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 64 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, 4 min ago | 2.01 bp | 72.2 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 64 min ago | 4.12 bp | 33.1 bp −$33 | 125.5 bp −$1,255 | 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 AVAUSDTlong | −0.2314% | 4h | 0.2486 | long leg | $1.3M | $1.2M | 5x | |
| Bitget AVAUSDTshort | −0.1916% | 4h | 0.2482 | −0.161% | $381K | $884K | 25x | |
| Variational Omni AVA | −0.1795% | 4h | 0.2489 | +0.126% | $8K | $9K | — | as long as short |
| Gate AVA_USDT | −0.1766% | 4h | 0.2482 | −0.161% | $273K | $224K | 20x | as long as short |
| Binance AVAUSDT | −0.1691% | 4h | 0.2481 | −0.186% | $3.6M | $10.7M | 25x | as long as short |
| MEXC AVA_USDT | −0.1682% | 4h | 0.2481 | −0.201% | $398K | $182K | 50x | as long as short |
| Aster AVAUSDT | −0.1588% | 1h | 0.2484 | −0.080% | $12K | $44K | 5x | as long as short |
| BingX AVA-USDT | −0.1166% | 4h | 0.2481 | −0.201% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.1122% | 4h | 0.2477 | −0.362% | $735K | $92K | 30x | as long as short |
Bybit AVAUSDT
Bitget AVAUSDT
Variational Omni AVA
Gate AVA_USDT
Binance AVAUSDT
MEXC AVA_USDT
Aster AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM