Funding you earn now, next payment 00:00 UTC+0.1526%/8h= +167.1% APRnext payment +$7.63 per $10,000 · paid last 24h +0.588%
Price spread now: KuCoin against Bybit−0.288%7-day average −0.251% · you buy dearer than you sell
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$409as in the Price arb table
costs, in and out, $10k−$4054.048% of the position
Funding, last 7 days+1.538%+$154 on $10k
+Price spread, last 7 days+0.409%+$41 · spread now −0.288%, 7d avg −0.251%
=Funding pays, the price is against you. KuCoin is 0.037% cheaper against Bybit than usual: you would sell low and buy high (spread −0.288% now, against its 7-day average of −0.251%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$46 a day). At the pace of the last 7 days (+1.538% in total) that is about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2429 | −0.2418 | get 0.1209% / 4h | 1h 33m | $1.3M | $1.2M | 5x |
| Short | KuCoin AVAUSDTM | 0.2422 | −0.0892 | pay 0.0446% / 4h | 1h 33m | $695K | $87K | 30x |
Bybit AVAUSDT
KuCoin AVAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $320.38
- Price spread: −0.288% → −0.251%
- −$3.73
- Slippage, 4 orders
- −$381.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$88.14
- Costs to cover
- 4.048%
- Break-even
- 8.9 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 40 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, 3 min ago | 2.06 bp | 70.1 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 40 min ago | 14.34 bp | 137.8 bp −$138 | 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 AVAUSDTlong | −0.2418% | 4h | 0.2429 | long leg | $1.3M | $1.2M | 5x | |
| Aster AVAUSDT | −0.2069% | 1h | 0.2425 | −0.157% | $12K | $44K | 5x | as long as short |
| Gate AVA_USDT | −0.2024% | 4h | 0.2425 | −0.165% | $269K | $252K | 20x | as long as short |
| Variational Omni AVA | −0.1708% | 4h | 0.2430 | +0.050% | $7K | $9K | — | as long as short |
| Binance AVAUSDT | −0.1652% | 4h | 0.2427 | −0.082% | $3.5M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1644% | 4h | 0.2427 | −0.082% | $385K | $182K | 50x | as long as short |
| Bitget AVAUSDT | −0.1562% | 4h | 0.2423 | −0.247% | $373K | $924K | 25x | as long as short |
| BingX AVA-USDT | −0.1054% | 4h | 0.2427 | −0.082% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTMshort | −0.0892% | 4h | 0.2422 | −0.288% | $695K | $87K | 30x |
Aster AVAUSDT
Gate AVA_USDT
Variational Omni AVA
Binance AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
BingX AVA-USDT