Funding you earn now, next payment 04:00 UTC+0.0215%/8h= +23.6% APRnext payment +$1.08 per $10,000 · paid last 24h +0.137%
Price spread now: MEXC against Bybit+0.157%7-day average −0.243% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1721.725% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days−0.093%−$9 · spread now +0.157%, 7d avg −0.243%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.400% dearer against Bybit than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of −0.243%. Mind the row above: over the last 7 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.08 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2548 | −0.1699 | get 0.0850% / 4h | 1m 39s | $1.3M | $1.1M | 5x |
| Short | MEXC AVA_USDT | 0.2552 | −0.1484 | pay 0.0742% / 4h | 1m 39s | $399K | $186K | 50x |
Bybit AVAUSDT
MEXC AVA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $45.22
- Price spread: +0.157% → −0.243%
- $40.03
- Slippage, 4 orders
- −$157.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$87.25
- Costs to cover
- 1.725%
- Break-even
- 20.5 days
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 39 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 | 5.89 bp | 73.5 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 39 min ago | 1.97 bp | 13.0 bp −$13 | 87.2 bp −$872 | 272.5 bp −$27.2K | 533.7 bp −$266.8K |
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 | −0.1699% | 4h | 0.2548 | long leg | $1.3M | $1.1M | 5x | |
| Variational Omni AVA | −0.1560% | 4h | 0.2544 | −0.174% | $8K | $9K | — | as long as short |
| MEXC AVA_USDTshort | −0.1484% | 4h | 0.2552 | +0.157% | $399K | $186K | 50x | |
| Binance AVAUSDT | −0.1466% | 4h | 0.2549 | +0.050% | $3.7M | $10.7M | 25x | as long as short |
| Aster AVAUSDT | −0.1316% | 1h | 0.2553 | +0.196% | $9K | $53K | 5x | as long as short |
| Bitget AVAUSDT | −0.1042% | 4h | 0.2550 | +0.078% | $430K | $889K | 25x | as long as short |
| KuCoin AVAUSDTM | −0.0948% | 4h | 0.2545 | −0.118% | $738K | $94K | 30x | as long as short |
| BingX AVA-USDT | −0.0754% | 4h | 0.2552 | +0.157% | — | $1.6M | — | as long as short |
| Gate AVA_USDT | −0.0634% | 4h | 0.2552 | +0.157% | $319K | $245K | 20x | as long as short |
Variational Omni AVA
Binance AVAUSDT
Aster AVAUSDT
Bitget AVAUSDT
KuCoin AVAUSDTM
BingX AVA-USDT
Gate AVA_USDT