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

AVA

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0428%/8h= −46.8% APRnext payment $2.14 per $10,000 · paid last 24h −0.423%
Price spread now: Bybit against KuCoin+0.589%7-day average +0.268% · you sell dearer than you buy
Net, funding: paid 7d − costs−$616as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4534.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.626%−$163 on $10k
Price spread, last 7 days−0.599%−$60 · spread now +0.589%, 7d avg +0.268%
Together, before fees−2.226%−$223 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.321% dearer against KuCoin than usual: you sell high and buy low (spread +0.589% now, against its 7-day average of +0.268%): +$32 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AVAUSDTM0.2547−0.0544get 0.0272% / 4h2h 37m$735K$105K30x
ShortBybit AVAUSDT0.2562−0.0972pay 0.0486% / 4h2h 37m$1.3M$1.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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
−$89.8
Price spread: +0.589% → +0.268%
$32.12
Slippage, 4 orders
−$430.31
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$510.99
Costs to cover
4.533%
Break-even
never at this rate
Slippage from KuCoin: live order book, 36 min ago; Bybit: live order book, 3 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 KuCoin live order book, 36 min ago19.65 bp157.6 bp −$158doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago3.94 bp63.9 bp −$64doesn't fitdoesn't fitdoesn't fit

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
Variational Omni AVA−0.1172%4h0.2536−0.428%$8K$9Kas long as short
MEXC AVA_USDT−0.1042%4h0.2555+0.314%$388K$183K50xas long as short
Binance AVAUSDT−0.1036%4h0.2560+0.518%$3.7M$11.0M25xas long as short
Gate AVA_USDT−0.0996%4h0.2555+0.314%$310K$251K20xas long as short
Bybit AVAUSDTshort−0.0972%4h0.2562+0.589%$1.3M$1.2M5x
Bitget AVAUSDT−0.0884%4h0.2558+0.432%$422K$906K25xas long as short
Aster AVAUSDT−0.0796%1h0.2560+0.524%$9K$53K5xas long as short
BingX AVA-USDT−0.0624%4h0.2559+0.471%$1.7Mas long as short
KuCoin AVAUSDTMlong−0.0544%4h0.2547long leg$735K$105K30x