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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVAUSDTM | 0.2547 | −0.0544 | get 0.0272% / 4h | 2h 37m | $735K | $105K | 30x |
| Short | Bybit AVAUSDT | 0.2562 | −0.0972 | pay 0.0486% / 4h | 2h 37m | $1.3M | $1.2M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 36 min ago | 19.65 bp | 157.6 bp −$158 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.94 bp | 63.9 bp −$64 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AVA | −0.1172% | 4h | 0.2536 | −0.428% | $8K | $9K | — | as long as short |
| MEXC AVA_USDT | −0.1042% | 4h | 0.2555 | +0.314% | $388K | $183K | 50x | as long as short |
| Binance AVAUSDT | −0.1036% | 4h | 0.2560 | +0.518% | $3.7M | $11.0M | 25x | as long as short |
| Gate AVA_USDT | −0.0996% | 4h | 0.2555 | +0.314% | $310K | $251K | 20x | as long as short |
| Bybit AVAUSDTshort | −0.0972% | 4h | 0.2562 | +0.589% | $1.3M | $1.2M | 5x | |
| Bitget AVAUSDT | −0.0884% | 4h | 0.2558 | +0.432% | $422K | $906K | 25x | as long as short |
| Aster AVAUSDT | −0.0796% | 1h | 0.2560 | +0.524% | $9K | $53K | 5x | as long as short |
| BingX AVA-USDT | −0.0624% | 4h | 0.2559 | +0.471% | — | $1.7M | — | as long as short |
| KuCoin AVAUSDTMlong | −0.0544% | 4h | 0.2547 | long leg | $735K | $105K | 30x |
KuCoin AVAUSDTM
Bybit AVAUSDT
Variational Omni AVA
MEXC AVA_USDT
Binance AVAUSDT
Gate AVA_USDT
Bitget AVAUSDT
Aster AVAUSDT
BingX AVA-USDT