AVA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0370%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h −0.402%

Price spread now: MEXC against KuCoin+0.205%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$782as in the Funding arb table

Net, price: spread back to 7d avg − costs−$597as in the Price arb table

costs, in and out, $10k−$6166.160% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.661%−$166 on $10k

Price spread, last 7 days−0.315%−$31 · spread now +0.205%, 7d avg +0.015%

Together, before fees−1.976%−$198 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.189% dearer against KuCoin than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.015%): +$19 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−1.661% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAUSDTM	0.2442	−0.1602	get 0.0801% / 4h	3h 36m	$713K	$93K	30x
Short	MEXC AVA_USDT	0.2447	−0.1972	pay 0.0986% / 4h	3h 36m	$372K	$180K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.205%Rate

Funding earned: −$77.7
Price spread: +0.205% → +0.015%: $18.93
Slippage, 4 orders: −$599.96
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$674.73
Costs to cover: 6.160%
Break-even: never at this rate

Slippage from KuCoin: live order book, 17 min ago; MEXC: live order book, 19 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, 17 min ago	14.25 bp	342.8 bp −$343	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 19 min ago	2.04 bp	14.7 bp −$15	52.1 bp −$521	259.0 bp −$25.9K	538.3 bp −$269.2K

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
Gate AVA_USDT	−0.3016%	4h	0.2446	+0.164%	$268K	$203K	20x	as long as short
Aster AVAUSDT	−0.2364%	1h	0.2455	+0.547%	$12K	$44K	5x	as long as short
Bybit AVAUSDT	−0.1998%	4h	0.2446	+0.164%	$1.3M	$1.1M	5x	as long as short
Bitget AVAUSDT	−0.1990%	4h	0.2439	−0.123%	$374K	$862K	25x	as long as short
Binance AVAUSDT	−0.1988%	4h	0.2441	−0.025%	$3.6M	$10.3M	25x	as long as short
MEXC AVA_USDTshort	−0.1972%	4h	0.2447	+0.205%	$372K	$180K	50x
Variational Omni AVA	−0.1801%	4h	0.2450	+0.333%	$8K	$9K	—	as long as short
KuCoin AVAUSDTMlong	−0.1602%	4h	0.2442	long leg	$713K	$93K	30x
BingX AVA-USDT	−0.1332%	4h	0.2444	+0.082%	—	$1.5M	—	as long as short