Funding you earn now, next payment 00:00 UTC−0.1023%/8h= −112.0% APRnext payment −$5.12 per $10,000 · paid last 24h −0.110%
Price spread now: Bybit against MEXC+0.204%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2062.058% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 7 days−0.304%−$30 · spread now +0.204%, 7d avg +0.236%
=Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Bybit is 0.032% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.236%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.12 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 | MEXC AVA_USDT | 0.2456 | −0.1500 | get 0.0750% / 4h | 1h 54m | $385K | $180K | 50x |
| Short | Bybit AVAUSDT | 0.2461 | −0.2523 | pay 0.1262% / 4h | 1h 54m | $1.3M | $1.2M | 5x |
MEXC AVA_USDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$214.84
- Price spread: +0.204% → +0.236%
- −$3.2
- Slippage, 4 orders
- −$190.81
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$423.85
- Costs to cover
- 2.058%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 20 min ago; Bybit: live order book, 2 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 MEXC live order book, 20 min ago | 4.10 bp | 20.6 bp −$21 | 93.1 bp −$931 | 274.7 bp −$27.5K | 643.8 bp −$321.9K |
| Sell Bybit live order book, 2 min ago | 2.03 bp | 83.5 bp −$84 | 410.7 bp −$4,107 | 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 AVAUSDTshort | −0.2523% | 4h | 0.2461 | +0.204% | $1.3M | $1.2M | 5x | |
| Gate AVA_USDT | −0.2082% | 4h | 0.2461 | +0.204% | $274K | $248K | 20x | as long as short |
| Aster AVAUSDT | −0.1914% | 1h | 0.2459 | +0.137% | $12K | $46K | 5x | as long as short |
| Variational Omni AVA | −0.1685% | 4h | 0.2456 | +0.012% | $9K | $7K | — | as long as short |
| Binance AVAUSDT | −0.1503% | 4h | 0.2457 | +0.041% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDTlong | −0.1500% | 4h | 0.2456 | long leg | $385K | $180K | 50x | |
| Bitget AVAUSDT | −0.1394% | 4h | 0.2458 | +0.081% | $370K | $923K | 25x | as long as short |
| BingX AVA-USDT | −0.0956% | 4h | 0.2459 | +0.122% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0756% | 4h | 0.2455 | −0.041% | $704K | $86K | 30x | as long as short |
Gate AVA_USDT
Aster AVAUSDT
Variational Omni AVA
Binance AVAUSDT
Bitget AVAUSDT
BingX AVA-USDT
KuCoin AVAUSDTM