Funding you earn now, next payment 04:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.054%
Price spread now: Bybit against Binance+0.008%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$731as in the Funding arb table
Net, price: spread back to 7d avg − costs−$708as in the Price arb table
costs, in and out, $10k−$6976.973% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 7 days+0.174%+$17 · spread now +0.008%, 7d avg +0.117%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.109% cheaper against Binance than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.117%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAAIUSDT | 0.01120 | 0.0413 | pay 0.0207% / 4h | 2h 07m | $3.9M | $3.2M | 20x |
| Short | Bybit AVAAIUSDT | 0.01120 | 0.0347 | get 0.0173% / 4h | 2h 07m | $1.3M | $527K | 20x |
Binance AVAAIUSDT
Bybit AVAAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$13.94
- Price spread: +0.008% → +0.117%
- −$10.89
- Slippage, 4 orders
- −$676.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$722.12
- Costs to cover
- 6.973%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 4 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 Binance live order book, 14 min ago | 0.45 bp | 38.3 bp −$38 | 562.4 bp −$5,624 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 5.37 bp | 317.5 bp −$318 | doesn't fit | doesn't fit | doesn't fit |
AVAAI on 7 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 AVAAI_USDT | +0.0100% | 4h | 0.01115 | −0.376% | $628K | $163K | 20x | as long as short |
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01114 | −0.501% | $469K | $93K | 20x | as long as short |
| Bybit AVAAIUSDTshort | +0.0347% | 4h | 0.01120 | +0.008% | $1.3M | $527K | 20x | |
| BingX AVAAI-USDT | +0.0386% | 4h | 0.01120 | +0.035% | — | $172K | — | as long as short |
| MEXC AVAAI_USDT | +0.0404% | 4h | 0.01119 | −0.054% | $199K | $115K | 100x | as long as short |
| Binance AVAAIUSDTlong | +0.0413% | 4h | 0.01120 | long leg | $3.9M | $3.2M | 20x | |
| Aster AVAAIUSDT | +0.0633% | 4h | 0.01117 | −0.258% | $37K | $15K | 5x | as long as short |
Gate AVAAI_USDT
KuCoin AVAAIUSDTM
BingX AVAAI-USDT
MEXC AVAAI_USDT
Aster AVAAIUSDT