Funding you earn now, next payment 08:00 UTC+0.0256%/8h= +28.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.073%
Price spread now: Binance against Bybit−0.028%7-day average −0.114% · you buy dearer than you sell
Net, funding: paid 7d − costs−$700as in the Funding arb table
Net, price: spread back to 7d avg − costs−$727as in the Price arb table
costs, in and out, $10k−$7367.359% of the position
Funding, last 7 days+0.358%+$36 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now −0.028%, 7d avg −0.114%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.086% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAAIUSDT | 0.01114 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $1.3M | $469K | 20x |
| Short | Binance AVAAIUSDT | 0.01114 | 0.0356 | get 0.0178% / 4h | 1h 59m | $3.9M | $2.8M | 20x |
Bybit AVAAIUSDT
Binance AVAAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $53.72
- Price spread: −0.028% → −0.114%
- $8.57
- Slippage, 4 orders
- −$714.9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$673.6
- Costs to cover
- 7.359%
- Break-even
- 94.8 days
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 7 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 Bybit live order book, 1 min ago | 8.07 bp | 284.0 bp −$284 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 3.15 bp | 61.6 bp −$62 | 396.3 bp −$3,963 | doesn't fit | doesn't fit |
AVAAI on 8 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 | 0.01112 | −0.189% | $625K | $148K | 20x | as long as short |
| KuCoin AVAAIUSDTM | +0.0100% | 4h | 0.01111 | −0.260% | $465K | $87K | 20x | as long as short |
| Bybit AVAAIUSDTlong | +0.0100% | 4h | 0.01114 | long leg | $1.3M | $469K | 20x | |
| BingX AVAAI-USDT | +0.0340% | 4h | 0.01113 | −0.054% | — | $197K | — | as long as short |
| MEXC AVAAI_USDT | +0.0356% | 4h | 0.01112 | −0.135% | $197K | $109K | 100x | as long as short |
| Binance AVAAIUSDTshort | +0.0356% | 4h | 0.01114 | −0.028% | $3.9M | $2.8M | 20x | |
| BloFin AVAAI-USDT | +0.0404% | 4h | 0.01115 | +0.090% | $191K | $3K | 20x | as long as short |
| Aster AVAAIUSDT | +0.0538% | 4h | 0.01111 | −0.244% | $37K | $14K | 5x | as long as short |
Gate AVAAI_USDT
KuCoin AVAAIUSDTM
BingX AVAAI-USDT
MEXC AVAAI_USDT
BloFin AVAAI-USDT
Aster AVAAIUSDT