Funding you earn now, next payment 12:00 UTC−0.0217%/8h= −23.8% APRnext payment −$1.09 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against KuCoin+0.028%7-day average +0.254% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,178as in the Price arb table
costs, in and out, $10k−$1,15511.552% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.028%, 7d avg +0.254%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.226% cheaper against KuCoin than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.254%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVAAIUSDTM | 0.01072 | 0.0318 | pay 0.0159% / 4h | 11m 15s | $509K | $102K | 20x |
| Short | Bybit AVAAIUSDT | 0.01072 | 0.0101 | get 0.0050% / 4h | 11m 15s | $1.2M | $431K | 20x |
KuCoin AVAAIUSDTM
Bybit AVAAIUSDTFunding 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
- −$45.57
- Price spread: +0.028% → +0.254%
- −$22.63
- Slippage, 4 orders
- −$1,132.18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,223.39
- Costs to cover
- 11.552%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 14 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, 14 min ago | 23.20 bp | 463.6 bp −$464 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.47 bp | 170.0 bp −$170 | doesn't fit | doesn't fit | doesn't fit |
AVAAI on 8 exchanges
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 | 0.01068 | −0.354% | $605K | $177K | 20x | as long as short |
| Bybit AVAAIUSDTshort | +0.0101% | 4h | 0.01072 | +0.028% | $1.2M | $431K | 20x | |
| Aster AVAAIUSDT | +0.0241% | 4h | 0.01070 | −0.172% | $35K | $7K | 5x | as long as short |
| MEXC AVAAI_USDT | +0.0282% | 4h | 0.01071 | −0.056% | $190K | $108K | 100x | as long as short |
| Binance AVAAIUSDT | +0.0284% | 4h | 0.01071 | −0.084% | $3.8M | $2.7M | 20x | as long as short |
| BingX AVAAI-USDT | +0.0294% | 4h | 0.01072 | −0.047% | — | $202K | — | as long as short |
| BloFin AVAAI-USDT | +0.0318% | 4h | 0.01071 | −0.112% | $191K | $6K | 20x | as long as short |
| KuCoin AVAAIUSDTMlong | +0.0318% | 4h | 0.01072 | long leg | $509K | $102K | 20x |
Gate AVAAI_USDT
Aster AVAAIUSDT
MEXC AVAAI_USDT
Binance AVAAIUSDT
BingX AVAAI-USDT
BloFin AVAAI-USDT