Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.018%
Price spread now: Binance against Bybit+0.037%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days−0.033%−$3 · spread now +0.037%, 7d avg +0.029%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAXUSDT | 10.680 | 0.0092 | pay 0.0092% / 8h | 1h 38m | $81.0M | $147.1M | 75x |
| Short | Binance AVAXUSDT | 10.684 | 0.0100 | get 0.0100% / 8h | 1h 38m | $113.4M | $426.4M | 75x |
Funding 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
- $1.7
- Price spread: +0.037% → +0.029%
- $0.82
- Slippage, 4 orders
- −$7.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.01
- Costs to cover
- 0.285%
- Break-even
- 114.1 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago | 0.47 bp | 6.8 bp −$7 | 15.5 bp −$155 | 43.3 bp −$4,327 | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.47 bp | 6.6 bp −$7 | 12.6 bp −$126 | 43.2 bp −$4,320 | 136.3 bp −$68.2K |
AVAX on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AVAX-PERP | −0.0177% | 1h | 10.666 | −0.131% | $284K | $339K | 10x | as long as short |
| Variational Omni AVAX | −0.0042% | 8h | 10.695 | +0.137% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.675 | −0.047% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.680 | 0.000% | $4.8M | $7.2M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.677 | −0.028% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0025% | 8h | 10.681 | +0.009% | $12.7M | $32.1M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.749% | $17K | $152K | 12x | as long as short |
| SoDEX AVAX-USD | +0.0081% | 1h | 10.678 | −0.019% | $18K | $72K | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.0088% | 8h | 10.668 | −0.108% | $12K | $212 | 20x | as long as short |
| Bybit AVAXUSDTlong | +0.0092% | 8h | 10.680 | long leg | $81.0M | $147.1M | 75x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVAX | +0.0096% | 1h | 10.680 | 0.000% | $1.2M | $2.5M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.671 | −0.084% | $22K | $428K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.690 | +0.094% | $37.3M | $43.9M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.686 | +0.056% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.670 | −0.092% | $268K | $129K | 10x | as long as short |
| Binance AVAXUSDTshort | +0.0100% | 8h | 10.684 | +0.037% | $113.4M | $426.4M | 75x | |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.680 | 0.000% | $18.7M | $112.5M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.685 | +0.047% | $45.2M | $80.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.683 | +0.028% | $13.7M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.682 | +0.019% | $32.3M | $48.9M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.683 | +0.028% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.686 | +0.056% | $435K | $565K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.699 | +0.183% | $342K | $1.1M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.704 | +0.225% | $173K | $663K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.675 | −0.047% | $135K | $354K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.684 | +0.037% | $230K | $346K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.698 | +0.169% | $11K | $765K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.695 | +0.140% | $342K | $860K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.683 | +0.028% | $28.5M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.680 | −0.001% | $609K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.673 | −0.066% | $245K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0113% | 1h | 10.687 | +0.069% | $4.2M | $11.3M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.676 | −0.037% | $932K | $5.0M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.670 | −0.094% | $4.6M | $5.6M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.670 | −0.095% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.687 | +0.062% | $226K | — | 120x | as long as short |
Bybit AVAXUSDT
Binance AVAXUSDT
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
SoDEX AVAX-USD
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]