Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h +0.001%
Price spread now: Bybit against Bitget−0.130%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1641.645% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.130%, 7d avg −0.078%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.052% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.078%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AVNTUSDT | 0.1150 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $652K | $191K | 20x |
| Short | Bybit AVNTUSDT | 0.1149 | 0.0004 | get 0.0002% / 4h | 2h 41m | $2.8M | $2.3M | 50x |
Bitget AVNTUSDT
Bybit AVNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- −$20.15
- Price spread: −0.130% → −0.078%
- −$5.25
- Slippage, 4 orders
- −$141.46
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$189.86
- Costs to cover
- 1.645%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 43 min ago; Bybit: live order book, 1 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 Bitget live order book, 43 min ago | 7.36 bp | 46.8 bp −$47 | 173.7 bp −$1,737 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.92 bp | 40.4 bp −$40 | 141.2 bp −$1,412 | doesn't fit | doesn't fit |
AVNT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AVNT_USDC-PERPETUAL | −0.0967% | 1h | 0.1149 | −0.061% | $270 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTM | −0.0222% | 4h | 0.1149 | −0.104% | $2.2M | $4.5M | 25x | as long as short |
| Bybit AVNTUSDTshort | +0.0004% | 4h | 0.1149 | −0.130% | $2.8M | $2.3M | 50x | |
| BloFin AVNT-USDT | +0.0062% | 4h | 0.1147 | −0.296% | $168K | $73K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1154 | +0.365% | $50K | $63K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1149 | −0.070% | $668K | $291K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1150 | +0.004% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1149 | −0.118% | $3.2M | $6.0M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1150 | −0.035% | $692K | $1.8M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1149 | −0.096% | $227K | $102K | 50x | as long as short |
Deribit AVNT_USDC-PERPETUAL
KuCoin AVNTUSDTM
BloFin AVNT-USDT
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1149 | −0.096% | $2.5M | $776K | 100x | as long as short |
| Bitget AVNTUSDTlong | +0.0100% | 4h | 0.1150 | long leg | $652K | $191K | 20x | |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1149 | −0.122% | — | $6.6M | — | as long as short |
| Backpack AVNT_USDC_PERP | +0.0100% | 1h | 0.1150 | +0.035% | $30K | $42K | 5x | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1149 | −0.108% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1149 | −0.076% | $195K | $1.1M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1152 | +0.148% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1149 | −0.130% | $35K | $67K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1148 | −0.148% | $25K | $210K | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0240% | 1h | 0.1155 | +0.443% | $17K | $10K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1151 | +0.043% | $7K | — | 100x | as long as short |
MEXC AVNT_USDT
BingX AVNT-USDT
Backpack AVNT_USDC_PERP
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]