Funding you earn now, next payment 12:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.044%
Price spread now: KuCoin against BloFin−0.127%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$187as in the Price arb table
costs, in and out, $10k−$1681.685% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.127%, 7d avg +0.058%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.185% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AVNT-USDT | 0.1178 | 0.0110 | pay 0.0055% / 4h | 3h 00m | $161K | $56K | 75x |
| Short | KuCoin AVNTUSDTM | 0.1177 | 0.0100 | get 0.0050% / 4h | 3h 00m | $2.2M | $4.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$2.11
- Price spread: −0.127% → +0.058%
- −$18.51
- Slippage, 4 orders
- −$144.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$189.08
- Costs to cover
- 1.685%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 64 min ago; KuCoin: 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 BloFin live order book, 64 min ago | 1.71 bp | 21.1 bp −$21 | 61.5 bp −$615 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 4.26 bp | 70.1 bp −$70 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack AVNT_USDC_PERP | −0.0282% | 1h | 0.1177 | −0.076% | $31K | $45K | 5x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0005% | 1h | 0.1178 | −0.017% | $154 | $445 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | 0.0000% | 1h | 0.1179 | +0.076% | $14K | $17K | 50x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1181 | +0.204% | $52K | $48K | 5x | as long as short |
| Variational Omni AVNT | +0.0098% | 4h | 0.1175 | −0.269% | $19K | $114K | — | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1177 | −0.140% | $674K | $346K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1178 | −0.058% | $31K | $52K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1176 | −0.153% | $3.2M | $7.1M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1176 | −0.212% | $2.9M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1174 | −0.365% | $707K | $2.0M | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1178 | −0.017% | $295K | $238K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1177 | −0.102% | $2.6M | $1.0M | 100x | as long as short |
| KuCoin AVNTUSDTMshort | +0.0100% | 4h | 0.1177 | −0.127% | $2.2M | $4.3M | 25x | |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1178 | −0.017% | $683K | $317K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1176 | −0.187% | — | $6.6M | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1176 | −0.209% | $189K | $924K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1182 | +0.314% | $1K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1178 | −0.017% | $36K | $50K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1175 | −0.242% | $16K | $268K | 10x | as long as short |
| BloFin AVNT-USDTlong | +0.0110% | 4h | 0.1178 | long leg | $161K | $56K | 75x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1178 | +0.020% | $7K | — | 100x | as long as short |
BloFin AVNT-USDT
KuCoin AVNTUSDTM
Backpack AVNT_USDC_PERP
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
Lighter AVNT
Variational Omni AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]