Funding you earn now, next payment 04:00 UTC−0.0896%/8h= −98.1% APRnext payment −$4.48 per $10,000 · paid last 24h +0.269%
Price spread now: KuCoin against BingX−0.284%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$639as in the Funding arb table
Net, price: spread back to 7d avg − costs−$654as in the Price arb table
costs, in and out, $10k−$6336.335% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days+0.464%+$46 · spread now −0.284%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and KuCoin is 0.209% cheaper against BingX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVA-USDT | 0.2463 | −0.0682 | get 0.0341% / 4h | 3h 05m | — | $1.5M | — |
| Short | KuCoin AVAUSDTM | 0.2456 | −0.1578 | pay 0.0789% / 4h | 3h 05m | $716K | $92K | 30x |
BingX AVA-USDT
KuCoin AVAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$188.16
- Price spread: −0.284% → −0.075%
- −$20.92
- Slippage, 4 orders
- −$611.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$842.57
- Costs to cover
- 6.335%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; KuCoin: live order book, 48 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 BingX live order book, 11 min ago | 6.11 bp | 22.0 bp −$22 | 79.0 bp −$790 | 604.6 bp −$60.5K | 817.8 bp −$408.9K |
| Sell KuCoin live order book, 48 min ago | 14.25 bp | 244.4 bp −$244 | doesn't fit | doesn't fit | doesn't fit |
AVA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AVAUSDT | −0.2142% | 1h | 0.2458 | −0.203% | $12K | $44K | 5x | as long as short |
| Binance AVAUSDT | −0.1872% | 4h | 0.2461 | −0.098% | $3.6M | $10.1M | 25x | as long as short |
| MEXC AVA_USDT | −0.1870% | 4h | 0.2462 | −0.041% | $374K | $183K | 50x | as long as short |
| Bitget AVAUSDT | −0.1854% | 4h | 0.2459 | −0.162% | $377K | $830K | 25x | as long as short |
| Gate AVA_USDT | −0.1632% | 4h | 0.2459 | −0.162% | $270K | $205K | 20x | as long as short |
| KuCoin AVAUSDTMshort | −0.1578% | 4h | 0.2456 | −0.284% | $716K | $92K | 30x | |
| Variational Omni AVA | −0.1518% | 4h | 0.2457 | −0.262% | $8K | $9K | — | as long as short |
| Bybit AVAUSDT | −0.0962% | 4h | 0.2462 | −0.041% | $1.3M | $1.1M | 5x | as long as short |
| BingX AVA-USDTlong | −0.0682% | 4h | 0.2463 | long leg | — | $1.5M | — |
Aster AVAUSDT
Binance AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
Gate AVA_USDT
Variational Omni AVA
Bybit AVAUSDT