Funding you earn now, next payment 04:00 UTC−0.0243%/8h= −26.6% APRnext payment −$1.22 per $10,000 · paid last 24h −0.144%
Price spread now: Bybit against Bitget−0.040%7-day average +0.249% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2062.061% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now −0.040%, 7d avg +0.249%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.289% cheaper against Bitget than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.249%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget AVAUSDT | 0.2495 | −0.1664 | get 0.0832% / 4h | 1h 38m | $397K | $866K | 25x |
| Short | Bybit AVAUSDT | 0.2494 | −0.1907 | pay 0.0954% / 4h | 1h 38m | $1.3M | $1.1M | 5x |
Bitget AVAUSDT
Bybit AVAUSDTFunding 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
- −$51.1
- Price spread: −0.040% → +0.249%
- −$28.93
- Slippage, 4 orders
- −$183.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$286.09
- Costs to cover
- 2.061%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 22 min ago; Bybit: live order book, 2 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, 22 min ago | 6.08 bp | 39.2 bp −$39 | 181.7 bp −$1,817 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.97 bp | 62.8 bp −$63 | 300.8 bp −$3,008 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAUSDTshort | −0.1907% | 4h | 0.2494 | −0.040% | $1.3M | $1.1M | 5x | |
| Binance AVAUSDT | −0.1857% | 4h | 0.2492 | −0.120% | $3.6M | $10.2M | 25x | as long as short |
| MEXC AVA_USDT | −0.1836% | 4h | 0.2495 | 0.000% | $384K | $181K | 50x | as long as short |
| Variational Omni AVA | −0.1673% | 4h | 0.2542 | +1.864% | $8K | $9K | — | as long as short |
| Bitget AVAUSDTlong | −0.1664% | 4h | 0.2495 | long leg | $397K | $866K | 25x | |
| KuCoin AVAUSDTM | −0.1590% | 4h | 0.2500 | +0.200% | $726K | $91K | 30x | as long as short |
| Aster AVAUSDT | −0.1494% | 1h | 0.2503 | +0.321% | $12K | $48K | 5x | as long as short |
| BingX AVA-USDT | −0.1196% | 4h | 0.2495 | 0.000% | — | $1.5M | — | as long as short |
| Gate AVA_USDT | −0.1090% | 4h | 0.2498 | +0.120% | $288K | $214K | 20x | as long as short |
Binance AVAUSDT
MEXC AVA_USDT
Variational Omni AVA
KuCoin AVAUSDTM
Aster AVAUSDT
BingX AVA-USDT
Gate AVA_USDT