Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.137%
Price spread now: Binance against Bybit−0.114%7-day average −0.252% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1791.793% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.115%+$12 · spread now −0.114%, 7d avg −0.252%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.138% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.252%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2468 | −0.2075 | get 0.1038% / 4h | 2h 01m | $1.3M | $1.1M | 5x |
| Short | Binance AVAUSDT | 0.2465 | −0.1936 | pay 0.0968% / 4h | 2h 01m | $3.6M | $10.0M | 25x |
Bybit AVAUSDT
Binance AVAUSDTFunding 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
- $29.32
- Price spread: −0.114% → −0.252%
- $13.78
- Slippage, 4 orders
- −$158.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$136.16
- Costs to cover
- 1.793%
- Break-even
- 39.5 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 8 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, 4 min ago | 4.05 bp | 62.1 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.03 bp | 33.7 bp −$34 | 110.8 bp −$1,108 | 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 AVAUSDTlong | −0.2075% | 4h | 0.2468 | long leg | $1.3M | $1.1M | 5x | |
| Aster AVAUSDT | −0.1941% | 1h | 0.2466 | −0.076% | $14K | $47K | 5x | as long as short |
| Binance AVAUSDTshort | −0.1936% | 4h | 0.2465 | −0.114% | $3.6M | $10.0M | 25x | |
| MEXC AVA_USDT | −0.1934% | 4h | 0.2466 | −0.081% | $370K | $185K | 50x | as long as short |
| Bitget AVAUSDT | −0.1810% | 4h | 0.2465 | −0.122% | $375K | $818K | 25x | as long as short |
| Variational Omni AVA | −0.1715% | 4h | 0.2466 | −0.078% | $8K | $9K | — | as long as short |
| KuCoin AVAUSDTM | −0.1608% | 4h | 0.2464 | −0.162% | $719K | $91K | 30x | as long as short |
| Gate AVA_USDT | −0.1290% | 4h | 0.2468 | 0.000% | $270K | $202K | 20x | as long as short |
| BingX AVA-USDT | −0.1272% | 4h | 0.2468 | 0.000% | — | $1.5M | — | as long as short |
Aster AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
Variational Omni AVA
KuCoin AVAUSDTM
Gate AVA_USDT
BingX AVA-USDT