Funding you earn now, next payment 12:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.79 per $10,000 · paid last 24h +0.137%
Price spread now: Bitget against Bybit−0.112%7-day average −0.257% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2272.267% of the position
Funding, last 7 days+0.463%+$46 on $10k
+Price spread, last 7 days+0.298%+$30 · spread now −0.112%, 7d avg −0.257%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.144% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.257%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAUSDT | 0.2668 | −0.0671 | get 0.0335% / 4h | 3h 03m | $1.4M | $1.4M | 5x |
| Short | Bitget AVAUSDT | 0.2665 | −0.0512 | pay 0.0256% / 4h | 3h 03m | $401K | $1.0M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $33.33
- Price spread: −0.112% → −0.257%
- $14.41
- Slippage, 4 orders
- −$203.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$179
- Costs to cover
- 2.267%
- Break-even
- 44.6 days
Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago | 3.70 bp | 89.4 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 11.12 bp | 35.2 bp −$35 | 182.3 bp −$1,823 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AVA_USDT | −0.1236% | 4h | 0.2674 | +0.225% | $295K | $290K | 20x | as long as short |
| KuCoin AVAUSDTM | −0.1090% | 4h | 0.2666 | −0.075% | $746K | $139K | 30x | as long as short |
| Binance AVAUSDT | −0.0696% | 4h | 0.2667 | −0.034% | $3.8M | $14.2M | 25x | as long as short |
| MEXC AVA_USDT | −0.0674% | 4h | 0.2673 | +0.187% | $464K | $223K | 50x | as long as short |
| Bybit AVAUSDTlong | −0.0671% | 4h | 0.2668 | long leg | $1.4M | $1.4M | 5x | |
| Aster AVAUSDT | −0.0625% | 1h | 0.2679 | +0.398% | $5K | $103K | 5x | as long as short |
| Bitget AVAUSDTshort | −0.0512% | 4h | 0.2665 | −0.112% | $401K | $1.0M | 25x | |
| Variational Omni AVA | −0.0423% | 4h | 0.2707 | +1.445% | $7K | $9K | — | as long as short |
| BingX AVA-USDT | −0.0366% | 4h | 0.2671 | +0.112% | — | $1.8M | — | as long as short |
Bybit AVAUSDT
Bitget AVAUSDT
Gate AVA_USDT
KuCoin AVAUSDTM
Binance AVAUSDT
MEXC AVA_USDT
Aster AVAUSDT
Variational Omni AVA
BingX AVA-USDT