Funding you earn now, next payment 04:00 UTC−0.0206%/8h= −22.6% APRnext payment −$1.03 per $10,000 · paid last 24h −0.395%
Price spread now: Bitget against KuCoin+0.121%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$500as in the Funding arb table
Net, price: spread back to 7d avg − costs−$372as in the Price arb table
costs, in and out, $10k−$3833.829% of the position
Funding, last 7 days−1.167%−$117 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.121%, 7d avg +0.011%
=The price spread pays, funding is against you. Bitget is 0.110% dearer against KuCoin than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.011%): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−1.167% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVAUSDTM | 0.2474 | −0.1588 | get 0.0794% / 4h | 1h 55m | $722K | $90K | 30x |
| Short | Bitget AVAUSDT | 0.2477 | −0.1794 | pay 0.0897% / 4h | 1h 55m | $375K | $816K | 25x |
KuCoin AVAUSDTM
Bitget AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$43.26
- Price spread: +0.121% → +0.011%
- $11
- Slippage, 4 orders
- −$358.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$415.21
- Costs to cover
- 3.829%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 44 min ago; Bitget: live order book, 6 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 KuCoin live order book, 44 min ago | 14.33 bp | 175.4 bp −$175 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 6.08 bp | 32.9 bp −$33 | 160.4 bp −$1,604 | 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 AVAUSDT | −0.2099% | 4h | 0.2482 | +0.323% | $1.3M | $1.1M | 5x | as long as short |
| MEXC AVA_USDT | −0.1912% | 4h | 0.2477 | +0.121% | $372K | $177K | 50x | as long as short |
| Binance AVAUSDT | −0.1900% | 4h | 0.2478 | +0.165% | $3.6M | $9.9M | 25x | as long as short |
| Bitget AVAUSDTshort | −0.1794% | 4h | 0.2477 | +0.121% | $375K | $816K | 25x | |
| Aster AVAUSDT | −0.1778% | 1h | 0.2481 | +0.277% | $13K | $47K | 5x | as long as short |
| Variational Omni AVA | −0.1753% | 4h | 0.2487 | +0.529% | $8K | $9K | — | as long as short |
| KuCoin AVAUSDTMlong | −0.1588% | 4h | 0.2474 | long leg | $722K | $90K | 30x | |
| BingX AVA-USDT | −0.1270% | 4h | 0.2480 | +0.243% | — | $1.5M | — | as long as short |
| Gate AVA_USDT | −0.1206% | 4h | 0.2479 | +0.202% | $272K | $196K | 20x | as long as short |
Bybit AVAUSDT
MEXC AVA_USDT
Binance AVAUSDT
Aster AVAUSDT
Variational Omni AVA
BingX AVA-USDT
Gate AVA_USDT