Settings8H · net · $10k
Funding arb · Price arb /

AVA

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1368%/8h= −149.8% APRnext payment $6.84 per $10,000 · paid last 24h −0.588%
Price spread now: Bybit against KuCoin+0.369%7-day average +0.251% · you sell dearer than you buy
Net, funding: paid 7d − costs−$561as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$4074.067% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.538%−$154 on $10k
Price spread, last 7 days−0.490%−$49 · spread now +0.369%, 7d avg +0.251%
Together, before fees−2.028%−$203 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.118% dearer against KuCoin than usual: you sell high and buy low (spread +0.369% now, against its 7-day average of +0.251%): +$12 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin AVAUSDTM0.2438−0.0850get 0.0425% / 4h1h 04m$700K$88K30x
ShortBybit AVAUSDT0.2447−0.2218pay 0.1109% / 4h1h 04m$1.3M$1.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$287.28
Price spread: +0.369% → +0.251%
$11.83
Slippage, 4 orders
−$383.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$682.19
Costs to cover
4.067%
Break-even
never at this rate
Slippage from KuCoin: live order book, 69 min ago; Bybit: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 69 min ago14.34 bp127.0 bp −$127doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago2.05 bp75.7 bp −$76doesn't fitdoesn't fitdoesn't fit

AVA on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit AVAUSDTshort−0.2218%4h0.2447+0.369%$1.3M$1.2M5x
Aster AVAUSDT−0.1869%1h0.2442+0.162%$12K$44K5xas long as short
Bitget AVAUSDT−0.1750%4h0.2441+0.123%$374K$921K25xas long as short
Gate AVA_USDT−0.1724%4h0.2448+0.410%$270K$253K20xas long as short
Binance AVAUSDT−0.1630%4h0.2443+0.205%$3.6M$10.9M25xas long as short
MEXC AVA_USDT−0.1628%4h0.2441+0.123%$394K$185K50xas long as short
Variational Omni AVA−0.1600%4h0.2449+0.458%$8K$9Kas long as short
BingX AVA-USDT−0.1150%4h0.2445+0.287%$1.5Mas long as short
KuCoin AVAUSDTMlong−0.0850%4h0.2438long leg$700K$88K30x