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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin AVAUSDTM | 0.2438 | −0.0850 | get 0.0425% / 4h | 1h 04m | $700K | $88K | 30x |
| Short | Bybit AVAUSDT | 0.2447 | −0.2218 | pay 0.1109% / 4h | 1h 04m | $1.3M | $1.2M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 69 min ago | 14.34 bp | 127.0 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 2.05 bp | 75.7 bp −$76 | doesn't fit | 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 | −0.2218% | 4h | 0.2447 | +0.369% | $1.3M | $1.2M | 5x | |
| Aster AVAUSDT | −0.1869% | 1h | 0.2442 | +0.162% | $12K | $44K | 5x | as long as short |
| Bitget AVAUSDT | −0.1750% | 4h | 0.2441 | +0.123% | $374K | $921K | 25x | as long as short |
| Gate AVA_USDT | −0.1724% | 4h | 0.2448 | +0.410% | $270K | $253K | 20x | as long as short |
| Binance AVAUSDT | −0.1630% | 4h | 0.2443 | +0.205% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDT | −0.1628% | 4h | 0.2441 | +0.123% | $394K | $185K | 50x | as long as short |
| Variational Omni AVA | −0.1600% | 4h | 0.2449 | +0.458% | $8K | $9K | — | as long as short |
| BingX AVA-USDT | −0.1150% | 4h | 0.2445 | +0.287% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTMlong | −0.0850% | 4h | 0.2438 | long leg | $700K | $88K | 30x |
KuCoin AVAUSDTM
Bybit AVAUSDT
Aster AVAUSDT
Bitget AVAUSDT
Gate AVA_USDT
Binance AVAUSDT
MEXC AVA_USDT
Variational Omni AVA
BingX AVA-USDT