Funding you earn now, next payment 04:00 UTC+0.0329%/8h= +36.0% APRnext payment +$1.64 per $10,000 · paid last 24h −0.138%
Price spread now: Bybit against MEXC+0.206%7-day average +0.241% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$176as in the Price arb table
costs, in and out, $10k−$1731.727% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days−0.227%−$23 · spread now +0.206%, 7d avg +0.241%
=Funding pays, the price is against you. Bybit is 0.036% cheaper against MEXC than usual: you would sell low and buy high (spread +0.206% now, against its 7-day average of +0.241%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.074% in total) that is about 3.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.074% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC AVA_USDT | 0.2433 | −0.1956 | get 0.0978% / 4h | 2h 44m | $373K | $179K | 50x |
| Short | Bybit AVAUSDT | 0.2438 | −0.1627 | pay 0.0814% / 4h | 2h 44m | $1.3M | $1.1M | 5x |
MEXC AVA_USDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $69.07
- Price spread: +0.206% → +0.241%
- −$3.6
- Slippage, 4 orders
- −$157.7
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$107.22
- Costs to cover
- 1.727%
- Break-even
- 17.9 days
Slippage from MEXC: live order book, 6 min ago; Bybit: live order book, 1 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 MEXC live order book, 6 min ago | 2.05 bp | 9.8 bp −$10 | 56.9 bp −$569 | 263.8 bp −$26.4K | 562.0 bp −$281.0K |
| Sell Bybit live order book, 1 min ago | 2.05 bp | 70.6 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AVAUSDT | −0.2063% | 1h | 0.2434 | +0.037% | $14K | $46K | 5x | as long as short |
| Binance AVAUSDT | −0.1965% | 4h | 0.2434 | +0.041% | $3.5M | $10.1M | 25x | as long as short |
| MEXC AVA_USDTlong | −0.1956% | 4h | 0.2433 | long leg | $373K | $179K | 50x | |
| Bitget AVAUSDT | −0.1844% | 4h | 0.2430 | −0.123% | $366K | $826K | 25x | as long as short |
| Gate AVA_USDT | −0.1716% | 4h | 0.2435 | +0.082% | $267K | $199K | 20x | as long as short |
| KuCoin AVAUSDTM | −0.1696% | 4h | 0.2433 | 0.000% | $710K | $92K | 30x | as long as short |
| Bybit AVAUSDTshort | −0.1627% | 4h | 0.2438 | +0.206% | $1.3M | $1.1M | 5x | |
| Variational Omni AVA | −0.1558% | 4h | 0.2439 | +0.252% | $8K | $9K | — | as long as short |
| BingX AVA-USDT | −0.1066% | 4h | 0.2434 | +0.041% | — | $1.5M | — | as long as short |
Aster AVAUSDT
Binance AVAUSDT
Bitget AVAUSDT
Gate AVA_USDT
KuCoin AVAUSDTM
Variational Omni AVA
BingX AVA-USDT