Funding you earn now, next payment 00:00 UTC−0.0326%/8h= −35.7% APRnext payment −$1.63 per $10,000 · paid last 24h −0.017%
Price spread now: KuCoin against BingX−0.017%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1161.161% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.017%, 7d avg +0.059%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.076% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.63 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 | BingX AVNT-USDT | 0.1151 | 0.0100 | pay 0.0050% / 4h | 1h 46m | — | $6.6M | — |
| Short | KuCoin AVNTUSDTM | 0.1151 | −0.0226 | pay 0.0113% / 4h | 1h 46m | $2.2M | $4.4M | 25x |
BingX AVNT-USDT
KuCoin AVNTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$68.46
- Price spread: −0.017% → +0.059%
- −$7.63
- Slippage, 4 orders
- −$94.13
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$192.22
- Costs to cover
- 1.161%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; KuCoin: 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 BingX live order book, 6 min ago | 3.47 bp | 13.7 bp −$14 | 63.5 bp −$635 | 489.2 bp −$48.9K | 930.2 bp −$465.1K |
| Sell KuCoin live order book, 1 min ago | 1.74 bp | 28.6 bp −$29 | 637.1 bp −$6,371 | doesn't fit | doesn't fit |
AVNT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack AVNT_USDC_PERP | −0.0487% | 1h | 0.1152 | +0.078% | $30K | $42K | 5x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0445% | 1h | 0.1151 | −0.026% | $270 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTMshort | −0.0226% | 4h | 0.1151 | −0.017% | $2.2M | $4.4M | 25x | |
| BloFin AVNT-USDT | +0.0072% | 4h | 0.1151 | −0.026% | $165K | $73K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1156 | +0.452% | $52K | $66K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1151 | +0.009% | $676K | $293K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1151 | −0.034% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1151 | +0.022% | $3.2M | $5.9M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1150 | −0.043% | $2.8M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1151 | +0.043% | $693K | $1.8M | 20x | as long as short |
Backpack AVNT_USDC_PERP
Deribit AVNT_USDC-PERPETUAL
BloFin AVNT-USDT
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1151 | +0.009% | $229K | $102K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1150 | −0.078% | $2.5M | $778K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1151 | +0.026% | $653K | $191K | 20x | as long as short |
| BingX AVNT-USDTlong | +0.0100% | 4h | 0.1151 | long leg | — | $6.6M | — | |
| Variational Omni AVNT | +0.0100% | 4h | 0.1151 | +0.005% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1153 | +0.182% | $195K | $1.1M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1152 | +0.087% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1151 | +0.043% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1150 | −0.049% | $25K | $210K | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0272% | 1h | 0.1155 | +0.374% | $17K | $10K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0838% | 1h | 0.1150 | −0.036% | $7K | — | 100x | as long as short |
Gate AVNT_USDT
MEXC AVNT_USDT
Bitget AVNTUSDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]