Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.0% APRnext payment −$1.28 per $10,000 · paid last 24h −0.016%
Price spread now: KuCoin against Bitget−0.061%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1811.810% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.061%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.045% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.28 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 | Bitget AVNTUSDT | 0.1155 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $653K | $194K | 20x |
| Short | KuCoin AVNTUSDTM | 0.1154 | −0.0156 | pay 0.0078% / 4h | 1h 05m | $2.2M | $4.5M | 25x |
Bitget AVNTUSDT
KuCoin AVNTUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$53.76
- Price spread: −0.061% → −0.016%
- −$4.47
- Slippage, 4 orders
- −$156.97
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$239.2
- Costs to cover
- 1.810%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; KuCoin: live order book, 2 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 Bitget live order book, 10 min ago | 6.07 bp | 34.2 bp −$34 | 173.3 bp −$1,733 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.60 bp | 47.8 bp −$48 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AVNT_USDC-PERPETUAL | −0.0356% | 1h | 0.1155 | +0.017% | $271 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTMshort | −0.0156% | 4h | 0.1154 | −0.061% | $2.2M | $4.5M | 25x | |
| Backpack AVNT_USDC_PERP | −0.0084% | 1h | 0.1157 | +0.156% | $31K | $41K | 5x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1160 | +0.459% | $52K | $66K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1156 | +0.078% | $683K | $296K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1155 | +0.029% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1155 | +0.026% | $3.2M | $5.9M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1154 | −0.078% | $2.8M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1154 | −0.035% | $693K | $1.9M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1153 | −0.156% | $229K | $102K | 50x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1155 | +0.017% | $2.5M | $792K | 100x | as long as short |
| Bitget AVNTUSDTlong | +0.0100% | 4h | 0.1155 | long leg | $653K | $194K | 20x | |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1154 | −0.043% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1154 | −0.104% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1153 | −0.165% | $195K | $1.0M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1157 | +0.199% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1151 | −0.294% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1154 | −0.043% | $25K | $209K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0139% | 4h | 0.1155 | +0.035% | $164K | $74K | 75x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0272% | 1h | 0.1155 | +0.035% | $17K | $10K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1155 | +0.057% | $7K | — | 100x | as long as short |
MEXC AVNT_USDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
BloFin AVNT-USDT
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]