Funding you earn now, next payment 00:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.017%
Price spread now: Bybit against KuCoin−0.043%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1521.522% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now −0.043%, 7d avg −0.085%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.085%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.068% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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 | KuCoin AVNTUSDTM | 0.1163 | −0.0098 | get 0.0049% / 4h | 45m 23s | $2.2M | $4.5M | 25x |
| Short | Bybit AVNTUSDT | 0.1162 | 0.0100 | get 0.0050% / 4h | 45m 23s | $2.8M | $2.3M | 50x |
KuCoin AVNTUSDTM
Bybit AVNTUSDTFunding 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
- $41.58
- Price spread: −0.043% → −0.085%
- $4.23
- Slippage, 4 orders
- −$129.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$106.44
- Costs to cover
- 1.522%
- Break-even
- 24.9 days
Slippage from KuCoin: live order book, 2 min ago; Bybit: 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 KuCoin live order book, 2 min ago | 3.01 bp | 59.6 bp −$60 | 780.2 bp −$7,802 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.15 bp | 33.7 bp −$34 | 130.0 bp −$1,300 | 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 | −0.0610% | 1h | 0.1162 | −0.026% | $273 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTMlong | −0.0098% | 4h | 0.1163 | long leg | $2.2M | $4.5M | 25x | |
| Lighter AVNT | +0.0096% | 1h | 0.1168 | +0.490% | $52K | $66K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1162 | −0.060% | $683K | $299K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1164 | +0.127% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1162 | 0.000% | $3.3M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDTshort | +0.0100% | 4h | 0.1162 | −0.043% | $2.8M | $2.3M | 50x | |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1162 | −0.009% | $699K | $1.9M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1162 | −0.043% | $231K | $101K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1162 | −0.043% | $2.5M | $800K | 100x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
MEXC AVNT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1164 | +0.112% | $657K | $200K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1163 | +0.026% | — | $6.6M | — | as long as short |
| Backpack AVNT_USDC_PERP | +0.0100% | 1h | 0.1164 | +0.155% | $31K | $41K | 5x | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1162 | −0.056% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1163 | +0.042% | $196K | $1.0M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1164 | +0.155% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1163 | +0.086% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1162 | −0.040% | $26K | $209K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0104% | 4h | 0.1162 | −0.069% | $164K | $74K | 75x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0288% | 1h | 0.1155 | −0.628% | $17K | $9K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1163 | +0.047% | $8K | — | 100x | as long as short |
Bitget AVNTUSDT
BingX AVNT-USDT
Backpack AVNT_USDC_PERP
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]