Funding you earn now, next payment 12:00 UTC−0.0966%/8h= −105.7% APRnext payment −$4.83 per $10,000 · paid last 24h −0.310%
Price spread now: Bybit against BingX−0.192%7-day average +0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$396as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2272.273% of the position
Funding, last 7 days−1.689%−$169 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now −0.192%, 7d avg +0.180%
=Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Bybit is 0.372% cheaper against BingX than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.180%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVA-USDT | 0.2605 | −0.0457 | get 0.0229% / 4h | 3h 58m | — | $1.8M | — |
| Short | Bybit AVAUSDT | 0.2600 | −0.1423 | pay 0.0711% / 4h | 3h 58m | $1.3M | $1.3M | 5x |
BingX AVA-USDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$202.79
- Price spread: −0.192% → +0.180%
- −$37.2
- Slippage, 4 orders
- −$206.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$467.26
- Costs to cover
- 2.273%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago | 5.74 bp | 26.5 bp −$27 | 96.9 bp −$969 | 601.7 bp −$60.2K | 793.9 bp −$397.0K |
| Sell Bybit live order book, 3 min ago | 3.85 bp | 82.3 bp −$82 | 495.6 bp −$4,956 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AVA_USDT | −0.3704% | 4h | 0.2605 | 0.000% | $294K | $270K | 20x | as long as short |
| Bybit AVAUSDTshort | −0.1423% | 4h | 0.2600 | −0.192% | $1.3M | $1.3M | 5x | |
| KuCoin AVAUSDTM | −0.1148% | 4h | 0.2597 | −0.307% | $722K | $141K | 30x | as long as short |
| Aster AVAUSDT | −0.0850% | 1h | 0.2606 | +0.030% | $6K | $99K | 5x | as long as short |
| MEXC AVA_USDT | −0.0772% | 4h | 0.2600 | −0.192% | $411K | $202K | 50x | as long as short |
| Binance AVAUSDT | −0.0768% | 4h | 0.2597 | −0.320% | $3.6M | $13.7M | 25x | as long as short |
| Bitget AVAUSDT | −0.0634% | 4h | 0.2599 | −0.230% | $398K | $1.1M | 25x | as long as short |
| Variational Omni AVA | −0.0557% | 4h | 0.2606 | +0.025% | $7K | $10K | — | as long as short |
| BingX AVA-USDTlong | −0.0457% | 4h | 0.2605 | long leg | — | $1.8M | — |
Gate AVA_USDT
KuCoin AVAUSDTM
Aster AVAUSDT
MEXC AVA_USDT
Binance AVAUSDT
Bitget AVAUSDT
Variational Omni AVA