Funding you earn now, next payment 04:00 UTC+0.0761%/8h= +83.3% APRnext payment +$3.81 per $10,000 · paid last 24h −0.144%
Price spread now: Bybit against Bitget+0.203%7-day average +0.247% · you sell dearer than you buy
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2282.283% of the position
Funding, last 7 days−0.420%−$42 on $10k
+Price spread, last 7 days−0.335%−$33 · spread now +0.203%, 7d avg +0.247%
=Funding pays, the price is against you. Bybit is 0.044% cheaper against Bitget than usual: you would sell low and buy high (spread +0.203% now, against its 7-day average of +0.247%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.420%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.420% in total (about -21.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.81 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 AVAUSDT | 0.2462 | −0.1920 | get 0.0960% / 4h | 3h 12m | $377K | $835K | 25x |
| Short | Bybit AVAUSDT | 0.2467 | −0.1159 | pay 0.0579% / 4h | 3h 12m | $1.3M | $1.1M | 5x |
Bitget AVAUSDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $159.85
- Price spread: +0.203% → +0.247%
- −$4.37
- Slippage, 4 orders
- −$205.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$72.79
- Costs to cover
- 2.283%
- Break-even
- 10.2 days
Slippage from Bitget: live order book, 58 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 Bitget live order book, 58 min ago | 8.07 bp | 33.2 bp −$33 | 170.6 bp −$1,706 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.11 bp | 76.1 bp −$76 | 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 | −0.2339% | 1h | 0.2458 | −0.162% | $12K | $44K | 5x | as long as short |
| MEXC AVA_USDT | −0.1942% | 4h | 0.2463 | +0.041% | $375K | $183K | 50x | as long as short |
| Binance AVAUSDT | −0.1939% | 4h | 0.2465 | +0.112% | $3.6M | $10.1M | 25x | as long as short |
| Bitget AVAUSDTlong | −0.1920% | 4h | 0.2462 | long leg | $377K | $835K | 25x | |
| Gate AVA_USDT | −0.1918% | 4h | 0.2462 | 0.000% | $270K | $204K | 20x | as long as short |
| Variational Omni AVA | −0.1638% | 4h | 0.2459 | −0.137% | $8K | $9K | — | as long as short |
| KuCoin AVAUSDTM | −0.1622% | 4h | 0.2454 | −0.325% | $716K | $93K | 30x | as long as short |
| Bybit AVAUSDTshort | −0.1159% | 4h | 0.2467 | +0.203% | $1.3M | $1.1M | 5x | |
| BingX AVA-USDT | −0.0948% | 4h | 0.2467 | +0.203% | — | $1.5M | — | as long as short |
Aster AVAUSDT
MEXC AVA_USDT
Binance AVAUSDT
Gate AVA_USDT
Variational Omni AVA
KuCoin AVAUSDTM
BingX AVA-USDT