Funding you earn now, next payment 04:00 UTC−0.0906%/8h= −99.2% APRnext payment −$4.53 per $10,000 · paid last 24h +0.137%
Price spread now: Binance against Bybit−0.081%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1851.850% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now −0.081%, 7d avg −0.250%
=The price spread pays, funding is against you. Binance is 0.169% dearer against Bybit than usual: you sell high and buy low (spread −0.081% now, against its 7-day average of −0.250%): +$17 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.069% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.53 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 | Bybit AVAUSDT | 0.2462 | −0.0968 | get 0.0484% / 4h | 3h 07m | $1.3M | $1.1M | 5x |
| Short | Binance AVAUSDT | 0.2460 | −0.1873 | pay 0.0937% / 4h | 3h 07m | $3.6M | $10.1M | 25x |
Bybit AVAUSDT
Binance AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$190.22
- Price spread: −0.081% → −0.250%
- $16.86
- Slippage, 4 orders
- −$163.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$358.34
- Costs to cover
- 1.850%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: 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 Bybit live order book, 3 min ago | 2.02 bp | 67.4 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.04 bp | 25.9 bp −$26 | 92.3 bp −$923 | 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 | −0.2179% | 1h | 0.2461 | −0.059% | $12K | $44K | 5x | as long as short |
| Binance AVAUSDTshort | −0.1873% | 4h | 0.2460 | −0.081% | $3.6M | $10.1M | 25x | |
| MEXC AVA_USDT | −0.1870% | 4h | 0.2460 | −0.081% | $374K | $183K | 50x | as long as short |
| Bitget AVAUSDT | −0.1860% | 4h | 0.2461 | −0.041% | $377K | $835K | 25x | as long as short |
| Gate AVA_USDT | −0.1604% | 4h | 0.2466 | +0.162% | $270K | $205K | 20x | as long as short |
| Variational Omni AVA | −0.1582% | 4h | 0.2466 | +0.166% | $8K | $9K | — | as long as short |
| KuCoin AVAUSDTM | −0.1572% | 4h | 0.2462 | 0.000% | $718K | $93K | 30x | as long as short |
| Bybit AVAUSDTlong | −0.0968% | 4h | 0.2462 | long leg | $1.3M | $1.1M | 5x | |
| BingX AVA-USDT | −0.0682% | 4h | 0.2465 | +0.122% | — | $1.5M | — | as long as short |
Aster AVAUSDT
MEXC AVA_USDT
Bitget AVAUSDT
Gate AVA_USDT
Variational Omni AVA
KuCoin AVAUSDTM
BingX AVA-USDT