Funding you earn now, next payment 00:00 UTC−0.0604%/8h= −66.2% APRnext payment −$3.02 per $10,000 · paid last 24h −0.110%
Price spread now: Bybit against MEXC+0.082%7-day average +0.237% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1751.747% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.082%, 7d avg +0.237%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Bybit is 0.155% cheaper against MEXC than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.237%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.02 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 | MEXC AVA_USDT | 0.2434 | −0.1618 | get 0.0809% / 4h | 1h 18m | $386K | $183K | 50x |
| Short | Bybit AVAUSDT | 0.2436 | −0.2222 | pay 0.1111% / 4h | 1h 18m | $1.3M | $1.2M | 5x |
MEXC AVA_USDT
Bybit AVAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- −$126.94
- Price spread: +0.082% → +0.237%
- −$15.52
- Slippage, 4 orders
- −$159.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$317.19
- Costs to cover
- 1.747%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 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 MEXC live order book, 55 min ago | 4.10 bp | 20.6 bp −$21 | 93.1 bp −$931 | 274.7 bp −$27.5K | 643.8 bp −$321.9K |
| Sell Bybit live order book, 2 min ago | 2.05 bp | 67.5 bp −$67 | 424.6 bp −$4,246 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVAUSDTshort | −0.2222% | 4h | 0.2436 | +0.082% | $1.3M | $1.2M | 5x | |
| Aster AVAUSDT | −0.1894% | 1h | 0.2434 | +0.020% | $12K | $44K | 5x | as long as short |
| Gate AVA_USDT | −0.1850% | 4h | 0.2438 | +0.164% | $269K | $253K | 20x | as long as short |
| Bitget AVAUSDT | −0.1658% | 4h | 0.2432 | −0.082% | $372K | $922K | 25x | as long as short |
| Binance AVAUSDT | −0.1628% | 4h | 0.2434 | 0.000% | $3.6M | $10.9M | 25x | as long as short |
| MEXC AVA_USDTlong | −0.1618% | 4h | 0.2434 | long leg | $386K | $183K | 50x | |
| Variational Omni AVA | −0.1599% | 4h | 0.2441 | +0.296% | $8K | $9K | — | as long as short |
| BingX AVA-USDT | −0.1140% | 4h | 0.2437 | +0.123% | — | $1.5M | — | as long as short |
| KuCoin AVAUSDTM | −0.0838% | 4h | 0.2436 | +0.082% | $698K | $87K | 30x | as long as short |
Aster AVAUSDT
Gate AVA_USDT
Bitget AVAUSDT
Binance AVAUSDT
Variational Omni AVA
BingX AVA-USDT
KuCoin AVAUSDTM