Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRnext payment −$1.22 per $10,000 · paid last 24h −0.017%
Price spread now: KuCoin against OKX+0.113%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1341.343% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.113%, 7d avg +0.039%
=The price spread pays, funding is against you. KuCoin is 0.073% dearer against OKX than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of +0.039%): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 24 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.22 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 | OKX AVNT-USDT-SWAP | 0.1155 | 0.0100 | pay 0.0050% / 4h | 38m 15s | $694K | $1.9M | 20x |
| Short | KuCoin AVNTUSDTM | 0.1156 | −0.0144 | pay 0.0072% / 4h | 38m 15s | $2.2M | $4.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$51.24
- Price spread: +0.113% → +0.039%
- $7.32
- Slippage, 4 orders
- −$112.32
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$178.25
- Costs to cover
- 1.343%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 4 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 OKX live order book, 4 min ago | 3.45 bp | 20.6 bp −$21 | 124.2 bp −$1,242 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.73 bp | 35.3 bp −$35 | doesn't fit | 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 | −0.0528% | 1h | 0.1156 | +0.087% | $272 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTMshort | −0.0144% | 4h | 0.1156 | +0.113% | $2.2M | $4.5M | 25x | |
| Backpack AVNT_USDC_PERP | +0.0092% | 1h | 0.1157 | +0.165% | $31K | $41K | 5x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1161 | +0.546% | $52K | $66K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1156 | +0.095% | $685K | $301K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1159 | +0.332% | $31K | $19K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1156 | +0.089% | $3.2M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1155 | −0.017% | $2.8M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAPlong | +0.0100% | 4h | 0.1155 | long leg | $694K | $1.9M | 20x | |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1158 | +0.268% | $230K | $101K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1156 | +0.095% | $2.5M | $801K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1156 | +0.121% | $655K | $201K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1155 | +0.052% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1159 | +0.338% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1161 | +0.498% | $196K | $1.0M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1160 | +0.424% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1158 | +0.312% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1155 | +0.013% | $25K | $209K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0105% | 4h | 0.1157 | +0.190% | $165K | $74K | 75x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0288% | 1h | 0.1155 | +0.026% | $17K | $9K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1157 | +0.140% | $7K | — | 100x | as long as short |
OKX AVNT-USDT-SWAP
KuCoin AVNTUSDTM
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
Gate AVNT_USDT
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
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]