Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.043%

Price spread now: Backpack against Aster+0.024%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Backpack is 0.024% dearer against Aster than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVNTUSDT	0.1155	0.0100	pay 0.0050% / 4h	1h 02m	$31K	$22K	5x
Short	Backpack AVNT_USDC_PERP	0.1155	−0.0068	pay 0.0008% / 1h	2m 47s	$31K	$41K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee BackpackbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$35.2
Price spread: +0.024% → 0.000%: $2.41
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$50.79
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Backpack: no order-book sample. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

Aster and Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0356%	1h	0.1154	−0.071%	$271	$267	10x	as long as short
KuCoin AVNTUSDTM	−0.0144%	4h	0.1154	−0.028%	$2.2M	$4.5M	25x	as long as short
Backpack AVNT_USDC_PERPshort	−0.0068%	1h	0.1155	+0.024%	$31K	$41K	5x
Lighter AVNT	+0.0096%	1h	0.1161	+0.492%	$52K	$66K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1154	−0.054%	$680K	$298K	5x	as long as short
Aster AVNTUSDTlong	+0.0100%	4h	0.1155	long leg	$31K	$22K	5x
Binance AVNTUSDT	+0.0100%	4h	0.1154	−0.037%	$3.2M	$5.9M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1153	−0.158%	$2.8M	$2.3M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1153	−0.123%	$692K	$1.8M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1154	−0.071%	$229K	$102K	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	0.1155	+0.015%	$2.5M	$794K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1155	−0.002%	$654K	$195K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1154	−0.071%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1154	−0.106%	$21K	$47K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1155	+0.015%	$195K	$1.0M	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1157	+0.154%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1155	−0.019%	$35K	$66K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1154	−0.088%	$25K	$209K	10x	as long as short
BloFin AVNT-USDT	+0.0153%	4h	0.1154	−0.045%	$164K	$74K	75x	as long as short
Coinbase International AVNT-PERP-INTX	+0.0272%	1h	0.1155	+0.033%	$17K	$10K	50x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0290% / S −0.0838%	1h	0.1154	−0.044%	$7K	—	100x	as long as short