Funding you earn now, next payment 08:00 UTC+0.0418%/8h= +45.8% APRpaid last 24h +0.077%
Price spread now: BloFin against Backpack+0.034%66s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.034% dearer against Backpack than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVNT_USDC_PERP | 0.1170 | −0.0287 | get 0.0036% / 1h | 24m 05s | $31K | $48K | 5x |
| Short | BloFin AVNT-USDT | 0.1170 | 0.0131 | get 0.0065% / 4h | 24m 05s | $163K | $55K | 75x |
Backpack AVNT_USDC_PERP
BloFin AVNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Backpack. 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
- $87.85
- Price spread: +0.034% → 0.000%
- $3.42
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $69.27
- Costs to cover
- 0.220%
- Break-even
- 1.5 days
Slippage unknown: Backpack: no order-book sample; BloFin: live order book, 46 min ago. 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 Backpack no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 46 min ago | 2.12 bp | 17.0 bp −$17 | 50.3 bp −$503 | doesn't fit | doesn't fit |
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 | −0.0691% | 1h | 0.1168 | −0.128% | $153 | $245 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0440% | 1h | 0.1179 | +0.795% | $14K | $21K | 50x | as long as short |
| Backpack AVNT_USDC_PERPlong | −0.0287% | 1h | 0.1170 | long leg | $31K | $48K | 5x | |
| Lighter AVNT | +0.0096% | 1h | 0.1174 | +0.333% | $53K | $48K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1169 | −0.060% | $701K | $298K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1170 | +0.020% | $31K | $51K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1168 | −0.128% | $3.2M | $7.1M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1166 | −0.291% | $2.9M | $2.4M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1168 | −0.162% | $712K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1168 | −0.154% | $242K | $200K | 50x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1168 | −0.154% | $2.5M | $1.0M | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1168 | −0.111% | $2.1M | $4.4M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1168 | −0.120% | $670K | $304K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1168 | −0.162% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1166 | −0.309% | $18K | $115K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1171 | +0.097% | $197K | $926K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1171 | +0.128% | $2K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1169 | −0.026% | $36K | $53K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1168 | −0.193% | $19K | $269K | 10x | as long as short |
| BloFin AVNT-USDTshort | +0.0131% | 4h | 0.1170 | +0.034% | $163K | $55K | 75x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1169 | −0.052% | $7K | — | 100x | as long as short |
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]