Funding you earn now, next payment 01:00 UTC−0.0652%/8h= −71.4% APRpaid last 24h +0.044%
Price spread now: Gate against Backpack−0.095%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Gate is 0.095% cheaper against Backpack than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVNT_USDC_PERP | 0.1162 | 0.0752 | pay 0.0094% / 1h | 49m 27s | $31K | $41K | 5x |
| Short | Gate AVNT_USDT | 0.1161 | 0.0100 | get 0.0100% / 8h | 7h 49m | $233K | $101K | 50x |
Backpack AVNT_USDC_PERP
Gate AVNT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$136.84
- Price spread: −0.095% → 0.000%
- −$9.47
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$171.31
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Gate: live order book, 17 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 Gate live order book, 17 min ago | 4.31 bp | 66.2 bp −$66 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVNTUSDTM | −0.0168% | 4h | 0.1162 | −0.052% | $2.2M | $4.5M | 25x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0136% | 1h | 0.1155 | −0.594% | $17K | $9K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | 0.0000% | 1h | 0.1161 | −0.086% | $273 | $123 | 10x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1165 | +0.284% | $52K | $65K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1162 | −0.009% | $688K | $298K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1161 | −0.081% | $31K | $19K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1162 | −0.043% | $3.3M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1160 | −0.163% | $2.9M | $2.2M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1161 | −0.095% | $703K | $1.9M | 20x | as long as short |
| Gate AVNT_USDTshort | +0.0100% | 8h | 0.1161 | −0.095% | $233K | $101K | 50x |
KuCoin AVNTUSDTM
Coinbase International AVNT-PERP-INTX
Deribit AVNT_USDC-PERPETUAL
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1160 | −0.181% | $2.4M | $820K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1162 | −0.043% | $652K | $208K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1161 | −0.060% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1160 | −0.205% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1163 | +0.079% | $196K | $990K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1163 | +0.103% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1161 | −0.112% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1161 | −0.079% | $26K | $217K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0125% | 4h | 0.1161 | −0.069% | $164K | $66K | 75x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0291% / S −0.0838% | 1h | 0.1162 | −0.039% | $7K | — | 100x | as long as short |
| Backpack AVNT_USDC_PERPlong | +0.0752% | 1h | 0.1162 | long leg | $31K | $41K | 5x |
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
GMX AVNT/USD [ETH-USDC]