Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX+0.425%96s7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.816% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.406%−$41 · spread now +0.425%, 7d avg −0.009%
=The price spread pays, funding is against you. BloFin is 0.434% dearer against BingX than usual: you sell high and buy low (spread +0.425% now, against its 7-day average of −0.009%): +$43 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days. The two prices were read 96 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 | BingX AVNT-USDT | 0.1177 | 0.0100 | pay 0.0050% / 4h | 1h 41m | — | $6.6M | — |
| Short | BloFin AVNT-USDT | 0.1182 | 0.0070 | get 0.0035% / 4h | 1h 41m | $169K | $64K | 75x |
BingX AVNT-USDT
BloFin AVNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$6.26
- Price spread: +0.425% → −0.009%
- $43.39
- Slippage, 4 orders
- −$59.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.44
- Costs to cover
- 0.816%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; BloFin: live order book, 70 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 BingX live order book, 10 min ago | 4.66 bp | 20.8 bp −$21 | 58.9 bp −$589 | 556.0 bp −$55.6K | 1124.7 bp −$562.4K |
| Sell BloFin live order book, 70 min ago | 2.16 bp | 18.3 bp −$18 | 51.7 bp −$517 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AVNT-PERP-INTX | −0.0856% | 1h | 0.1169 | −0.654% | $14K | $12K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0850% | 1h | 0.1180 | +0.272% | $277 | $123 | 10x | as long as short |
| Backpack AVNT_USDC_PERP | −0.0510% | 1h | 0.1181 | +0.280% | $32K | $26K | 5x | as long as short |
| BloFin AVNT-USDTshort | +0.0070% | 4h | 0.1182 | +0.425% | $169K | $64K | 75x | |
| Lighter AVNT | +0.0096% | 1h | 0.1182 | +0.408% | $53K | $63K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1177 | −0.034% | $692K | $303K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1178 | +0.068% | $31K | $26K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1177 | −0.008% | $3.3M | $6.2M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1177 | −0.034% | $2.9M | $2.4M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1176 | −0.068% | $728K | $2.0M | 20x | as long as short |
Coinbase International AVNT-PERP-INTX
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1179 | +0.153% | $284K | $144K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1177 | −0.017% | $2.4M | $891K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1178 | +0.076% | $2.2M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1178 | +0.110% | $685K | $236K | 20x | as long as short |
| BingX AVNT-USDTlong | +0.0100% | 4h | 0.1177 | long leg | — | $6.6M | — | |
| Variational Omni AVNT | +0.0100% | 4h | 0.1175 | −0.196% | $22K | $45K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1180 | +0.195% | $196K | $944K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1184 | +0.586% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1181 | +0.348% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1176 | −0.092% | $26K | $237K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0294% / S −0.0838% | 1h | 0.1182 | +0.411% | $8K | — | 100x | as long as short |
Gate AVNT_USDT
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]