Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BloFin−0.144%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1151.152% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.144%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.137% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AVNT-USDT | 0.1178 | 0.0131 | pay 0.0066% / 4h | 46m 52s | $163K | $56K | 75x |
| Short | Bybit AVNTUSDT | 0.1177 | 0.0100 | get 0.0050% / 4h | 46m 52s | $2.9M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$6.61
- Price spread: −0.144% → −0.007%
- −$13.72
- Slippage, 4 orders
- −$92.15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.49
- Costs to cover
- 1.152%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 23 min ago; Bybit: live order book, 5 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 BloFin live order book, 23 min ago | 2.12 bp | 23.3 bp −$23 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 1.70 bp | 38.0 bp −$38 | 131.9 bp −$1,319 | 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 | −0.0683% | 1h | 0.1178 | −0.025% | $154 | $245 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0440% | 1h | 0.1179 | +0.076% | $14K | $21K | 50x | as long as short |
| Backpack AVNT_USDC_PERP | +0.0061% | 1h | 0.1179 | +0.102% | $31K | $48K | 5x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1184 | +0.501% | $54K | $48K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1179 | +0.042% | $706K | $337K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1180 | +0.115% | $31K | $51K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1178 | −0.046% | $3.3M | $7.4M | 50x | as long as short |
| Bybit AVNTUSDTshort | +0.0100% | 4h | 0.1177 | −0.144% | $2.9M | $2.7M | 50x | |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1177 | −0.068% | $718K | $2.2M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1178 | −0.017% | $244K | $200K | 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 | 0.1178 | −0.017% | $2.6M | $997K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1179 | +0.059% | $2.2M | $4.4M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1178 | +0.008% | $676K | $318K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1179 | +0.093% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1175 | −0.274% | $18K | $116K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1178 | −0.033% | $198K | $944K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1181 | +0.255% | $1K | $1.4M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1178 | −0.017% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1177 | −0.076% | $17K | $264K | 10x | as long as short |
| BloFin AVNT-USDTlong | +0.0131% | 4h | 0.1178 | long leg | $163K | $56K | 75x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0808% | 1h | 0.1179 | +0.032% | $7K | — | 100x | as long as short |
BloFin AVNT-USDT
Bybit AVNTUSDT
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
Backpack AVNT_USDC_PERP
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
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]