Settings8H · net · $10k
Funding arb · Price arb /

AVNT

all AVNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.005%
Price spread now: Hyperliquid against BloFin+0.017%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$800.800% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.293%−$29 on $10k
Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.017%, 7d avg −0.011%
Together, before fees−0.263%+ Points / potential airdropHyperliquid: Season 2 · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Hyperliquid is 0.029% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.293%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AVNT-USDT0.11540.0082pay 0.0041% / 4h1h 54m$165K$73K75x
ShortHyperliquid AVNT0.11540.0100get 0.0013% / 1h54m 56s$678K$294K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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

Funding earned
$3.85
Price spread: +0.017% → −0.011%
$2.88
Slippage, 4 orders
−$59.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$73.29
Costs to cover
0.800%
Break-even
140.4 days
Slippage from BloFin: live order book, 19 min ago; Hyperliquid: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 19 min ago3.48 bp15.2 bp −$1541.5 bp −$415doesn't fitdoesn't fit
Sell Hyperliquid live order book, 25 min ago1.30 bp25.8 bp −$26doesn't fitdoesn't fitdoesn't fit

AVNT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AVNT_USDC-PERPETUAL−0.0530%1h0.1154−0.017%$271$26710xas long as short
KuCoin AVNTUSDTM−0.0218%4h0.1153−0.078%$2.2M$4.4M25xas long as short
Backpack AVNT_USDC_PERP−0.0182%1h0.1155+0.113%$30K$41K5xas long as short
BloFin AVNT-USDTlong+0.0082%4h0.1154long leg$165K$73K75x
Lighter AVNT+0.0096%1h0.1157+0.277%$52K$66K5xas long as short
Hyperliquid AVNTshort+0.0100%1h0.1154+0.017%$678K$294K5x
Aster AVNTUSDT+0.0100%4h0.1154−0.015%$31K$22K5xas long as short
Binance AVNTUSDT+0.0100%4h0.1154−0.003%$3.2M$5.9M50xas long as short
Bybit AVNTUSDT+0.0100%4h0.1153−0.113%$2.8M$2.3M50xas long as short
OKX AVNT-USDT-SWAP+0.0100%4h0.1155+0.078%$695K$1.8M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AVNT_USDT+0.0100%8h0.1152−0.156%$229K$102K50xas long as short
MEXC AVNT_USDT+0.0100%4h0.1153−0.069%$2.5M$774K100xas long as short
Bitget AVNTUSDT+0.0100%4h0.1153−0.061%$654K$191K20xas long as short
BingX AVNT-USDT+0.0100%4h0.1154−0.009%$6.6Mas long as short
Variational Omni AVNT+0.0100%4h0.1152−0.169%$21K$47Kas long as short
GRVT AVNT_USDT_Perp+0.0100%4h0.1150−0.329%$195K$1.1M10xas long as short
SunX AVNT-USDT+0.0100%4h0.1155+0.121%$2K$1.2M20xas long as short
HTX AVNT-USDT+0.0100%4h0.1149−0.433%$35K$66K10xas long as short
Extended AVNT-USD+0.0104%1h0.1154+0.011%$25K$210K10xas long as short
Coinbase International AVNT-PERP-INTX+0.0272%1h0.1155+0.121%$17K$10K50xas long as short
GMX AVNT/USD [ETH-USDC]L +0.0290% / S −0.0838%1h0.1154+0.014%$7K100xas long as short