Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h +0.001%

Price spread now: Extended against Bybit−0.048%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$192as in the Price arb table

costs, in and out, $10k−$1891.895% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.048%, 7d avg −0.027%

Together, before fees+0.068%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.021% cheaper against Bybit than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.027%). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.062% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVNTUSDT	0.1149	−0.0042	get 0.0021% / 4h	2h 43m	$2.8M	$2.3M	50x
Short	Extended AVNT-USD	0.1148	0.0104	get 0.0013% / 1h	43m 21s	$25K	$210K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee ExtendedbpOrdersPrice spread, now −0.048%Rate

Funding earned: $30.7
Price spread: −0.048% → −0.027%: −$2.11
Slippage, 4 orders: −$173.5
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$160.91
Costs to cover: 1.895%
Break-even: 43.7 days

Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 43 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 Bybit live order book, 4 min ago	2.61 bp	38.8 bp −$39	144.1 bp −$1,441	doesn't fit	doesn't fit
Sell Extended live order book, 43 min ago	12.98 bp	56.7 bp −$57	374.5 bp −$3,745	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	−0.0793%	1h	0.1149	+0.044%	$270	$267	10x	as long as short
KuCoin AVNTUSDTM	−0.0232%	4h	0.1148	−0.061%	$2.2M	$4.5M	25x	as long as short
Bybit AVNTUSDTlong	−0.0042%	4h	0.1149	long leg	$2.8M	$2.3M	50x
Lighter AVNT	+0.0096%	1h	0.1153	+0.392%	$50K	$63K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1149	0.000%	$668K	$291K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1148	−0.062%	$31K	$22K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1149	−0.011%	$3.2M	$6.0M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1148	−0.078%	$691K	$1.8M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1149	+0.009%	$227K	$102K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1148	−0.078%	$2.5M	$774K	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget AVNTUSDT	+0.0100%	4h	0.1149	+0.044%	$651K	$191K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1148	−0.070%	—	$6.6M	—	as long as short
Backpack AVNT_USDC_PERP	+0.0100%	1h	0.1150	+0.096%	$30K	$42K	5x	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1149	−0.004%	$21K	$47K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1149	+0.028%	$195K	$1.1M	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1152	+0.226%	$1K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1148	−0.052%	$35K	$67K	10x	as long as short
Extended AVNT-USDshort	+0.0104%	1h	0.1148	−0.048%	$25K	$210K	10x
BloFin AVNT-USDT	+0.0143%	4h	0.1147	−0.191%	$167K	$73K	75x	as long as short
Coinbase International AVNT-PERP-INTX	+0.0240%	1h	0.1155	+0.548%	$17K	$10K	50x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0290% / S −0.0838%	1h	0.1150	+0.084%	$7K	—	100x	as long as short