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

AVNT

all AVNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Hyperliquid against Bybit+0.086%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1001.003% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.222%−$22 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.086%, 7d avg +0.004%
Together, before fees−0.294%+ Points / potential airdropHyperliquid: Season 2 · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.082% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AVNTUSDT0.11570.0100pay 0.0050% / 4h11m 56s$2.8M$2.2M50x
ShortHyperliquid AVNT0.11580.0100get 0.0013% / 1h11m 56s$686K$299K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.086% → +0.004%
$8.23
Slippage, 4 orders
−$80.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$92.08
Costs to cover
1.003%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 58 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 Bybit live order book, 5 min ago1.73 bp28.5 bp −$29122.7 bp −$1,227doesn't fitdoesn't fit
Sell Hyperliquid live order book, 58 min ago1.30 bp23.2 bp −$23doesn'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−0.0527%1h0.1157+0.043%$272$12310xas long as short
KuCoin AVNTUSDTM−0.0252%4h0.1157+0.061%$2.2M$4.5M25xas long as short
BloFin AVNT-USDT+0.0048%4h0.1157+0.061%$164K$66K75xas long as short
Backpack AVNT_USDC_PERP+0.0084%1h0.1158+0.164%$31K$41K5xas long as short
Lighter AVNT+0.0096%1h0.1162+0.432%$52K$66K5xas long as short
Hyperliquid AVNTshort+0.0100%1h0.1158+0.086%$686K$299K5x
Aster AVNTUSDT+0.0100%4h0.1157+0.073%$31K$19K5xas long as short
Binance AVNTUSDT+0.0100%4h0.1157+0.057%$3.2M$6.0M50xas long as short
Bybit AVNTUSDTlong+0.0100%4h0.1157long leg$2.8M$2.2M50x
OKX AVNT-USDT-SWAP+0.0100%4h0.1157+0.043%$693K$1.8M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AVNT_USDT+0.0100%8h0.1157+0.043%$230K$102K50xas long as short
MEXC AVNT_USDT+0.0100%4h0.1158+0.130%$2.4M$820K100xas long as short
Bitget AVNTUSDT+0.0100%4h0.1158+0.095%$655K$202K20xas long as short
BingX AVNT-USDT+0.0100%4h0.1157+0.017%$6.6Mas long as short
Variational Omni AVNT+0.0100%4h0.1156−0.049%$21K$47Kas long as short
GRVT AVNT_USDT_Perp+0.0100%4h0.1156−0.043%$195K$1.0M10xas long as short
SunX AVNT-USDT+0.0100%4h0.1159+0.259%$2K$1.2M20xas long as short
HTX AVNT-USDT+0.0100%4h0.1160+0.311%$35K$66K10xas long as short
Extended AVNT-USD+0.0104%1h0.1157+0.033%$25K$208K10xas long as short
Coinbase International AVNT-PERP-INTX+0.0288%1h0.1155−0.112%$17K$9K50xas long as short
GMX AVNT/USD [ETH-USDC]L +0.0290% / S −0.0838%1h0.1158+0.125%$7K100xas long as short