Funding you earn now, next payment 08:00 UTC−0.0519%/8h= −56.9% APRnext payment −$0.65 per $10,000 · paid last 24h +0.021%
Price spread now: Deribit against Coinbase International−0.865%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Deribit is 0.865% cheaper against Coinbase International than usual: you would sell low and buy high (−$87 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AVNT-PERP-INTX | 0.1179 | 0 | get 0.0000% / 1h | 39m 23s | $14K | $21K | 50x |
| Short | Deribit AVNT_USDC-PERPETUAL | 0.1169 | −0.0519 | pay 0.0065% / 1h | 39m 23s | $153 | $445 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. 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
- −$109.06
- Price spread: −0.865% → 0.000%
- −$86.51
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$212.56
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Deribit: no order-book sample. Net counts fees only.
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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Coinbase International and Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-PERPETUALshort | −0.0519% | 1h | 0.1169 | −0.865% | $153 | $445 | 10x | |
| Backpack AVNT_USDC_PERP | −0.0448% | 1h | 0.1171 | −0.729% | $31K | $48K | 5x | as long as short |
| Coinbase International AVNT-PERP-INTXlong | 0.0000% | 1h | 0.1179 | long leg | $14K | $21K | 50x | |
| Variational Omni AVNT | +0.0060% | 4h | 0.1169 | −0.873% | $18K | $114K | — | as long as short |
| BloFin AVNT-USDT | +0.0066% | 4h | 0.1171 | −0.687% | $162K | $56K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1174 | −0.449% | $53K | $46K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1170 | −0.746% | $699K | $307K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1169 | −0.841% | $31K | $52K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1170 | −0.797% | $3.2M | $7.2M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1169 | −0.857% | $2.9M | $2.3M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1169 | −0.831% | $715K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1169 | −0.857% | $242K | $199K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1170 | −0.772% | $2.5M | $995K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1170 | −0.738% | $2.2M | $4.3M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1171 | −0.687% | $667K | $313K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1169 | −0.823% | — | $6.6M | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1173 | −0.518% | $202K | $924K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1173 | −0.509% | $1K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1172 | −0.577% | $36K | $50K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1169 | −0.856% | $17K | $264K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1172 | −0.587% | $7K | — | 100x | as long as short |
Coinbase International AVNT-PERP-INTX
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
Variational Omni AVNT
BloFin AVNT-USDT
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
BingX AVNT-USDT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]