Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0468%/8h= +51.2% APRpaid last 24h +0.273%

Price spread now: Gate against Coinbase International−1.582%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Gate is 1.582% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.582% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$158 on $10k: about 11 days of funding at the current rate (+$14 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVNT-PERP-INTX	0.1169	−0.0368	get 0.0046% / 1h	55m 27s	$14K	$12K	50x
Short	Gate AVNT_USDT	0.1151	0.0100	get 0.0100% / 8h	6h 55m	$230K	$98K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 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 Coinbase InternationalbpFee GatebpOrdersPrice spread, now −1.582%Rate

Funding earned: $98.28
Price spread: −1.582% → 0.000%: −$158.19
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$84.91
Costs to cover: 0.250%
Break-even: 13.0 days

Slippage unknown: Coinbase International: no order-book sample; Gate: live order book, 6 min ago. 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 Gate live order book, 6 min ago	8.62 bp	70.2 bp −$70	doesn't fit	doesn't fit	doesn't fit

Coinbase International: 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
Coinbase International AVNT-PERP-INTXlong	−0.0368%	1h	0.1169	long leg	$14K	$12K	50x
Backpack AVNT_USDC_PERP	−0.0286%	1h	0.1152	−1.462%	$31K	$42K	5x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0184%	1h	0.1153	−1.454%	$271	$123	10x	as long as short
KuCoin AVNTUSDTM	+0.0066%	4h	0.1152	−1.522%	$2.2M	$4.4M	25x	as long as short
Lighter AVNT	+0.0096%	1h	0.1157	−1.043%	$52K	$64K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1152	−1.505%	$679K	$316K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1152	−1.462%	$31K	$20K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1152	−1.502%	$3.2M	$6.1M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1152	−1.513%	$2.9M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1151	−1.599%	$709K	$1.9M	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AVNT_USDTshort	+0.0100%	8h	0.1151	−1.582%	$230K	$98K	50x
MEXC AVNT_USDT	+0.0100%	4h	0.1152	−1.496%	$2.4M	$845K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1153	−1.454%	$653K	$215K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1152	−1.539%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1152	−1.512%	$21K	$46K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1162	−0.665%	$196K	$959K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1153	−1.402%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1160	−0.821%	$35K	$66K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1152	−1.513%	$25K	$242K	10x	as long as short
BloFin AVNT-USDT	+0.0147%	4h	0.1161	−0.770%	$165K	$65K	75x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0291% / S −0.0838%	1h	0.1152	−1.538%	$7K	—	100x	as long as short