Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h +0.259%

Price spread now: GRVT against Coinbase International+0.241%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.241% dearer against Coinbase International than usual: you sell high and buy low (spread +0.241% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVNT-PERP-INTX	0.1155	0.0288	pay 0.0036% / 1h	28m 31s	$17K	$9K	50x
Short	GRVT AVNT_USDT_Perp	0.1158	0.0100	get 0.0050% / 4h	28m 31s	$196K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GRVTbpOrdersPrice spread, now +0.241%Rate

Funding earned: −$39.48
Price spread: +0.241% → 0.000%: $24.13
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$34.35
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; GRVT: live order book, 5 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 GRVT live order book, 5 min ago	4.32 bp	47.6 bp −$48	83.7 bp −$837	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
Deribit AVNT_USDC-PERPETUAL	−0.0614%	1h	0.1157	+0.130%	$272	$267	10x	as long as short
KuCoin AVNTUSDTM	−0.0222%	4h	0.1156	+0.061%	$2.2M	$4.5M	25x	as long as short
Backpack AVNT_USDC_PERP	−0.0034%	1h	0.1158	+0.234%	$31K	$41K	5x	as long as short
BloFin AVNT-USDT	+0.0092%	4h	0.1156	+0.043%	$165K	$74K	75x	as long as short
Lighter AVNT	+0.0096%	1h	0.1162	+0.563%	$52K	$66K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1157	+0.164%	$685K	$301K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1157	+0.147%	$31K	$19K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1156	+0.082%	$3.2M	$6.0M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1156	+0.052%	$2.8M	$2.3M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1156	+0.069%	$693K	$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_USDT	+0.0100%	8h	0.1157	+0.156%	$230K	$102K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1157	+0.156%	$2.4M	$819K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1158	+0.251%	$656K	$201K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1156	+0.104%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1156	+0.079%	$21K	$47K	—	as long as short
GRVT AVNT_USDT_Perpshort	+0.0100%	4h	0.1158	+0.241%	$196K	$1.0M	10x
SunX AVNT-USDT	+0.0100%	4h	0.1159	+0.294%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1157	+0.156%	$35K	$66K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1156	+0.062%	$25K	$209K	10x	as long as short
Coinbase International AVNT-PERP-INTXlong	+0.0288%	1h	0.1155	long leg	$17K	$9K	50x
GMX AVNT/USD [ETH-USDC]	L +0.0290% / S −0.0838%	1h	0.1157	+0.174%	$7K	—	100x	as long as short