Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.232%

Price spread now: SunX against Coinbase International−0.365%7-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 SunX

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. SunX is 0.365% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.365% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day).

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	22m 20s	$14K	$17K	50x
Short	SunX AVNT-USDT	0.1175	0.0100	get 0.0050% / 4h	3h 22m	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.365%Rate

Funding earned: $21
Price spread: −0.365% → 0.000%: −$36.47
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$33.47
Costs to cover: 0.180%
Break-even: 18.2 days

Slippage unknown: Coinbase International: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago	491.37 bp	doesn't fit	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
Backpack AVNT_USDC_PERP	−0.0532%	1h	0.1170	−0.738%	$31K	$47K	5x	as long as short
Deribit AVNT_USDC-PERPETUAL	0.0000%	1h	0.1172	−0.611%	$154	$445	10x	as long as short
Coinbase International AVNT-PERP-INTXlong	0.0000%	1h	0.1179	long leg	$14K	$17K	50x
Variational Omni AVNT	+0.0008%	4h	0.1158	−1.830%	$18K	$114K	—	as long as short
Gate AVNT_USDT	+0.0026%	8h	0.1169	−0.857%	$242K	$199K	50x	as long as short
BloFin AVNT-USDT	+0.0051%	4h	0.1168	−0.907%	$162K	$55K	75x	as long as short
Lighter AVNT	+0.0096%	1h	0.1173	−0.534%	$52K	$48K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1171	−0.687%	$700K	$307K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1171	−0.668%	$31K	$52K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1172	−0.622%	$3.2M	$7.1M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit AVNTUSDT	+0.0100%	4h	0.1170	−0.738%	$2.9M	$2.3M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1171	−0.721%	$708K	$2.0M	20x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1171	−0.687%	$2.5M	$999K	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1171	−0.721%	$2.2M	$4.3M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1172	−0.636%	$671K	$315K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1170	−0.746%	—	$6.6M	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1162	−1.446%	$191K	$933K	10x	as long as short
SunX AVNT-USDTshort	+0.0100%	4h	0.1175	−0.365%	$1K	$1.3M	20x
HTX AVNT-USDT	+0.0100%	4h	0.1171	−0.662%	$36K	$50K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1171	−0.708%	$17K	$268K	10x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0289% / S −0.0808%	1h	0.1169	−0.835%	$7K	—	100x	as long as short