AVNT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0294%/8h= −32.1% APRnext payment −$0.37 per $10,000 · paid last 24h +0.156%

Price spread now: Backpack against Deribit+0.034%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Backpack

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Backpack is 0.034% dearer against Deribit than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVNT_USDC-PERPETUAL	0.1182	−0.0257	get 0.0032% / 1h	44m 30s	$278	$123	10x
Short	Backpack AVNT_USDC_PERP	0.1182	−0.0551	pay 0.0069% / 1h	44m 30s	$32K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Deribit. 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 DeribitbpFee BackpackbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$61.65
Price spread: +0.034% → 0.000%: $3.38
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$75.27
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Backpack: 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 Deribit no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

Deribit and Backpack: 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-INTX	−0.0856%	1h	0.1169	−1.049%	$14K	$12K	50x	as long as short
Backpack AVNT_USDC_PERPshort	−0.0551%	1h	0.1182	+0.034%	$32K	$26K	5x
Deribit AVNT_USDC-PERPETUALlong	−0.0257%	1h	0.1182	long leg	$278	$123	10x
BloFin AVNT-USDT	+0.0070%	4h	0.1174	−0.702%	$168K	$63K	75x	as long as short
Lighter AVNT	+0.0096%	1h	0.1185	+0.288%	$53K	$63K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1181	−0.076%	$695K	$303K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1181	−0.105%	$31K	$26K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1180	−0.142%	$3.3M	$6.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1180	−0.186%	$2.9M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1179	−0.212%	$729K	$2.0M	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	0.1181	−0.076%	$284K	$141K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1181	−0.076%	$2.4M	$891K	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1181	−0.068%	$2.2M	$4.5M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1181	−0.042%	$687K	$236K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1180	−0.161%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1175	−0.593%	$22K	$45K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1175	−0.584%	$202K	$944K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1183	+0.135%	$1K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1174	−0.651%	$36K	$62K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1180	−0.174%	$26K	$237K	10x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0294% / S −0.0838%	1h	0.1181	−0.101%	$8K	—	100x	as long as short