Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.044%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$197as in the Price arb table
costs, in and out, $10k−$1921.922% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.044%, 7d avg +0.001%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.044% cheaper against Gate than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AVNT_USDT | 0.1149 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $227K | $102K | 50x |
| Short | Bybit AVNTUSDT | 0.1148 | 0.0004 | get 0.0002% / 4h | 2h 41m | $2.8M | $2.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- −$20.15
- Price spread: −0.044% → +0.001%
- −$4.41
- Slippage, 4 orders
- −$166.22
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$216.78
- Costs to cover
- 1.922%
- Break-even
- never at this rate
Slippage from Gate: live order book, 42 min ago; Bybit: live order book, 1 min ago.
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 Gate live order book, 42 min ago | 8.69 bp | 60.0 bp −$60 | 7269.8 bp −$72.7K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.92 bp | 40.4 bp −$40 | 141.2 bp −$1,412 | doesn't fit | doesn't fit |
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 | −0.0967% | 1h | 0.1149 | +0.035% | $270 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTM | −0.0222% | 4h | 0.1149 | −0.017% | $2.2M | $4.5M | 25x | as long as short |
| Bybit AVNTUSDTshort | +0.0004% | 4h | 0.1148 | −0.044% | $2.8M | $2.3M | 50x | |
| Backpack AVNT_USDC_PERP | +0.0091% | 1h | 0.1150 | +0.131% | $30K | $42K | 5x | as long as short |
| BloFin AVNT-USDT | +0.0096% | 4h | 0.1147 | −0.200% | $168K | $73K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1154 | +0.470% | $50K | $63K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1149 | +0.017% | $668K | $291K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1150 | +0.100% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1149 | −0.017% | $3.2M | $6.0M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1150 | +0.061% | $692K | $1.8M | 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_USDTlong | +0.0100% | 8h | 0.1149 | long leg | $227K | $102K | 50x | |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1149 | 0.000% | $2.5M | $776K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1150 | +0.096% | $652K | $191K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1149 | −0.026% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1149 | −0.013% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1149 | +0.019% | $195K | $1.1M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1152 | +0.244% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1149 | −0.017% | $35K | $67K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1148 | −0.044% | $25K | $210K | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0240% | 1h | 0.1155 | +0.540% | $17K | $10K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1151 | +0.138% | $7K | — | 100x | as long as short |
Gate AVNT_USDT
Bybit AVNTUSDT
Deribit AVNT_USDC-PERPETUAL
KuCoin AVNTUSDTM
Backpack AVNT_USDC_PERP
BloFin AVNT-USDT
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]