Settings8H · net · $10k
Funding arb · Price arb /

AVNT

all AVNT markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVNT_USDT0.11490.0100pay 0.0100% / 8h2h 41m$227K$102K50x
ShortBybit AVNTUSDT0.11480.0004get 0.0002% / 4h2h 41m$2.8M$2.3M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 42 min ago8.69 bp60.0 bp −$607269.8 bp −$72.7Kdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago3.92 bp40.4 bp −$40141.2 bp −$1,412doesn't fitdoesn't fit

AVNT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AVNT_USDC-PERPETUAL−0.0967%1h0.1149+0.035%$270$26710xas long as short
KuCoin AVNTUSDTM−0.0222%4h0.1149−0.017%$2.2M$4.5M25xas long as short
Bybit AVNTUSDTshort+0.0004%4h0.1148−0.044%$2.8M$2.3M50x
Backpack AVNT_USDC_PERP+0.0091%1h0.1150+0.131%$30K$42K5xas long as short
BloFin AVNT-USDT+0.0096%4h0.1147−0.200%$168K$73K75xas long as short
Lighter AVNT+0.0096%1h0.1154+0.470%$50K$63K5xas long as short
Hyperliquid AVNT+0.0100%1h0.1149+0.017%$668K$291K5xas long as short
Aster AVNTUSDT+0.0100%4h0.1150+0.100%$31K$22K5xas long as short
Binance AVNTUSDT+0.0100%4h0.1149−0.017%$3.2M$6.0M50xas long as short
OKX AVNT-USDT-SWAP+0.0100%4h0.1150+0.061%$692K$1.8M20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate AVNT_USDTlong+0.0100%8h0.1149long leg$227K$102K50x
MEXC AVNT_USDT+0.0100%4h0.11490.000%$2.5M$776K100xas long as short
Bitget AVNTUSDT+0.0100%4h0.1150+0.096%$652K$191K20xas long as short
BingX AVNT-USDT+0.0100%4h0.1149−0.026%$6.6Mas long as short
Variational Omni AVNT+0.0100%4h0.1149−0.013%$21K$47Kas long as short
GRVT AVNT_USDT_Perp+0.0100%4h0.1149+0.019%$195K$1.1M10xas long as short
SunX AVNT-USDT+0.0100%4h0.1152+0.244%$1K$1.2M20xas long as short
HTX AVNT-USDT+0.0100%4h0.1149−0.017%$35K$67K10xas long as short
Extended AVNT-USD+0.0104%1h0.1148−0.044%$25K$210K10xas long as short
Coinbase International AVNT-PERP-INTX+0.0240%1h0.1155+0.540%$17K$10K50xas long as short
GMX AVNT/USD [ETH-USDC]L +0.0290% / S −0.0838%1h0.1151+0.138%$7K100xas long as short