Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h −0.050%

Price spread now: Gate against GMX−0.022%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Gate

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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.022% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1183	L +0.0294% / S −0.0838%	pay 0.0037% / 1h	7m 10s	$8K	—	100x
Short	Gate AVNT_USDT	0.1183	0.0100	get 0.0100% / 8h	6h 07m	$277K	$128K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GMX. 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 GMXbpFee GatebpOrdersPrice spread, now −0.022%Rate

Funding earned: −$40.72
Price spread: −0.022% → 0.000%: −$2.2
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.92
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Gate: live order book, 54 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 GMX no order-book sample	—	—	—	—	—
Sell Gate live order book, 54 min ago	8.62 bp	70.2 bp −$70	doesn't fit	doesn't fit	doesn't fit

GMX: 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 20 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	−0.0764%	1h	0.1182	−0.081%	$278	$123	10x	as long as short
Coinbase International AVNT-PERP-INTX	−0.0368%	1h	0.1169	−1.163%	$14K	$12K	50x	as long as short
Lighter AVNT	+0.0096%	1h	0.1188	+0.409%	$53K	$65K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1183	−0.061%	$697K	$303K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1184	+0.029%	$31K	$26K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1182	−0.090%	$3.3M	$6.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1182	−0.090%	$3.0M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1182	−0.149%	$735K	$2.0M	20x	as long as short
Gate AVNT_USDTshort	+0.0100%	8h	0.1183	−0.022%	$277K	$128K	50x
MEXC AVNT_USDT	+0.0100%	4h	0.1182	−0.106%	$2.4M	$890K	100x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AVNTUSDTM	+0.0100%	4h	0.1182	−0.081%	$2.2M	$4.5M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1182	−0.106%	$689K	$235K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1182	−0.090%	—	$6.6M	—	as long as short
Backpack AVNT_USDC_PERP	+0.0100%	1h	0.1183	+0.020%	$32K	$42K	5x	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1184	+0.100%	$22K	$45K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1181	−0.158%	$200K	$961K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1184	+0.037%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1182	−0.064%	$36K	$62K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1182	−0.123%	$26K	$239K	10x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0294% / S −0.0838%	1h	0.1183	long leg	$8K	—	100x