Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.050%

Price spread now: SunX against GMX+0.271%7-day average — · you sell dearer than you buy

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

Long on GMX Short on SunX

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. SunX is 0.271% dearer against GMX than usual: you sell high and buy low (spread +0.271% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1206	L +0.0292% / S −0.0808%	pay 0.0037% / 1h	55m 55s	$8K	—	100x
Short	SunX AVNT-USDT	0.1209	0.0100	get 0.0050% / 4h	3h 55m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.271%Rate

Funding earned: −$40.35
Price spread: +0.271% → 0.000%: $27.12
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$33.23
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; SunX: live order book, 9 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 SunX live order book, 9 min ago	477.13 bp	doesn't fit	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 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	−0.1490%	1h	0.1205	−0.102%	$283	$123	10x	as long as short
Coinbase International AVNT-PERP-INTX	−0.1456%	1h	0.1202	−0.284%	$17K	$19K	50x	as long as short
Backpack AVNT_USDC_PERP	−0.0951%	1h	0.1207	+0.072%	$32K	$45K	5x	as long as short
Bybit AVNTUSDT	−0.0545%	4h	0.1205	−0.102%	$3.1M	$2.7M	50x	as long as short
KuCoin AVNTUSDTM	−0.0144%	4h	0.1206	+0.006%	$2.2M	$4.6M	25x	as long as short
Aster AVNTUSDT	−0.0093%	4h	0.1207	+0.106%	$32K	$36K	5x	as long as short
OKX AVNT-USDT-SWAP	−0.0021%	4h	0.1204	−0.168%	$766K	$2.3M	20x	as long as short
BloFin AVNT-USDT	+0.0050%	4h	0.1204	−0.135%	$171K	$55K	75x	as long as short
Lighter AVNT	+0.0096%	1h	0.1211	+0.396%	$55K	$56K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1205	−0.044%	$706K	$336K	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVNTUSDT	+0.0100%	4h	0.1205	−0.094%	$3.4M	$7.4M	50x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1206	+0.006%	$284K	$184K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1205	−0.077%	$2.4M	$950K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1206	+0.022%	$717K	$319K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1204	−0.127%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1204	−0.169%	$54K	$83K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1209	+0.245%	$200K	$1.0M	10x	as long as short
SunX AVNT-USDTshort	+0.0100%	4h	0.1209	+0.271%	$2K	$1.4M	20x
HTX AVNT-USDT	+0.0100%	4h	0.1208	+0.138%	$38K	$72K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1204	−0.133%	$26K	$224K	10x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0292% / S −0.0808%	1h	0.1206	long leg	$8K	—	100x