Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0708%/8h= +77.5% APRpaid last 24h +0.199%

Price spread now: GMX against GRVT−0.063%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on GMX

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.063% cheaper against GRVT than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AVNT_USDT_Perp	0.1182	0.0100	pay 0.0050% / 4h	1h 59m	$197K	$951K	10x
Short	GMX AVNT/USD [ETH-USDC]	0.1181	L +0.0290% / S −0.0808%	get 0.0101% / 1h	59m 15s	$7K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against GRVT. 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 GRVTbpFee GMXbpOrdersPrice spread, now −0.063%Rate

Funding earned: $148.6
Price spread: −0.063% → 0.000%: −$6.26
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: $121.34
Costs to cover: 0.210%
Break-even: 1.3 days

Slippage unknown: GRVT: live order book, 64 min ago; GMX: 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 GRVT live order book, 64 min ago	4.27 bp	83.4 bp −$83	458.0 bp −$4,580	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Coinbase International AVNT-PERP-INTX	−0.1416%	1h	0.1179	−0.245%	$14K	$22K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0427%	1h	0.1181	−0.118%	$155	$245	10x	as long as short
Lighter AVNT	+0.0096%	1h	0.1185	+0.271%	$54K	$49K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1181	−0.118%	$706K	$348K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1180	−0.178%	$31K	$45K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1181	−0.118%	$3.3M	$7.6M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1179	−0.254%	$2.9M	$2.8M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1181	−0.085%	$735K	$2.3M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1179	−0.254%	$249K	$205K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1180	−0.169%	$2.6M	$1.0M	100x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AVNTUSDTM	+0.0100%	4h	0.1181	−0.102%	$2.2M	$4.5M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1182	−0.025%	$681K	$329K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1181	−0.093%	—	$6.6M	—	as long as short
Backpack AVNT_USDC_PERP	+0.0100%	1h	0.1182	−0.008%	$31K	$47K	5x	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1180	−0.150%	$18K	$117K	—	as long as short
GRVT AVNT_USDT_Perplong	+0.0100%	4h	0.1182	long leg	$197K	$951K	10x
SunX AVNT-USDT	+0.0100%	4h	0.1185	+0.220%	$1K	$1.4M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1183	+0.127%	$37K	$68K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1180	−0.156%	$20K	$258K	10x	as long as short
BloFin AVNT-USDT	+0.0112%	4h	0.1179	−0.245%	$163K	$55K	75x	as long as short
GMX AVNT/USD [ETH-USDC]short	L +0.0290% / S −0.0808%	1h	0.1181	−0.063%	$7K	—	100x