Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%
Price spread now: Backpack against Hyperliquid−0.147%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.147% cheaper against Hyperliquid than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AVNT | 0.1160 | 0.0100 | pay 0.0013% / 1h | 52m 20s | $684K | $316K | 5x |
| Short | Backpack AVNT_USDC_PERP | 0.1159 | 0.0100 | get 0.0013% / 1h | 52m 20s | $31K | $43K | 5x |
Hyperliquid AVNT
Backpack AVNT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Hyperliquid. 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
- $0
- Price spread: −0.147% → 0.000%
- −$14.65
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$33.65
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 68 min ago; Backpack: 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 Hyperliquid live order book, 68 min ago | 1.29 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
Backpack: 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 | −0.0368% | 1h | 0.1169 | +0.784% | $14K | $12K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | 0.0000% | 1h | 0.1159 | −0.078% | $272 | $123 | 10x | as long as short |
| KuCoin AVNTUSDTM | +0.0078% | 4h | 0.1160 | −0.026% | $2.2M | $4.4M | 25x | as long as short |
| BloFin AVNT-USDT | +0.0089% | 4h | 0.1156 | −0.396% | $165K | $65K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1163 | +0.250% | $52K | $64K | 5x | as long as short |
| Hyperliquid AVNTlong | +0.0100% | 1h | 0.1160 | long leg | $684K | $316K | 5x | |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1158 | −0.199% | $31K | $20K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1160 | −0.017% | $3.2M | $6.1M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1160 | −0.052% | $2.9M | $2.4M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1158 | −0.181% | $714K | $1.9M | 20x | as long as short |
Coinbase International AVNT-PERP-INTX
Deribit AVNT_USDC-PERPETUAL
KuCoin AVNTUSDTM
BloFin AVNT-USDT
Lighter AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1158 | −0.207% | $232K | $98K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1159 | −0.121% | $2.4M | $856K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1160 | −0.017% | $657K | $215K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1160 | −0.060% | — | $6.6M | — | as long as short |
| Backpack AVNT_USDC_PERPshort | +0.0100% | 1h | 0.1159 | −0.147% | $31K | $43K | 5x | |
| Variational Omni AVNT | +0.0100% | 4h | 0.1152 | −0.739% | $21K | $46K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1153 | −0.639% | $195K | $959K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1159 | −0.121% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1156 | −0.362% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1158 | −0.165% | $25K | $245K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0291% / S −0.0838% | 1h | 0.1160 | −0.021% | $7K | — | 100x | as long as short |
Gate AVNT_USDT
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]