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

AVNT

all AVNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Bybit against Hyperliquid−0.156%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.222%+$22 on $10k
Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.156%, 7d avg −0.004%
Together, before fees+0.363%+ Points / potential airdropHyperliquid: Season 2 · farm board+$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.151% cheaper against Hyperliquid than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AVNT0.11570.0100pay 0.0013% / 1h36m 46s$685K$301K5x
ShortBybit AVNTUSDT0.11550.0100get 0.0050% / 4h36m 46s$2.8M$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Hyperliquid. 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
$0
Price spread: −0.156% → −0.004%
−$15.14
Slippage, 4 orders
−$81.4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$116.54
Costs to cover
1.014%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 33 min ago; Bybit: live order book, 5 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 Hyperliquid live order book, 33 min ago1.30 bp14.2 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.73 bp31.9 bp −$32116.5 bp −$1,165doesn'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−0.0441%1h0.1157−0.009%$272$26710xas long as short
KuCoin AVNTUSDTM−0.0164%4h0.1156−0.043%$2.2M$4.5M25xas long as short
Backpack AVNT_USDC_PERP+0.0069%1h0.1157+0.052%$31K$41K5xas long as short
Lighter AVNT+0.0096%1h0.1162+0.458%$52K$66K5xas long as short
Hyperliquid AVNTlong+0.0100%1h0.1157long leg$685K$301K5x
Aster AVNTUSDT+0.0100%4h0.1158+0.075%$31K$19K5xas long as short
Binance AVNTUSDT+0.0100%4h0.1157−0.017%$3.2M$6.0M50xas long as short
Bybit AVNTUSDTshort+0.0100%4h0.1155−0.156%$2.8M$2.3M50x
OKX AVNT-USDT-SWAP+0.0100%4h0.1157+0.043%$693K$1.9M20xas long as short
Gate AVNT_USDT+0.0100%8h0.1157+0.026%$230K$101K50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AVNT_USDT+0.0100%4h0.1156−0.061%$2.5M$801K100xas long as short
Bitget AVNTUSDT+0.0100%4h0.1157−0.017%$655K$201K20xas long as short
BingX AVNT-USDT+0.0100%4h0.1155−0.121%$6.6Mas long as short
Variational Omni AVNT+0.0100%4h0.1159+0.182%$21K$47Kas long as short
GRVT AVNT_USDT_Perp+0.0100%4h0.1161+0.341%$196K$1.0M10xas long as short
SunX AVNT-USDT+0.0100%4h0.1158+0.104%$2K$1.2M20xas long as short
HTX AVNT-USDT+0.0100%4h0.1157−0.017%$35K$66K10xas long as short
Extended AVNT-USD+0.0104%1h0.1156−0.071%$25K$209K10xas long as short
BloFin AVNT-USDT+0.0137%4h0.1155−0.121%$165K$74K75xas long as short
Coinbase International AVNT-PERP-INTX+0.0288%1h0.1155−0.130%$17K$9K50xas long as short
GMX AVNT/USD [ETH-USDC]L +0.0290% / S −0.0838%1h0.1157+0.051%$7K100xas long as short