Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0708%/8h= +77.5% APRpaid last 24h +0.245%

Price spread now: GMX against KuCoin+0.031%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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—needs both histories

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and GMX is 0.031% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread 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	KuCoin AVNTUSDTM	0.1179	0.0100	pay 0.0050% / 4h	2h 12m	$2.2M	$4.5M	25x
Short	GMX AVNT/USD [ETH-USDC]	0.1179	L +0.0290% / S −0.0808%	get 0.0101% / 1h	12m 05s	$7K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against KuCoin. 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 KuCoinbpFee GMXbpOrdersPrice spread, now +0.031%Rate

Funding earned: $148.6
Price spread: +0.031% → 0.000%: $3.14
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $127.74
Costs to cover: 0.240%
Break-even: 1.0 days

Slippage unknown: KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago	3.40 bp	51.2 bp −$51	843.7 bp −$8,437	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	−0.1552%	1h	0.1179	+0.042%	$14K	$22K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0598%	1h	0.1178	−0.025%	$154	$245	10x	as long as short
Backpack AVNT_USDC_PERP	−0.0203%	1h	0.1179	+0.068%	$31K	$47K	5x	as long as short
Aster AVNTUSDT	+0.0086%	4h	0.1179	+0.034%	$31K	$45K	5x	as long as short
Lighter AVNT	+0.0096%	1h	0.1184	+0.441%	$54K	$51K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1178	−0.051%	$690K	$346K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1178	−0.045%	$3.3M	$7.7M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1176	−0.187%	$2.9M	$2.8M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1178	−0.017%	$734K	$2.3M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1177	−0.136%	$249K	$216K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AVNT_USDT	+0.0100%	4h	0.1178	−0.051%	$2.6M	$1.0M	100x	as long as short
KuCoin AVNTUSDTMlong	+0.0100%	4h	0.1179	long leg	$2.2M	$4.5M	25x
Bitget AVNTUSDT	+0.0100%	4h	0.1179	+0.017%	$679K	$332K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1177	−0.093%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1174	−0.407%	$18K	$117K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1177	−0.136%	$196K	$952K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1182	+0.272%	$2K	$1.4M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1176	−0.246%	$36K	$69K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1178	−0.068%	$20K	$258K	10x	as long as short
BloFin AVNT-USDT	+0.0116%	4h	0.1179	+0.008%	$162K	$55K	75x	as long as short
GMX AVNT/USD [ETH-USDC]short	L +0.0290% / S −0.0808%	1h	0.1179	+0.031%	$7K	—	100x