Funding you earn now, next payment 00:00 UTC−0.0362%/8h= −39.6% APRnext payment −$0.45 per $10,000 · paid last 24h −0.207%
Price spread now: Deribit against Lighter−0.249%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Deribit is 0.249% cheaper against Lighter than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AVNT | 0.1166 | 0.0096 | pay 0.0012% / 1h | 52m 37s | $52K | $66K | 5x |
| Short | Deribit AVNT_USDC-PERPETUAL | 0.1163 | −0.0266 | pay 0.0033% / 1h | 52m 37s | $273 | $267 | 10x |
Lighter AVNT
Deribit AVNT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Lighter. 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
- −$75.94
- Price spread: −0.249% → 0.000%
- −$24.87
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$107.81
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Deribit: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Lighter and Deribit: 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-PERPETUALshort | −0.0266% | 1h | 0.1163 | −0.249% | $273 | $267 | 10x | |
| KuCoin AVNTUSDTM | −0.0108% | 4h | 0.1162 | −0.352% | $2.2M | $4.5M | 25x | as long as short |
| Lighter AVNTlong | +0.0096% | 1h | 0.1166 | long leg | $52K | $66K | 5x | |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1163 | −0.292% | $684K | $299K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1163 | −0.255% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1162 | −0.304% | $3.3M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1162 | −0.352% | $2.8M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1163 | −0.232% | $699K | $1.9M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1162 | −0.343% | $231K | $101K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1162 | −0.343% | $2.5M | $791K | 100x | as long as short |
KuCoin AVNTUSDTM
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
MEXC AVNT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1163 | −0.292% | $656K | $200K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1162 | −0.386% | — | $6.6M | — | as long as short |
| Backpack AVNT_USDC_PERP | +0.0100% | 1h | 0.1164 | −0.129% | $31K | $41K | 5x | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1158 | −0.657% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1160 | −0.481% | $196K | $1.0M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1163 | −0.283% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1161 | −0.472% | $35K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1162 | −0.305% | $26K | $209K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0131% | 4h | 0.1161 | −0.429% | $164K | $74K | 75x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0288% | 1h | 0.1155 | −0.926% | $17K | $9K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1163 | −0.225% | $8K | — | 100x | as long as short |
Bitget AVNTUSDT
BingX AVNT-USDT
Backpack AVNT_USDC_PERP
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
BloFin AVNT-USDT
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]