Funding you earn now, next payment 00:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX−0.070%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.070%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.048% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AVNT-USDT-SWAP | 0.1148 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $691K | $1.8M | 20x |
| Short | Bybit AVNTUSDT | 0.1147 | 0.0002 | get 0.0001% / 4h | 2h 36m | $2.8M | $2.3M | 50x |
OKX AVNT-USDT-SWAP
Bybit AVNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$20.57
- Price spread: −0.070% → −0.021%
- −$4.83
- Slippage, 4 orders
- −$108.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$155.22
- Costs to cover
- 1.298%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 5 min ago | 2.18 bp | 24.4 bp −$24 | 255.1 bp −$2,551 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.92 bp | 40.4 bp −$40 | 141.2 bp −$1,412 | doesn't fit | doesn't fit |
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-PERPETUAL | −0.0532% | 1h | 0.1149 | +0.131% | $270 | $267 | 10x | as long as short |
| KuCoin AVNTUSDTM | −0.0234% | 4h | 0.1148 | −0.009% | $2.2M | $4.5M | 25x | as long as short |
| Backpack AVNT_USDC_PERP | −0.0025% | 1h | 0.1150 | +0.200% | $30K | $41K | 5x | as long as short |
| Bybit AVNTUSDTshort | +0.0002% | 4h | 0.1147 | −0.070% | $2.8M | $2.3M | 50x | |
| Lighter AVNT | +0.0096% | 1h | 0.1153 | +0.488% | $50K | $63K | 5x | as long as short |
| BloFin AVNT-USDT | +0.0099% | 4h | 0.1146 | −0.122% | $166K | $73K | 75x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1148 | +0.035% | $667K | $291K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1148 | +0.011% | $31K | $22K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1148 | +0.060% | $3.2M | $5.9M | 50x | as long as short |
| OKX AVNT-USDT-SWAPlong | +0.0100% | 4h | 0.1148 | long leg | $691K | $1.8M | 20x |
Deribit AVNT_USDC-PERPETUAL
KuCoin AVNTUSDTM
Backpack AVNT_USDC_PERP
Lighter AVNT
BloFin AVNT-USDT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1148 | +0.017% | $227K | $102K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1148 | +0.017% | $2.5M | $776K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1149 | +0.113% | $651K | $191K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1148 | +0.044% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1148 | +0.022% | $21K | $47K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1151 | +0.279% | $195K | $1.1M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1152 | +0.340% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1147 | −0.035% | $35K | $67K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1148 | +0.018% | $25K | $210K | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0240% | 1h | 0.1155 | +0.645% | $17K | $10K | 50x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0838% | 1h | 0.1150 | +0.152% | $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
Coinbase International AVNT-PERP-INTX
GMX AVNT/USD [ETH-USDC]