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 +0.204%

Price spread now: GMX against OKX+0.128%7-day average — · you sell dearer than you buy

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

Long on OKX 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 0.128% dearer against OKX than usual: you sell high and buy low: +$13 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	OKX AVNT-USDT-SWAP	0.1175	0.0100	pay 0.0050% / 4h	2h 18m	$723K	$2.3M	20x
Short	GMX AVNT/USD [ETH-USDC]	0.1177	L +0.0290% / S −0.0808%	get 0.0101% / 1h	18m 11s	$7K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against OKX. 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 OKXbpFee GMXbpOrdersPrice spread, now +0.128%Rate

Funding earned: $148.6
Price spread: +0.128% → 0.000%: $12.76
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $139.37
Costs to cover: 0.220%
Break-even: 0.4 days

Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago	1.71 bp	28.4 bp −$28	doesn't fit	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	0.1151	−2.093%	$16K	$19K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0685%	1h	0.1176	+0.060%	$154	$245	10x	as long as short
Backpack AVNT_USDC_PERP	−0.0191%	1h	0.1178	+0.213%	$31K	$47K	5x	as long as short
Aster AVNTUSDT	+0.0062%	4h	0.1176	+0.098%	$31K	$45K	5x	as long as short
Lighter AVNT	+0.0096%	1h	0.1182	+0.536%	$54K	$51K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1176	+0.102%	$689K	$346K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1176	+0.060%	$3.2M	$7.7M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1175	−0.051%	$2.9M	$2.8M	50x	as long as short
OKX AVNT-USDT-SWAPlong	+0.0100%	4h	0.1175	long leg	$723K	$2.3M	20x
Gate AVNT_USDT	+0.0100%	8h	0.1176	+0.068%	$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	0.1176	+0.068%	$2.5M	$1.0M	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1177	+0.162%	$2.2M	$4.6M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1177	+0.119%	$678K	$334K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1177	+0.153%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1165	−0.838%	$18K	$117K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1163	−1.038%	$201K	$939K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1179	+0.349%	$2K	$1.4M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1177	+0.111%	$36K	$69K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1176	+0.049%	$20K	$259K	10x	as long as short
BloFin AVNT-USDT	+0.0113%	4h	0.1166	−0.766%	$163K	$55K	75x	as long as short
GMX AVNT/USD [ETH-USDC]short	L +0.0290% / S −0.0808%	1h	0.1177	+0.128%	$7K	—	100x