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

AVNT

all AVNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0644%/8h= −70.5% APRpaid last 24h −0.046%
Price spread now: Backpack against SunX−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Backpack is 0.059% cheaper against SunX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AVNT-USDT0.11880.0100pay 0.0050% / 4h55m 08s$1K$1.2M20x
ShortBackpack AVNT_USDC_PERP0.1188−0.0544pay 0.0068% / 1h55m 08s$33K$27K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against SunX. 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
−$135.27
Price spread: −0.059% → 0.000%
−$5.89
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$159.16
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 9 min ago; Backpack: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 9 min ago481.88 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Backpack no order-book sample
Backpack: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AVNT-PERP-INTX−0.1336%1h0.1169−1.590%$14K$12K50xas long as short
Deribit AVNT_USDC-PERPETUAL−0.0592%1h0.1187−0.118%$279$12310xas long as short
Backpack AVNT_USDC_PERPshort−0.0544%1h0.1188−0.059%$33K$27K5x
Aster AVNTUSDT−0.0101%4h0.1186−0.187%$31K$29K5xas long as short
KuCoin AVNTUSDTM−0.0010%4h0.1186−0.227%$2.2M$4.5M25xas long as short
BloFin AVNT-USDT+0.0068%4h0.1185−0.295%$171K$64K75xas long as short
Lighter AVNT+0.0096%1h0.1189+0.059%$54K$63K5xas long as short
Hyperliquid AVNT+0.0100%1h0.1186−0.168%$698K$301K5xas long as short
Binance AVNTUSDT+0.0100%4h0.1186−0.168%$3.3M$6.3M50xas long as short
Bybit AVNTUSDT+0.0100%4h0.1187−0.160%$3.0M$2.4M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX AVNT-USDT-SWAP+0.0100%4h0.1187−0.084%$740K$2.0M20xas long as short
Gate AVNT_USDT+0.0100%8h0.1186−0.202%$286K$145K50xas long as short
MEXC AVNT_USDT+0.0100%4h0.1187−0.118%$2.4M$903K100xas long as short
Bitget AVNTUSDT+0.0100%4h0.1187−0.126%$692K$239K20xas long as short
BingX AVNT-USDT+0.0100%4h0.1186−0.210%$6.6Mas long as short
Variational Omni AVNT+0.0100%4h0.1184−0.408%$56K$80Kas long as short
GRVT AVNT_USDT_Perp+0.0100%4h0.1178−0.914%$198K$974K10xas long as short
SunX AVNT-USDTlong+0.0100%4h0.1188long leg$1K$1.2M20x
HTX AVNT-USDT+0.0100%4h0.1186−0.210%$36K$62K10xas long as short
Extended AVNT-USD+0.0104%1h0.1186−0.241%$26K$233K10xas long as short
GMX AVNT/USD [ETH-USDC]L +0.0295% / S −0.0838%1h0.1187−0.115%$8K100xas long as short