Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.047%

Price spread now: SunX against Backpack0.000%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on SunX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AVNT_USDC_PERP	0.1186	0.0100	pay 0.0013% / 1h	1m 46s	$32K	$42K	5x
Short	SunX AVNT-USDT	0.1186	0.0100	get 0.0050% / 4h	2h 01m	$2K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Backpack. 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 BackpackbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$18
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Backpack: no order-book sample; SunX: live order book, 2 min ago. 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 Backpack no order-book sample	—	—	—	—	—
Sell SunX live order book, 2 min ago	478.19 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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 20 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	−0.0594%	1h	0.1184	−0.127%	$278	$123	10x	as long as short
Coinbase International AVNT-PERP-INTX	−0.0368%	1h	0.1169	−1.366%	$14K	$12K	50x	as long as short
Lighter AVNT	+0.0096%	1h	0.1188	+0.236%	$53K	$65K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1184	−0.110%	$698K	$303K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1184	−0.134%	$31K	$26K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1184	−0.114%	$3.3M	$6.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1184	−0.101%	$3.0M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1183	−0.194%	$736K	$2.0M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1185	−0.059%	$278K	$135K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1185	−0.059%	$2.4M	$890K	100x	as long as short

Show all 20 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin AVNTUSDTM	+0.0100%	4h	0.1184	−0.118%	$2.2M	$4.5M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1185	−0.067%	$689K	$237K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1184	−0.169%	—	$6.6M	—	as long as short
Backpack AVNT_USDC_PERPlong	+0.0100%	1h	0.1186	long leg	$32K	$42K	5x
Variational Omni AVNT	+0.0100%	4h	0.1182	−0.308%	$22K	$45K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1183	−0.227%	$195K	$955K	10x	as long as short
SunX AVNT-USDTshort	+0.0100%	4h	0.1186	0.000%	$2K	$1.2M	20x
HTX AVNT-USDT	+0.0100%	4h	0.1183	−0.186%	$36K	$62K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1184	−0.167%	$26K	$234K	10x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0294% / S −0.0838%	1h	0.1186	0.000%	$8K	—	100x	as long as short