Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BloFin−0.111%52s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1121.116% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.111%, 7d avg −0.005%
=Funding pays, the price is against you. Bybit is 0.106% cheaper against BloFin than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of −0.005%). If the spread goes back, that is −$11 on $10k: about 18 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AVNT-USDT | 0.1175 | 0.0080 | pay 0.0040% / 4h | 3h 24m | $164K | $55K | 75x |
| Short | Bybit AVNTUSDT | 0.1174 | 0.0100 | get 0.0050% / 4h | 3h 24m | $3.0M | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $4.22
- Price spread: −0.111% → −0.005%
- −$10.57
- Slippage, 4 orders
- −$88.61
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$117.97
- Costs to cover
- 1.116%
- Break-even
- 202.9 days
Slippage from BloFin: live order book, 66 min ago; Bybit: live order book, 3 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 BloFin live order book, 66 min ago | 5.44 bp | 25.2 bp −$25 | 72.7 bp −$727 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.56 bp | 29.0 bp −$29 | 127.4 bp −$1,274 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AVNT-PERP-INTX | −0.1456% | 1h | 0.1152 | −1.949% | $16K | $19K | 50x | as long as short |
| Backpack AVNT_USDC_PERP | −0.0223% | 1h | 0.1176 | +0.111% | $31K | $47K | 5x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0176% | 1h | 0.1174 | −0.060% | $276 | $123 | 10x | as long as short |
| Aster AVNTUSDT | −0.0094% | 4h | 0.1175 | +0.003% | $31K | $44K | 5x | as long as short |
| KuCoin AVNTUSDTM | −0.0032% | 4h | 0.1174 | −0.111% | $2.2M | $4.7M | 25x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0035% | 4h | 0.1174 | −0.094% | $723K | $2.5M | 20x | as long as short |
| BloFin AVNT-USDTlong | +0.0080% | 4h | 0.1175 | long leg | $164K | $55K | 75x | |
| Lighter AVNT | +0.0096% | 1h | 0.1181 | +0.477% | $53K | $56K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1174 | −0.037% | $693K | $355K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1174 | −0.068% | $3.2M | $8.1M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit AVNTUSDTshort | +0.0100% | 4h | 0.1174 | −0.111% | $3.0M | $2.8M | 50x | |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1175 | +0.009% | $278K | $200K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1174 | −0.077% | $2.5M | $995K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1175 | −0.009% | $689K | $364K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1175 | −0.017% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1172 | −0.235% | $53K | $84K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1176 | +0.073% | $197K | $1.0M | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1178 | +0.238% | $2K | $1.5M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1174 | −0.111% | $36K | $73K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1174 | −0.113% | $28K | $227K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1174 | −0.058% | $7K | — | 100x | as long as short |
BloFin AVNT-USDT
Bybit AVNTUSDT
Coinbase International AVNT-PERP-INTX
Backpack AVNT_USDC_PERP
Deribit AVNT_USDC-PERPETUAL
Aster AVNTUSDT
KuCoin AVNTUSDTM
OKX AVNT-USDT-SWAP
Lighter AVNT
Hyperliquid AVNT
Binance AVNTUSDT
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
GMX AVNT/USD [ETH-USDC]