Funding you earn now, next payment 03:00 UTC−0.0781%/8h= −85.5% APRpaid last 24h −0.197%
Price spread now: Deribit against Bybit−0.405%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$23 a day on $10k at the current rate, and Deribit is 0.405% cheaper against Bybit than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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 | Bybit AVNTUSDT | 0.1185 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $3.0M | $2.4M | 50x |
| Short | Deribit AVNT_USDC-PERPETUAL | 0.1180 | −0.0681 | pay 0.0085% / 1h | 56m 29s | $277 | $123 | 10x |
Bybit AVNTUSDT
Deribit AVNT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bybit. 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
- −$164.03
- Price spread: −0.405% → 0.000%
- −$40.51
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$222.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Deribit: 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 Bybit live order book, 1 min ago | 2.97 bp | 36.0 bp −$36 | 142.4 bp −$1,424 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack AVNT_USDC_PERP | −0.0861% | 1h | 0.1182 | −0.236% | $32K | $43K | 5x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0856% | 1h | 0.1169 | −1.308% | $14K | $12K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUALshort | −0.0681% | 1h | 0.1180 | −0.405% | $277 | $123 | 10x | |
| Lighter AVNT | +0.0096% | 1h | 0.1189 | +0.354% | $53K | $63K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1186 | +0.068% | $700K | $304K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1183 | −0.143% | $31K | $26K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1185 | +0.025% | $3.3M | $6.2M | 50x | as long as short |
| Bybit AVNTUSDTlong | +0.0100% | 4h | 0.1185 | long leg | $3.0M | $2.4M | 50x | |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1185 | −0.034% | $738K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1183 | −0.169% | $280K | $136K | 50x | as long as short |
Backpack AVNT_USDC_PERP
Coinbase International AVNT-PERP-INTX
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1185 | 0.000% | $2.4M | $886K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1184 | −0.042% | $2.2M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1185 | +0.017% | $689K | $238K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1184 | −0.084% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1182 | −0.212% | $22K | $45K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1181 | −0.369% | $195K | $955K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1183 | −0.194% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1181 | −0.380% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1184 | −0.068% | $26K | $234K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0294% / S −0.0838% | 1h | 0.1181 | −0.321% | $8K | — | 100x | as long as short |
MEXC AVNT_USDT
KuCoin AVNTUSDTM
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]