Funding you earn now, next payment 02:00 UTC+0.0956%/8h= +104.7% APRpaid last 24h +0.267%
Price spread now: Bybit against Coinbase International+0.821%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Bybit is 0.821% dearer against Coinbase International than usual: you sell high and buy low: +$82 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 | Coinbase International AVNT-PERP-INTX | 0.1169 | −0.0856 | get 0.0107% / 1h | 59m 02s | $14K | $12K | 50x |
| Short | Bybit AVNTUSDT | 0.1179 | 0.0100 | get 0.0050% / 4h | 1h 59m | $2.9M | $2.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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
- $200.76
- Price spread: +0.821% → 0.000%
- $82.09
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $261.85
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Coinbase International: no order-book sample; Bybit: live order book, 3 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 5.07 bp | 37.9 bp −$38 | 140.9 bp −$1,409 | doesn't fit | doesn't fit |
Coinbase International: 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 | −0.1012% | 1h | 0.1180 | +0.932% | $32K | $43K | 5x | as long as short |
| Coinbase International AVNT-PERP-INTXlong | −0.0856% | 1h | 0.1169 | long leg | $14K | $12K | 50x | |
| Deribit AVNT_USDC-PERPETUAL | −0.0512% | 1h | 0.1180 | +0.881% | $277 | $123 | 10x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1186 | +1.368% | $53K | $63K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1180 | +0.915% | $696K | $304K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1182 | +1.038% | $31K | $26K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1179 | +0.829% | $3.3M | $6.2M | 50x | as long as short |
| Bybit AVNTUSDTshort | +0.0100% | 4h | 0.1179 | +0.821% | $2.9M | $2.4M | 50x | |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1178 | +0.752% | $733K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1180 | +0.898% | $279K | $136K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1180 | +0.898% | $2.4M | $885K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1180 | +0.906% | $2.2M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1179 | +0.821% | $686K | $238K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1179 | +0.838% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1182 | +1.111% | $22K | $45K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1183 | +1.154% | $195K | $955K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1182 | +1.026% | $1K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1183 | +1.197% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1179 | +0.806% | $26K | $234K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0294% / S −0.0838% | 1h | 0.1180 | +0.923% | $8K | — | 100x | as long as short |
Coinbase International AVNT-PERP-INTX
Bybit AVNTUSDT
Backpack AVNT_USDC_PERP
Deribit AVNT_USDC-PERPETUAL
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
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]