Funding you earn now, next payment 01:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h −0.044%
Price spread now: Backpack against Gate+0.068%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 +$3 a day on $10k at the current rate, and Backpack is 0.068% dearer against Gate than usual: you sell high and buy low: +$7 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 | Gate AVNT_USDT | 0.1174 | 0.0100 | pay 0.0100% / 8h | 7h 11m | $235K | $102K | 50x |
| Short | Backpack AVNT_USDC_PERP | 0.1175 | 0.0205 | get 0.0026% / 1h | 11m 07s | $31K | $40K | 5x |
Gate AVNT_USDT
Backpack AVNT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. 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
- $22.03
- Price spread: +0.068% → 0.000%
- $6.81
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $3.85
- Costs to cover
- 0.250%
- Break-even
- 5.8 days
Slippage unknown: Gate: live order book, 55 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 55 min ago | 4.31 bp | 52.3 bp −$52 | 7367.8 bp −$73.7K | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit AVNT_USDC-PERPETUAL | −0.0431% | 1h | 0.1174 | −0.026% | $276 | $123 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0136% | 1h | 0.1169 | −0.383% | $14K | $12K | 50x | as long as short |
| KuCoin AVNTUSDTM | +0.0014% | 4h | 0.1173 | −0.060% | $2.2M | $4.4M | 25x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1179 | +0.392% | $53K | $65K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1174 | +0.009% | $698K | $310K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1173 | −0.057% | $31K | $19K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1173 | −0.053% | $3.3M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1173 | −0.060% | $3.0M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1173 | −0.077% | $711K | $1.9M | 20x | as long as short |
| Gate AVNT_USDTlong | +0.0100% | 8h | 0.1174 | long leg | $235K | $102K | 50x |
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
KuCoin AVNTUSDTM
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1172 | −0.170% | $2.5M | $844K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1175 | +0.102% | $665K | $213K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1174 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1173 | −0.085% | $22K | $46K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1173 | −0.106% | $198K | $959K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1173 | −0.060% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1176 | +0.204% | $36K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1173 | −0.063% | $26K | $242K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0147% | 4h | 0.1172 | −0.136% | $165K | $66K | 75x | as long as short |
| Backpack AVNT_USDC_PERPshort | +0.0205% | 1h | 0.1175 | +0.068% | $31K | $40K | 5x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0292% / S −0.0838% | 1h | 0.1174 | +0.029% | $8K | — | 100x | as long as short |
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
BloFin AVNT-USDT
GMX AVNT/USD [ETH-USDC]