AVNT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0678%/8h= −74.3% APRnext payment −$0.85 per $10,000 · paid last 24h −0.096%

Price spread now: Backpack against GMX+0.052%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Backpack

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Backpack is 0.052% dearer against GMX than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1191	L +0.0295% / S −0.0838%	pay 0.0037% / 1h	10m 55s	$8K	—	100x
Short	Backpack AVNT_USDC_PERP	0.1192	−0.0383	pay 0.0048% / 1h	10m 55s	$32K	$26K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against GMX. 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 GMXbpFee BackpackbpOrdersPrice spread, now +0.052%Rate

Funding earned: −$142.42
Price spread: +0.052% → 0.000%: $5.2
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$159.22
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

GMX and 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
Coinbase International AVNT-PERP-INTX	−0.0856%	1h	0.1169	−1.828%	$14K	$12K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0757%	1h	0.1191	−0.049%	$280	$123	10x	as long as short
Backpack AVNT_USDC_PERPshort	−0.0383%	1h	0.1192	+0.052%	$32K	$26K	5x
Aster AVNTUSDT	+0.0020%	4h	0.1190	−0.068%	$32K	$28K	5x	as long as short
KuCoin AVNTUSDTM	+0.0068%	4h	0.1190	−0.091%	$2.2M	$4.5M	25x	as long as short
Lighter AVNT	+0.0096%	1h	0.1196	+0.363%	$53K	$63K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1191	−0.032%	$700K	$302K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1190	−0.101%	$3.3M	$6.3M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1190	−0.107%	$3.0M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1189	−0.175%	$743K	$2.0M	20x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AVNT_USDT	+0.0100%	8h	0.1191	−0.024%	$287K	$147K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1191	−0.024%	$2.4M	$905K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1191	+0.010%	$695K	$238K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1191	−0.049%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1190	−0.081%	$53K	$75K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1188	−0.272%	$204K	$961K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1195	+0.295%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1192	+0.035%	$36K	$62K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1190	−0.095%	$27K	$234K	10x	as long as short
BloFin AVNT-USDT	+0.0116%	4h	0.1189	−0.191%	$170K	$64K	75x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0295% / S −0.0838%	1h	0.1191	long leg	$8K	—	100x