Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.050%

Price spread now: Binance against GMX−0.011%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Binance

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1161	L +0.0291% / S −0.0838%	pay 0.0036% / 1h	29m 05s	$7K	—	100x
Short	Binance AVNTUSDT	0.1161	0.0100	get 0.0050% / 4h	3h 29m	$3.2M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: −$40.03
Price spread: −0.011% → 0.000%: −$1.12
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.15
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Binance: live order book, 9 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 GMX no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	1.29 bp	23.0 bp −$23	61.6 bp −$616	doesn't fit	doesn't fit

GMX: 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	−0.0136%	1h	0.1155	−0.476%	$17K	$9K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0095%	1h	0.1161	−0.020%	$273	$123	10x	as long as short
KuCoin AVNTUSDTM	−0.0056%	4h	0.1161	+0.049%	$2.2M	$4.4M	25x	as long as short
Lighter AVNT	+0.0096%	1h	0.1166	+0.488%	$52K	$65K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1161	+0.023%	$688K	$296K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1161	+0.027%	$31K	$19K	5x	as long as short
Binance AVNTUSDTshort	+0.0100%	4h	0.1161	−0.011%	$3.2M	$6.0M	50x
Bybit AVNTUSDT	+0.0100%	4h	0.1160	−0.046%	$2.9M	$2.3M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1160	−0.080%	$703K	$1.8M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1160	−0.063%	$233K	$102K	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AVNT_USDT	+0.0100%	4h	0.1161	+0.023%	$2.4M	$821K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1161	+0.058%	$652K	$209K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1160	−0.037%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1160	−0.048%	$21K	$47K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1162	+0.109%	$196K	$959K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1161	+0.032%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1161	+0.006%	$35K	$66K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1160	−0.061%	$26K	$325K	10x	as long as short
BloFin AVNT-USDT	+0.0118%	4h	0.1161	−0.003%	$164K	$65K	75x	as long as short
Backpack AVNT_USDC_PERP	+0.0278%	1h	0.1162	+0.092%	$31K	$40K	5x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0291% / S −0.0838%	1h	0.1161	long leg	$7K	—	100x