Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.050%

Price spread now: Gate against GMX+0.061%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 Gate

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. Gate is 0.061% dearer against GMX than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1148	L +0.0289% / S −0.0838%	pay 0.0036% / 1h	5m 20s	$7K	—	100x
Short	Gate AVNT_USDT	0.1149	0.0100	get 0.0100% / 8h	2h 05m	$228K	$103K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.061%Rate

Funding earned: −$39.79
Price spread: +0.061% → 0.000%: $6.1
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$60.69
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Gate: live order book, 11 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 Gate live order book, 11 min ago	13.05 bp	73.5 bp −$73	doesn't fit	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
Deribit AVNT_USDC-PERPETUAL	−0.0969%	1h	0.1147	−0.096%	$269	$267	10x	as long as short
Backpack AVNT_USDC_PERP	−0.0253%	1h	0.1149	+0.035%	$30K	$41K	5x	as long as short
KuCoin AVNTUSDTM	−0.0224%	4h	0.1147	−0.087%	$2.2M	$4.4M	25x	as long as short
BloFin AVNT-USDT	+0.0071%	4h	0.1148	−0.044%	$165K	$73K	75x	as long as short
Lighter AVNT	+0.0096%	1h	0.1153	+0.453%	$52K	$66K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1148	−0.052%	$674K	$293K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1149	+0.070%	$31K	$22K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1147	−0.105%	$3.2M	$5.9M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1146	−0.165%	$2.8M	$2.3M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1147	−0.148%	$690K	$1.8M	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_USDTshort	+0.0100%	8h	0.1149	+0.061%	$228K	$103K	50x
MEXC AVNT_USDT	+0.0100%	4h	0.1147	−0.113%	$2.5M	$781K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1148	+0.017%	$651K	$191K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1147	−0.157%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1147	−0.135%	$21K	$47K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1150	+0.145%	$195K	$1.1M	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1149	+0.052%	$2K	$1.2M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1149	+0.096%	$35K	$66K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1147	−0.126%	$25K	$210K	10x	as long as short
Coinbase International AVNT-PERP-INTX	+0.0240%	1h	0.1155	+0.601%	$17K	$10K	50x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0289% / S −0.0838%	1h	0.1148	long leg	$7K	—	100x