Funding you earn now, next payment 07:00 UTC−0.0278%/8h= −30.5% APRnext payment −$0.35 per $10,000 · paid last 24h −0.214%
Price spread now: Deribit against Hyperliquid−0.214%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Deribit is 0.214% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AVNT | 0.1170 | 0.0100 | pay 0.0013% / 1h | 33m 28s | $700K | $338K | 5x |
| Short | Deribit AVNT_USDC-PERPETUAL | 0.1167 | −0.0178 | pay 0.0022% / 1h | 33m 28s | $153 | $245 | 10x |
Hyperliquid AVNT
Deribit AVNT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Hyperliquid. 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
- −$58.42
- Price spread: −0.214% → 0.000%
- −$21.37
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$95.79
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 36 min ago; Deribit: 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 Hyperliquid live order book, 36 min ago | 1.69 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.1416% | 1h | 0.1179 | +0.795% | $14K | $21K | 50x | as long as short |
| Backpack AVNT_USDC_PERP | −0.0420% | 1h | 0.1170 | −0.017% | $31K | $47K | 5x | as long as short |
| Deribit AVNT_USDC-PERPETUALshort | −0.0178% | 1h | 0.1167 | −0.214% | $153 | $245 | 10x | |
| Lighter AVNT | +0.0096% | 1h | 0.1175 | +0.453% | $53K | $49K | 5x | as long as short |
| Hyperliquid AVNTlong | +0.0100% | 1h | 0.1170 | long leg | $700K | $338K | 5x | |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1170 | +0.043% | $31K | $50K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1170 | 0.000% | $3.2M | $7.5M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1168 | −0.137% | $2.9M | $2.7M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1170 | −0.009% | $725K | $2.2M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1168 | −0.154% | $245K | $207K | 50x | as long as short |
Coinbase International AVNT-PERP-INTX
Backpack AVNT_USDC_PERP
Lighter AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1170 | +0.017% | $2.5M | $1.0M | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1170 | −0.009% | $2.1M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1170 | +0.034% | $674K | $328K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1169 | −0.085% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1167 | −0.231% | $18K | $117K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1172 | +0.176% | $200K | $946K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1172 | +0.197% | $1K | $1.4M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1169 | −0.043% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1169 | −0.052% | $15K | $261K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0125% | 4h | 0.1169 | −0.026% | $163K | $55K | 75x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1170 | +0.047% | $7K | — | 100x | as long as short |
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
BloFin AVNT-USDT
GMX AVNT/USD [ETH-USDC]