Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h +0.002%

Price spread now: BloFin against Lighter−0.365%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. BloFin is 0.365% cheaper against Lighter than usual: you would sell low and buy high (spread −0.365% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 32 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AVNT	0.1178	0.0096	pay 0.0012% / 1h	27m 01s	$53K	$49K	5x
Short	BloFin AVNT-USDT	0.1174	0.0134	get 0.0067% / 4h	1h 27m	$163K	$55K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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 LighterbpFee BloFinbpOrdersPrice spread, now −0.365%Rate

Funding earned: $7.91
Price spread: −0.365% → 0.000%: −$36.5
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$40.59
Costs to cover: 0.120%
Break-even: 42.9 days

Slippage unknown: Lighter: no order-book sample; BloFin: live order book, 48 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 Lighter no order-book sample	—	—	—	—	—
Sell BloFin live order book, 48 min ago	0.85 bp	25.7 bp −$26	65.0 bp −$650	doesn't fit	doesn't fit

Lighter: 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	+0.093%	$14K	$21K	50x	as long as short
Backpack AVNT_USDC_PERP	−0.0383%	1h	0.1176	−0.204%	$31K	$47K	5x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0261%	1h	0.1174	−0.323%	$154	$245	10x	as long as short
Lighter AVNTlong	+0.0096%	1h	0.1178	long leg	$53K	$49K	5x
Hyperliquid AVNT	+0.0100%	1h	0.1175	−0.289%	$703K	$339K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1174	−0.339%	$31K	$50K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1174	−0.314%	$3.2M	$7.5M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1172	−0.467%	$2.9M	$2.7M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1174	−0.306%	$728K	$2.2M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1172	−0.509%	$245K	$208K	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	0.1174	−0.340%	$2.5M	$1.0M	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1174	−0.357%	$2.2M	$4.5M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1174	−0.331%	$677K	$327K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1174	−0.357%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1170	−0.692%	$18K	$117K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1172	−0.527%	$200K	$937K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1178	+0.008%	$2K	$1.4M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1172	−0.518%	$36K	$62K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1174	−0.332%	$15K	$261K	10x	as long as short
BloFin AVNT-USDTshort	+0.0134%	4h	0.1174	−0.365%	$163K	$55K	75x
GMX AVNT/USD [ETH-USDC]	L +0.0289% / S −0.0808%	1h	0.1175	−0.284%	$7K	—	100x	as long as short