Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0708%/8h= +77.5% APRpaid last 24h +0.209%

Price spread now: GMX against Variational Omni+0.756%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on GMX

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and GMX is 0.756% dearer against Variational Omni than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AVNT	0.1162	0.0100	pay 0.0050% / 4h	19m 09s	$18K	$115K	—
Short	GMX AVNT/USD [ETH-USDC]	0.1170	L +0.0289% / S −0.0808%	get 0.0101% / 1h	19m 09s	$7K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Variational Omni. 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 Variational OmnibpFee GMXbpOrdersPrice spread, now +0.756%Rate

Funding earned: $148.6
Price spread: +0.756% → 0.000%: $75.61
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $212.22
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 60 min ago; GMX: 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 Variational Omni RFQ quote, 60 min ago	12.73 bp	doesn't fit	131.5 bp −$1,315	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	−0.0440%	1h	0.1179	+1.507%	$14K	$21K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0348%	1h	0.1170	+0.698%	$253	$345	10x	as long as short
Backpack AVNT_USDC_PERP	−0.0301%	1h	0.1171	+0.844%	$31K	$48K	5x	as long as short
Lighter AVNT	+0.0096%	1h	0.1173	+0.956%	$53K	$50K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1170	+0.741%	$699K	$303K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1169	+0.612%	$31K	$52K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1170	+0.691%	$3.2M	$7.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1168	+0.568%	$2.9M	$2.4M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1170	+0.698%	$717K	$2.1M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1168	+0.551%	$242K	$202K	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	0.1170	+0.723%	$2.5M	$1.0M	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1170	+0.723%	$2.2M	$4.4M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1170	+0.741%	$666K	$312K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1170	+0.698%	—	$6.6M	—	as long as short
Variational Omni AVNTlong	+0.0100%	4h	0.1162	long leg	$18K	$115K	—
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1164	+0.195%	$193K	$933K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1173	+0.990%	$1K	$1.3M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1167	+0.465%	$36K	$50K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1169	+0.648%	$19K	$269K	10x	as long as short
BloFin AVNT-USDT	+0.0127%	4h	0.1169	+0.655%	$162K	$55K	75x	as long as short
GMX AVNT/USD [ETH-USDC]short	L +0.0289% / S −0.0808%	1h	0.1170	+0.756%	$7K	—	100x