Funding you earn now, next payment 03:00 UTC+0.0649%/8h= +71.0% APRpaid last 24h +0.044%
Price spread now: BloFin against Backpack−0.017%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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: +$19 a day on $10k at the current rate. The two prices were read 66 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 | Backpack AVNT_USDC_PERP | 0.1184 | −0.0499 | get 0.0062% / 1h | 31m 49s | $32K | $26K | 5x |
| Short | BloFin AVNT-USDT | 0.1184 | 0.0150 | get 0.0075% / 4h | 1h 31m | $168K | $64K | 75x |
Backpack AVNT_USDC_PERP
BloFin AVNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Backpack. 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
- $136.22
- Price spread: −0.017% → 0.000%
- −$1.69
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $112.53
- Costs to cover
- 0.220%
- Break-even
- 1.2 days
Slippage unknown: Backpack: no order-book sample; BloFin: live order book, 5 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 Backpack no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 4.24 bp | 21.3 bp −$21 | 55.5 bp −$555 | doesn't fit | doesn't fit |
Backpack: 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 | −0.0933% | 1h | 0.1182 | −0.135% | $278 | $123 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0856% | 1h | 0.1169 | −1.225% | $14K | $12K | 50x | as long as short |
| Backpack AVNT_USDC_PERPlong | −0.0499% | 1h | 0.1184 | long leg | $32K | $26K | 5x | |
| Aster AVNTUSDT | +0.0080% | 4h | 0.1184 | −0.037% | $31K | $26K | 5x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1189 | +0.439% | $53K | $63K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1184 | −0.017% | $696K | $302K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1184 | +0.042% | $3.3M | $6.2M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1184 | +0.042% | $3.0M | $2.4M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1184 | +0.025% | $737K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1185 | +0.084% | $285K | $145K | 50x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
Aster AVNTUSDT
Lighter AVNT
Hyperliquid AVNT
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 | 0.1184 | 0.000% | $2.4M | $898K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1184 | −0.008% | $2.2M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1185 | +0.076% | $689K | $236K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1184 | −0.034% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1181 | −0.264% | $22K | $45K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1182 | −0.139% | $196K | $944K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1187 | +0.228% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1183 | −0.042% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1183 | −0.085% | $26K | $231K | 10x | as long as short |
| BloFin AVNT-USDTshort | +0.0150% | 4h | 0.1184 | −0.017% | $168K | $64K | 75x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0294% / S −0.0838% | 1h | 0.1184 | +0.014% | $8K | — | 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
GMX AVNT/USD [ETH-USDC]