AVNT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0957%/8h= +104.8% APRnext payment +$1.20 per $10,000 · paid last 24h +0.266%

Price spread now: GMX against Backpack−0.091%7-day average — · you buy dearer than you sell

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

Long on Backpack 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—needs both histories

Funding pays, the price is against you. GMX is 0.091% cheaper against Backpack than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$29 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AVNT_USDC_PERP	0.1171	−0.0150	get 0.0019% / 1h	0m 33s	$31K	$46K	5x
Short	GMX AVNT/USD [ETH-USDC]	0.1169	L +0.0289% / S −0.0808%	get 0.0101% / 1h	0m 33s	$7K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Backpack. 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 BackpackbpFee GMXbpOrdersPrice spread, now −0.091%Rate

Funding earned: $201.03
Price spread: −0.091% → 0.000%: −$9.06
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $169.98
Costs to cover: 0.220%
Break-even: 1.1 days

Slippage unknown: Backpack: no order-book sample; 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 Backpack no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Backpack and 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	−0.1456%	1h	0.1152	−1.581%	$16K	$19K	50x	as long as short
Deribit AVNT_USDC-PERPETUAL	−0.0604%	1h	0.1169	−0.103%	$275	$123	10x	as long as short
Backpack AVNT_USDC_PERPlong	−0.0150%	1h	0.1171	long leg	$31K	$46K	5x
Aster AVNTUSDT	−0.0030%	4h	0.1172	+0.132%	$31K	$44K	5x	as long as short
KuCoin AVNTUSDTM	+0.0024%	4h	0.1169	−0.137%	$2.1M	$4.6M	25x	as long as short
Lighter AVNT	+0.0096%	1h	0.1175	+0.393%	$53K	$56K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1171	+0.060%	$690K	$348K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1171	+0.035%	$3.2M	$8.0M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1170	−0.017%	$3.0M	$2.8M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1171	+0.051%	$720K	$2.4M	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_USDT	+0.0100%	8h	0.1169	−0.128%	$249K	$225K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1171	+0.043%	$2.5M	$1.0M	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1172	+0.120%	$678K	$358K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1170	−0.043%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1168	−0.235%	$53K	$84K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1174	+0.299%	$201K	$998K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1172	+0.103%	$1K	$1.5M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1171	0.000%	$36K	$69K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1169	−0.149%	$30K	$243K	10x	as long as short
BloFin AVNT-USDT	+0.0120%	4h	0.1171	+0.009%	$164K	$55K	75x	as long as short
GMX AVNT/USD [ETH-USDC]short	L +0.0289% / S −0.0808%	1h	0.1169	−0.091%	$7K	—	100x