Funding you earn now, next payment 01:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h +0.044%
Price spread now: SunX against Backpack−0.154%7-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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.154% cheaper against Backpack than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVNT_USDC_PERP | 0.1172 | 0.0234 | pay 0.0029% / 1h | 5m 41s | $31K | $40K | 5x |
| Short | SunX AVNT-USDT | 0.1170 | 0.0100 | get 0.0050% / 4h | 3h 05m | $2K | $1.2M | 20x |
Backpack AVNT_USDC_PERP
SunX AVNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$28.2
- Price spread: −0.154% → 0.000%
- −$15.36
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$61.56
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 500.45 bp | doesn't fit | doesn't fit | 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 | −0.0433% | 1h | 0.1171 | −0.085% | $275 | $123 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0136% | 1h | 0.1169 | −0.230% | $14K | $12K | 50x | as long as short |
| KuCoin AVNTUSDTM | +0.0024% | 4h | 0.1171 | −0.119% | $2.2M | $4.4M | 25x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1177 | +0.409% | $53K | $65K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1172 | −0.033% | $697K | $309K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1172 | −0.039% | $31K | $19K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1171 | −0.110% | $3.3M | $6.0M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1171 | −0.111% | $3.0M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1170 | −0.188% | $716K | $1.9M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1172 | −0.017% | $235K | $102K | 50x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
KuCoin AVNTUSDTM
Lighter AVNT
Hyperliquid 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 | −0.188% | $2.5M | $844K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1172 | 0.000% | $664K | $213K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1171 | −0.111% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1170 | −0.189% | $22K | $46K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1176 | +0.324% | $199K | $959K | 10x | as long as short |
| SunX AVNT-USDTshort | +0.0100% | 4h | 0.1170 | −0.154% | $2K | $1.2M | 20x | |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1172 | +0.017% | $36K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1170 | −0.147% | $26K | $242K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0113% | 4h | 0.1175 | +0.239% | $165K | $66K | 75x | as long as short |
| Backpack AVNT_USDC_PERPlong | +0.0234% | 1h | 0.1172 | long leg | $31K | $40K | 5x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0292% / S −0.0838% | 1h | 0.1171 | −0.063% | $8K | — | 100x | as long as short |
MEXC AVNT_USDT
Bitget AVNTUSDT
BingX AVNT-USDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
HTX AVNT-USDT
Extended AVNT-USD
BloFin AVNT-USDT
GMX AVNT/USD [ETH-USDC]