Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0774%/8h= −84.8% APRpaid last 24h −0.076%

Price spread now: Backpack against Binance+0.077%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 6 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 pays, funding is against you. Backpack is 0.077% dearer against Binance than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVNTUSDT	0.1169	0.0100	pay 0.0050% / 4h	3h 57m	$3.2M	$7.2M	50x
Short	Backpack AVNT_USDC_PERP	0.1170	−0.0674	pay 0.0084% / 1h	57m 47s	$31K	$48K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Binance. 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 BinancebpFee BackpackbpOrdersPrice spread, now +0.077%Rate

Funding earned: −$162.54
Price spread: +0.077% → 0.000%: $7.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$174.84
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Backpack: 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 Binance live order book, 11 min ago	1.28 bp	20.2 bp −$20	90.6 bp −$906	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

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
Backpack AVNT_USDC_PERPshort	−0.0674%	1h	0.1170	+0.077%	$31K	$48K	5x
Deribit AVNT_USDC-PERPETUAL	−0.0433%	1h	0.1170	+0.060%	$153	$445	10x	as long as short
Coinbase International AVNT-PERP-INTX	0.0000%	1h	0.1179	+0.847%	$14K	$21K	50x	as long as short
Variational Omni AVNT	+0.0057%	4h	0.1170	+0.059%	$18K	$115K	—	as long as short
Lighter AVNT	+0.0096%	1h	0.1173	+0.291%	$53K	$46K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1170	+0.051%	$698K	$304K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1169	+0.024%	$31K	$52K	5x	as long as short
Binance AVNTUSDTlong	+0.0100%	4h	0.1169	long leg	$3.2M	$7.2M	50x
Bybit AVNTUSDT	+0.0100%	4h	0.1168	−0.103%	$2.9M	$2.3M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1169	−0.034%	$717K	$2.0M	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	−0.017%	$242K	$199K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1169	−0.017%	$2.5M	$993K	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1170	+0.094%	$2.2M	$4.4M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1171	+0.128%	$667K	$313K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1169	−0.017%	—	$6.6M	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1172	+0.240%	$202K	$938K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1173	+0.299%	$1K	$1.3M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1173	+0.291%	$36K	$50K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1169	−0.028%	$19K	$265K	10x	as long as short
BloFin AVNT-USDT	+0.0154%	4h	0.1172	+0.222%	$162K	$56K	75x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0289% / S −0.0808%	1h	0.1170	+0.109%	$7K	—	100x	as long as short