Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against BingX−0.632%381s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$810.806% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.544%+$54 · spread now −0.632%, 7d avg −0.009%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.623% cheaper against BingX than usual: you would sell low and buy high (−$62 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 381 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 | BingX AVNT-USDT | 0.1171 | 0.0100 | pay 0.0050% / 4h | 2h 42m | — | $6.6M | — |
| Short | BloFin AVNT-USDT | 0.1163 | 0.0090 | get 0.0045% / 4h | 2h 42m | $166K | $66K | 75x |
BingX AVNT-USDT
BloFin AVNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$2.03
- Price spread: −0.632% → −0.009%
- −$62.29
- Slippage, 4 orders
- −$58.58
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$144.9
- Costs to cover
- 0.806%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 9 min ago.
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 BingX live order book, 9 min ago | 5.18 bp | 17.1 bp −$17 | 52.0 bp −$520 | 495.2 bp −$49.5K | 953.8 bp −$476.9K |
| Sell BloFin live order book, 9 min ago | 2.16 bp | 18.3 bp −$18 | 51.7 bp −$517 | doesn't fit | doesn't fit |
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 | −0.0368% | 1h | 0.1169 | −0.103% | $14K | $12K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0006% | 1h | 0.1172 | +0.154% | $275 | $123 | 10x | as long as short |
| BloFin AVNT-USDTshort | +0.0090% | 4h | 0.1163 | −0.632% | $166K | $66K | 75x | |
| Lighter AVNT | +0.0096% | 1h | 0.1177 | +0.547% | $53K | $64K | 5x | as long as short |
| KuCoin AVNTUSDTM | +0.0098% | 4h | 0.1169 | −0.145% | $2.2M | $4.5M | 25x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1169 | −0.163% | $688K | $317K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1170 | −0.081% | $31K | $20K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1166 | −0.396% | $3.2M | $6.2M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1167 | −0.333% | $3.0M | $2.4M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1165 | −0.470% | $716K | $1.9M | 20x | as long as short |
Coinbase International AVNT-PERP-INTX
Deribit AVNT_USDC-PERPETUAL
Lighter AVNT
KuCoin AVNTUSDTM
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1171 | +0.026% | $234K | $98K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1168 | −0.231% | $2.4M | $859K | 100x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1169 | −0.111% | $662K | $216K | 20x | as long as short |
| BingX AVNT-USDTlong | +0.0100% | 4h | 0.1171 | long leg | — | $6.6M | — | |
| Variational Omni AVNT | +0.0100% | 4h | 0.1166 | −0.361% | $22K | $46K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1167 | −0.316% | $197K | $918K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1172 | +0.085% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1174 | +0.256% | $36K | $66K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1166 | −0.441% | $26K | $240K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0293% / S −0.0838% | 1h | 0.1174 | +0.306% | $8K | — | 100x | as long as short |
| Backpack AVNT_USDC_PERP | +0.0325% | 1h | 0.1170 | −0.026% | $32K | $43K | 5x | as long as short |
Gate AVNT_USDT
MEXC AVNT_USDT
Bitget AVNTUSDT
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]
Backpack AVNT_USDC_PERP