Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.7% APRpaid last 24h −0.077%
Price spread now: Backpack against BloFin+0.111%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 0.111% dearer against BloFin than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days. The two prices were read 54 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 | BloFin AVNT-USDT | 0.1176 | 0.0117 | pay 0.0059% / 4h | 39m 14s | $163K | $55K | 75x |
| Short | Backpack AVNT_USDC_PERP | 0.1177 | 0.0046 | get 0.0006% / 1h | 39m 14s | $31K | $48K | 5x |
BloFin AVNT-USDT
Backpack AVNT_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BloFin. 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
- −$14.82
- Price spread: +0.111% → 0.000%
- $11.06
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$25.76
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 31 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 BloFin live order book, 31 min ago | 2.12 bp | 23.3 bp −$23 | 59.1 bp −$591 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AVNT_USDC-PERPETUAL | −0.0600% | 1h | 0.1175 | −0.034% | $154 | $245 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | −0.0440% | 1h | 0.1179 | +0.306% | $14K | $21K | 50x | as long as short |
| Backpack AVNT_USDC_PERPshort | +0.0046% | 1h | 0.1177 | +0.111% | $31K | $48K | 5x | |
| Lighter AVNT | +0.0096% | 1h | 0.1180 | +0.349% | $54K | $48K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1175 | −0.034% | $704K | $300K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1176 | +0.079% | $31K | $51K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1175 | −0.068% | $3.2M | $7.4M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1173 | −0.179% | $2.9M | $2.7M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1175 | −0.043% | $716K | $2.1M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1176 | +0.043% | $244K | $200K | 50x | as long as short |
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
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 | 0.1175 | −0.043% | $2.5M | $998K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1176 | +0.017% | $2.2M | $4.4M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1175 | −0.009% | $674K | $316K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1175 | −0.068% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1176 | +0.032% | $18K | $115K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1178 | +0.242% | $198K | $937K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1178 | +0.196% | $2K | $1.4M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1176 | 0.000% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1173 | −0.210% | $20K | $269K | 10x | as long as short |
| BloFin AVNT-USDTlong | +0.0117% | 4h | 0.1176 | long leg | $163K | $55K | 75x | |
| GMX AVNT/USD [ETH-USDC] | L +0.0290% / S −0.0808% | 1h | 0.1176 | +0.043% | $7K | — | 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]