Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0720%/8h= +78.8% APRpaid last 24h +0.208%

Price spread now: GMX against BloFin−0.025%129s7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.025% cheaper against BloFin than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$22 a day). The two prices were read 129 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	0.1171	0.0088	pay 0.0044% / 4h	12m 47s	$162K	$55K	75x
Short	GMX AVNT/USD [ETH-USDC]	0.1170	L +0.0289% / S −0.0808%	get 0.0101% / 1h	12m 47s	$7K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against BloFin. 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 BloFinbpFee GMXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $151.15
Price spread: −0.025% → 0.000%: −$2.48
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $124.68
Costs to cover: 0.240%
Break-even: 1.2 days

Slippage unknown: BloFin: live order book, 57 min ago; 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 BloFin live order book, 57 min ago	2.12 bp	23.3 bp −$23	59.1 bp −$591	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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
Deribit AVNT_USDC-PERPETUAL	−0.0603%	1h	0.1172	+0.111%	$254	$345	10x	as long as short
Coinbase International AVNT-PERP-INTX	−0.0440%	1h	0.1179	+0.726%	$14K	$21K	50x	as long as short
Backpack AVNT_USDC_PERP	−0.0282%	1h	0.1173	+0.188%	$31K	$48K	5x	as long as short
BloFin AVNT-USDTlong	+0.0088%	4h	0.1171	long leg	$162K	$55K	75x
Lighter AVNT	+0.0096%	1h	0.1173	+0.248%	$53K	$50K	5x	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1168	−0.195%	$18K	$115K	—	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1172	+0.120%	$699K	$304K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1172	+0.108%	$31K	$52K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1172	+0.094%	$3.2M	$7.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1170	−0.068%	$2.9M	$2.4M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1170	−0.051%	$718K	$2.1M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1171	+0.034%	$242K	$202K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1171	+0.034%	$2.5M	$1.0M	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1172	+0.128%	$2.2M	$4.4M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1172	+0.111%	$667K	$313K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1171	+0.060%	—	$6.6M	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1171	+0.033%	$195K	$926K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1174	+0.333%	$1K	$1.3M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1173	+0.171%	$36K	$50K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1171	+0.027%	$19K	$265K	10x	as long as short
GMX AVNT/USD [ETH-USDC]short	L +0.0289% / S −0.0808%	1h	0.1170	−0.025%	$7K	—	100x