Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.2% APRpaid last 24h −0.002%

Price spread now: BloFin against Gate+0.091%108s7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as 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−$1501.503% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.091%, 7d avg +0.002%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.089% dearer against Gate than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.002%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. The two prices were read 108 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	Gate AVNT_USDT	0.1213	0.0100	pay 0.0100% / 8h	4h 23m	$287K	$187K	50x
Short	BloFin AVNT-USDT	0.1214	0.0070	get 0.0035% / 4h	23m 20s	$170K	$67K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.091%Rate

Funding earned: −$6.2
Price spread: +0.091% → +0.002%: $8.91
Slippage, 4 orders: −$123.34
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$147.63
Costs to cover: 1.503%
Break-even: never at this rate

Slippage from Gate: live order book, 28 min ago; BloFin: live order book, 7 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 Gate live order book, 28 min ago	8.48 bp	55.8 bp −$56	5051.6 bp −$50.5K	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	5.44 bp	18.4 bp −$18	63.8 bp −$638	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
Deribit AVNT_USDC-PERPETUAL	−0.2137%	1h	0.1212	−0.099%	$285	$123	10x	as long as short
Coinbase International AVNT-PERP-INTX	−0.1336%	1h	0.1221	+0.643%	$17K	$20K	50x	as long as short
Backpack AVNT_USDC_PERP	−0.0587%	1h	0.1225	+1.022%	$32K	$45K	5x	as long as short
Aster AVNTUSDT	−0.0133%	4h	0.1217	+0.369%	$32K	$36K	5x	as long as short
KuCoin AVNTUSDTM	−0.0122%	4h	0.1213	+0.033%	$2.2M	$4.6M	25x	as long as short
BloFin AVNT-USDTshort	+0.0070%	4h	0.1214	+0.091%	$170K	$67K	75x
Lighter AVNT	+0.0096%	1h	0.1225	+0.981%	$56K	$63K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1214	+0.099%	$710K	$334K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1212	−0.058%	$3.4M	$7.3M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1212	−0.107%	$3.1M	$2.6M	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	0.1213	−0.025%	$777K	$2.3M	20x	as long as short
Gate AVNT_USDTlong	+0.0100%	8h	0.1213	long leg	$287K	$187K	50x
MEXC AVNT_USDT	+0.0100%	4h	0.1214	+0.082%	$2.4M	$947K	100x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1213	−0.025%	$715K	$312K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1212	−0.074%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1215	+0.175%	$57K	$80K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1206	−0.564%	$207K	$995K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1215	+0.132%	$2K	$1.4M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1228	+1.228%	$37K	$66K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1211	−0.174%	$27K	$229K	10x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0293% / S −0.0808%	1h	0.1215	+0.156%	$8K	—	100x	as long as short