Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.057%

Price spread now: Binance against GMX+0.135%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 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. Binance is 0.135% dearer against GMX than usual: you sell high and buy low (spread +0.135% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1162	L +0.0287% / S −0.0808%	pay 0.0036% / 1h	0m 44s	$7K	—	100x
Short	Binance AVNTUSDT	0.1164	0.0100	get 0.0050% / 4h	2h 00m	$3.2M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GMX. 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 GMXbpFee BinancebpOrdersPrice spread, now +0.135%Rate

Funding earned: −$39.36
Price spread: +0.135% → 0.000%: $13.51
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$47.85
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Binance: live order book, 16 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.86 bp	24.5 bp −$25	72.6 bp −$726	doesn't fit	doesn't fit

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 exchanges

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	0.0000%	1h	0.1162	+0.002%	$152	$445	10x	as long as short
BloFin AVNT-USDT	+0.0070%	4h	0.1162	+0.019%	$159K	$54K	75x	as long as short
Backpack AVNT_USDC_PERP	+0.0072%	1h	0.1163	+0.105%	$30K	$43K	5x	as long as short
Lighter AVNT	+0.0096%	1h	0.1167	+0.389%	$51K	$49K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1163	+0.096%	$664K	$341K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1164	+0.131%	$31K	$49K	5x	as long as short
Binance AVNTUSDTshort	+0.0100%	4h	0.1164	+0.135%	$3.2M	$6.9M	50x
Bybit AVNTUSDT	+0.0100%	4h	0.1162	−0.007%	$2.8M	$2.2M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1162	−0.015%	$694K	$1.9M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1161	−0.093%	$226K	$271K	50x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AVNT_USDT	+0.0100%	4h	0.1163	+0.079%	$2.5M	$1.0M	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1163	+0.062%	$2.1M	$4.4M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1163	+0.053%	$673K	$295K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1163	+0.036%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1162	+0.034%	$19K	$111K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1165	+0.247%	$194K	$900K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1165	+0.225%	$1K	$1.3M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1163	+0.045%	$36K	$31K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1162	−0.025%	$20K	$263K	10x	as long as short
Coinbase International AVNT-PERP-INTX	+0.0264%	1h	0.1179	+1.465%	$14K	$16K	50x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0287% / S −0.0808%	1h	0.1162	long leg	$7K	—	100x