Funding you earn now, next payment 09:00 UTC−0.0189%/8h= −20.7% APRnext payment −$0.24 per $10,000 · paid last 24h −0.060%
Price spread now: Hyperliquid against GMX−0.139%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Hyperliquid is 0.139% cheaper against GMX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AVNT/USD [ETH-USDC] | 0.1171 | L +0.0289% / S −0.0808% | pay 0.0036% / 1h | 55m 50s | $7K | — | 100x |
| Short | Hyperliquid AVNT | 0.1169 | 0.0100 | get 0.0013% / 1h | 55m 50s | $697K | $304K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against GMX. 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
- −$39.71
- Price spread: −0.139% → 0.000%
- −$13.93
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$74.63
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 64 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 Hyperliquid live order book, 64 min ago | 2.55 bp | 23.6 bp −$24 | doesn't fit | 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 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 | −0.0604% | 1h | 0.1170 | −0.054% | $153 | $445 | 10x | as long as short |
| Backpack AVNT_USDC_PERP | −0.0578% | 1h | 0.1171 | +0.023% | $31K | $48K | 5x | as long as short |
| Coinbase International AVNT-PERP-INTX | 0.0000% | 1h | 0.1179 | +0.732% | $14K | $21K | 50x | as long as short |
| Variational Omni AVNT | +0.0076% | 4h | 0.1168 | −0.207% | $18K | $115K | — | as long as short |
| BloFin AVNT-USDT | +0.0082% | 4h | 0.1170 | −0.020% | $163K | $55K | 75x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1173 | +0.177% | $53K | $46K | 5x | as long as short |
| Hyperliquid AVNTshort | +0.0100% | 1h | 0.1169 | −0.139% | $697K | $304K | 5x | |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1169 | −0.103% | $31K | $52K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1169 | −0.173% | $3.2M | $7.2M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1168 | −0.208% | $2.9M | $2.3M | 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 | 0.1167 | −0.276% | $715K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1169 | −0.131% | $242K | $199K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1169 | −0.131% | $2.5M | $993K | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1170 | −0.028% | $2.2M | $4.4M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1171 | +0.006% | $667K | $313K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1169 | −0.139% | — | $6.6M | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1171 | +0.040% | $201K | $938K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1173 | +0.228% | $2K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1170 | −0.054% | $36K | $50K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1167 | −0.264% | $17K | $268K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC]long | L +0.0289% / S −0.0808% | 1h | 0.1171 | long leg | $7K | — | 100x |
GMX AVNT/USD [ETH-USDC]
Hyperliquid AVNT
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
Coinbase International AVNT-PERP-INTX
Variational Omni AVNT
BloFin AVNT-USDT
Lighter AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
BingX AVNT-USDT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD