Funding you earn now, next payment 07:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.051%
Price spread now: Lighter against GMX+0.405%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.405% dearer against GMX than usual: you sell high and buy low (spread +0.405% now, against zero (this spread has no 7-day history yet)): +$40 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AVNT/USD [ETH-USDC] | 0.1177 | L +0.0290% / S −0.0808% | pay 0.0036% / 1h | 49m 53s | $7K | — | 100x |
| Short | Lighter AVNT | 0.1182 | 0.0096 | get 0.0012% / 1h | 49m 53s | $54K | $49K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$40.65
- Price spread: +0.405% → 0.000%
- $40.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.2
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Lighter: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
GMX and Lighter: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International AVNT-PERP-INTX | −0.1416% | 1h | 0.1179 | +0.201% | $14K | $22K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0260% | 1h | 0.1178 | +0.073% | $154 | $245 | 10x | as long as short |
| Backpack AVNT_USDC_PERP | −0.0256% | 1h | 0.1178 | +0.073% | $31K | $47K | 5x | as long as short |
| Lighter AVNTshort | +0.0096% | 1h | 0.1182 | +0.405% | $54K | $49K | 5x | |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1177 | −0.012% | $704K | $342K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1176 | −0.038% | $31K | $46K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1175 | −0.117% | $3.2M | $7.6M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1174 | −0.216% | $2.9M | $2.7M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1174 | −0.199% | $730K | $2.2M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1175 | −0.148% | $245K | $206K | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1176 | −0.063% | $2.6M | $1.0M | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1176 | −0.071% | $2.2M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1176 | −0.046% | $678K | $329K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1175 | −0.156% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1173 | −0.326% | $18K | $117K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1176 | −0.063% | $197K | $949K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1181 | +0.320% | $2K | $1.4M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1176 | −0.105% | $36K | $65K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1174 | −0.209% | $15K | $261K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0132% | 4h | 0.1174 | −0.258% | $164K | $55K | 75x | as long as short |
| GMX AVNT/USD [ETH-USDC]long | L +0.0290% / S −0.0808% | 1h | 0.1177 | long leg | $7K | — | 100x |
GMX AVNT/USD [ETH-USDC]
Lighter AVNT
Coinbase International AVNT-PERP-INTX
Deribit AVNT_USDC-PERPETUAL
Backpack AVNT_USDC_PERP
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
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
BloFin AVNT-USDT