Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.057%

Price spread now: SunX against GMX+0.189%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 SunX

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. SunX is 0.189% dearer against GMX than usual: you sell high and buy low (spread +0.189% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX AVNT/USD [ETH-USDC]	0.1172	L +0.0289% / S −0.0808%	pay 0.0036% / 1h	41m 42s	$7K	—	100x
Short	SunX AVNT-USDT	0.1174	0.0100	get 0.0050% / 4h	3h 41m	$1K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.189%Rate

Funding earned: −$39.7
Price spread: +0.189% → 0.000%: $18.94
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$40.76
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; SunX: live order book, 2 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 SunX live order book, 2 min ago	480.32 bp	doesn't fit	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	−0.0432%	1h	0.1172	−0.058%	$153	$445	10x	as long as short
Backpack AVNT_USDC_PERP	−0.0404%	1h	0.1172	−0.024%	$31K	$48K	5x	as long as short
Coinbase International AVNT-PERP-INTX	0.0000%	1h	0.1179	+0.590%	$14K	$21K	50x	as long as short
Variational Omni AVNT	+0.0079%	4h	0.1169	−0.292%	$18K	$114K	—	as long as short
BloFin AVNT-USDT	+0.0088%	4h	0.1171	−0.118%	$162K	$56K	75x	as long as short
Lighter AVNT	+0.0096%	1h	0.1175	+0.249%	$53K	$46K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1172	−0.041%	$699K	$307K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1172	−0.013%	$31K	$52K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1171	−0.131%	$3.2M	$7.2M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1170	−0.186%	$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	0.1170	−0.186%	$716K	$2.0M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1171	−0.101%	$242K	$199K	50x	as long as short
MEXC AVNT_USDT	+0.0100%	4h	0.1171	−0.101%	$2.5M	$995K	100x	as long as short
KuCoin AVNTUSDTM	+0.0100%	4h	0.1172	−0.015%	$2.2M	$4.3M	25x	as long as short
Bitget AVNTUSDT	+0.0100%	4h	0.1171	−0.067%	$667K	$313K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1171	−0.067%	—	$6.6M	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1171	−0.101%	$201K	$938K	10x	as long as short
SunX AVNT-USDTshort	+0.0100%	4h	0.1174	+0.189%	$1K	$1.3M	20x
HTX AVNT-USDT	+0.0100%	4h	0.1172	+0.010%	$36K	$50K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1170	−0.194%	$17K	$264K	10x	as long as short
GMX AVNT/USD [ETH-USDC]long	L +0.0289% / S −0.0808%	1h	0.1172	long leg	$7K	—	100x