Funding you earn now, next payment 09:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.060%
Price spread now: Variational Omni against GMX−0.288%80s7-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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.288% cheaper against GMX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 80 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 | GMX AVNT/USD [ETH-USDC] | 0.1178 | L +0.0289% / S −0.0808% | pay 0.0036% / 1h | 59m 59s | $7K | — | 100x |
| Short | Variational Omni AVNT | 0.1175 | 0.0098 | get 0.0049% / 4h | 2h 59m | $19K | $114K | — |
GMX AVNT/USD [ETH-USDC]
Variational Omni AVNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$40.06
- Price spread: −0.288% → 0.000%
- −$28.83
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$80.89
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 9 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 Variational Omni RFQ quote, 9 min ago | 12.76 bp | doesn't fit | 131.9 bp −$1,319 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack AVNT_USDC_PERP | −0.0279% | 1h | 0.1178 | −0.028% | $31K | $45K | 5x | as long as short |
| Deribit AVNT_USDC-PERPETUAL | −0.0005% | 1h | 0.1177 | −0.113% | $154 | $445 | 10x | as long as short |
| Coinbase International AVNT-PERP-INTX | 0.0000% | 1h | 0.1179 | +0.057% | $14K | $17K | 50x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1181 | +0.218% | $52K | $48K | 5x | as long as short |
| Variational Omni AVNTshort | +0.0098% | 4h | 0.1175 | −0.288% | $19K | $114K | — | |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1177 | −0.164% | $673K | $346K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1177 | −0.096% | $31K | $52K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1177 | −0.138% | $3.2M | $7.1M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1175 | −0.257% | $2.9M | $2.3M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1176 | −0.206% | $708K | $2.0M | 20x | as long as short |
Backpack AVNT_USDC_PERP
Deribit AVNT_USDC-PERPETUAL
Coinbase International AVNT-PERP-INTX
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AVNT_USDT | +0.0100% | 8h | 0.1177 | −0.121% | $295K | $238K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1177 | −0.121% | $2.6M | $1.0M | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1177 | −0.138% | $2.2M | $4.3M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1178 | −0.053% | $683K | $317K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1177 | −0.147% | — | $6.6M | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1176 | −0.228% | $189K | $924K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1180 | +0.133% | $1K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1178 | −0.036% | $36K | $50K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1176 | −0.187% | $16K | $268K | 10x | as long as short |
| BloFin AVNT-USDT | +0.0110% | 4h | 0.1178 | −0.020% | $161K | $56K | 75x | as long as short |
| GMX AVNT/USD [ETH-USDC]long | L +0.0289% / S −0.0808% | 1h | 0.1178 | long leg | $7K | — | 100x |
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
BloFin AVNT-USDT