Settings8H · net · $10k
Funding arb · Price arb /

AVNT

all AVNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Bybit against Hyperliquid−0.145%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1131.133% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.198%+$20 on $10k
Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.145%, 7d avg −0.011%
Together, before fees+0.344%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.134% cheaper against Hyperliquid than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AVNT0.11700.0100pay 0.0013% / 1h22m 48s$700K$307K5x
ShortBybit AVNTUSDT0.11680.0100get 0.0050% / 4h3h 22m$2.9M$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Hyperliquid. 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

Funding earned
$0
Price spread: −0.145% → −0.011%
−$13.38
Slippage, 4 orders
−$93.31
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$126.69
Costs to cover
1.133%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 27 min ago; Bybit: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 27 min ago0.85 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.16 bp37.9 bp −$38125.1 bp −$1,251doesn't fitdoesn't fit

AVNT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack AVNT_USDC_PERP−0.0532%1h0.1170+0.043%$31K$47K5xas long as short
Gate AVNT_USDT−0.0001%8h0.1168−0.162%$241K$199K50xas long as short
Deribit AVNT_USDC-PERPETUAL0.0000%1h0.1169−0.051%$153$44510xas long as short
Coinbase International AVNT-PERP-INTX0.0000%1h0.1179+0.786%$14K$17K50xas long as short
Variational Omni AVNT+0.0008%4h0.1158−1.058%$18K$114Kas long as short
BloFin AVNT-USDT+0.0051%4h0.1168−0.128%$162K$55K75xas long as short
Lighter AVNT+0.0096%1h0.1172+0.162%$52K$48K5xas long as short
Hyperliquid AVNTlong+0.0100%1h0.1170long leg$700K$307K5x
Aster AVNTUSDT+0.0100%4h0.1169−0.084%$31K$52K5xas long as short
Binance AVNTUSDT+0.0100%4h0.1170−0.027%$3.2M$7.1M50xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit AVNTUSDTshort+0.0100%4h0.1168−0.145%$2.9M$2.3M50x
OKX AVNT-USDT-SWAP+0.0100%4h0.1170−0.026%$708K$2.0M20xas long as short
MEXC AVNT_USDT+0.0100%4h0.1170+0.009%$2.5M$999K100xas long as short
KuCoin AVNTUSDTM+0.0100%4h0.1169−0.060%$2.2M$4.3M25xas long as short
Bitget AVNTUSDT+0.0100%4h0.1170+0.026%$671K$315K20xas long as short
BingX AVNT-USDT+0.0100%4h0.1169−0.094%$6.6Mas long as short
GRVT AVNT_USDT_Perp+0.0100%4h0.1162−0.671%$191K$933K10xas long as short
SunX AVNT-USDT+0.0100%4h0.1172+0.205%$1K$1.3M20xas long as short
HTX AVNT-USDT+0.0100%4h0.1171+0.120%$36K$50K10xas long as short
Extended AVNT-USD+0.0104%1h0.1169−0.097%$17K$268K10xas long as short
GMX AVNT/USD [ETH-USDC]L +0.0289% / S −0.0808%1h0.1169−0.056%$7K100xas long as short