Funding arb · Price arb /

AVNT

all AVNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.045%

Price spread now: Backpack against KuCoin+0.043%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 6 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. Backpack is 0.043% dearer against KuCoin than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVNTUSDTM	0.1163	0.0100	pay 0.0050% / 4h	2h 00m	$2.1M	$4.4M	25x
Short	Backpack AVNT_USDC_PERP	0.1163	0.0072	get 0.0009% / 1h	0m 44s	$30K	$43K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against KuCoin. 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 KuCoinbpFee BackpackbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$5.98
Price spread: +0.043% → 0.000%: $4.3
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$23.68
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; Backpack: 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 KuCoin live order book, 5 min ago	2.57 bp	74.8 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

Backpack: 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 exchanges

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	0.0000%	1h	0.1162	−0.060%	$152	$445	10x	as long as short
BloFin AVNT-USDT	+0.0070%	4h	0.1162	−0.043%	$159K	$54K	75x	as long as short
Backpack AVNT_USDC_PERPshort	+0.0072%	1h	0.1163	+0.043%	$30K	$43K	5x
Lighter AVNT	+0.0096%	1h	0.1167	+0.327%	$51K	$49K	5x	as long as short
Hyperliquid AVNT	+0.0100%	1h	0.1163	+0.034%	$664K	$341K	5x	as long as short
Aster AVNTUSDT	+0.0100%	4h	0.1164	+0.069%	$31K	$49K	5x	as long as short
Binance AVNTUSDT	+0.0100%	4h	0.1164	+0.073%	$3.2M	$6.9M	50x	as long as short
Bybit AVNTUSDT	+0.0100%	4h	0.1162	−0.069%	$2.8M	$2.2M	50x	as long as short
OKX AVNT-USDT-SWAP	+0.0100%	4h	0.1162	−0.077%	$694K	$1.9M	20x	as long as short
Gate AVNT_USDT	+0.0100%	8h	0.1161	−0.155%	$226K	$271K	50x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AVNT_USDT	+0.0100%	4h	0.1163	+0.017%	$2.5M	$1.0M	100x	as long as short
KuCoin AVNTUSDTMlong	+0.0100%	4h	0.1163	long leg	$2.1M	$4.4M	25x
Bitget AVNTUSDT	+0.0100%	4h	0.1163	−0.009%	$673K	$295K	20x	as long as short
BingX AVNT-USDT	+0.0100%	4h	0.1163	−0.026%	—	$6.6M	—	as long as short
Variational Omni AVNT	+0.0100%	4h	0.1162	−0.028%	$19K	$111K	—	as long as short
GRVT AVNT_USDT_Perp	+0.0100%	4h	0.1165	+0.185%	$194K	$900K	10x	as long as short
SunX AVNT-USDT	+0.0100%	4h	0.1165	+0.163%	$1K	$1.3M	20x	as long as short
HTX AVNT-USDT	+0.0100%	4h	0.1163	−0.017%	$36K	$31K	10x	as long as short
Extended AVNT-USD	+0.0104%	1h	0.1162	−0.087%	$20K	$263K	10x	as long as short
Coinbase International AVNT-PERP-INTX	+0.0264%	1h	0.1179	+1.402%	$14K	$16K	50x	as long as short
GMX AVNT/USD [ETH-USDC]	L +0.0287% / S −0.0808%	1h	0.1162	−0.062%	$7K	—	100x	as long as short