Funding you earn now, next payment 06:00 UTC−0.0705%/8h= −77.2% APRnext payment −$0.88 per $10,000 · paid last 24h −0.222%
Price spread now: Deribit against Lighter−0.505%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Deribit is 0.505% cheaper against Lighter than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AVNT | 0.1169 | 0.0096 | pay 0.0012% / 1h | 27m 28s | $53K | $51K | 5x |
| Short | Deribit AVNT_USDC-PERPETUAL | 0.1163 | −0.0609 | pay 0.0076% / 1h | 27m 28s | $152 | $245 | 10x |
Lighter AVNT
Deribit AVNT_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Lighter. 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
- −$148.03
- Price spread: −0.505% → 0.000%
- −$50.46
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$205.49
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Deribit: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Lighter and Deribit: 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 | −0.1552% | 1h | 0.1151 | −1.591% | $16K | $19K | 50x | as long as short |
| Deribit AVNT_USDC-PERPETUALshort | −0.0609% | 1h | 0.1163 | −0.505% | $152 | $245 | 10x | |
| Backpack AVNT_USDC_PERP | −0.0168% | 1h | 0.1165 | −0.376% | $31K | $47K | 5x | as long as short |
| Aster AVNTUSDT | +0.0039% | 4h | 0.1162 | −0.614% | $31K | $45K | 5x | as long as short |
| Lighter AVNTlong | +0.0096% | 1h | 0.1169 | long leg | $53K | $51K | 5x | |
| BloFin AVNT-USDT | +0.0097% | 4h | 0.1166 | −0.299% | $163K | $55K | 75x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1163 | −0.513% | $682K | $346K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1162 | −0.616% | $3.2M | $7.8M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1161 | −0.710% | $2.9M | $2.8M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1161 | −0.667% | $715K | $2.3M | 20x | as long as short |
Coinbase International AVNT-PERP-INTX
Backpack AVNT_USDC_PERP
Aster AVNTUSDT
BloFin AVNT-USDT
Hyperliquid AVNT
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 | 0.1162 | −0.616% | $246K | $215K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1164 | −0.445% | $2.5M | $1.0M | 100x | as long as short |
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1164 | −0.462% | $2.1M | $4.6M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1163 | −0.505% | $670K | $338K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1162 | −0.599% | — | $6.6M | — | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1159 | −0.901% | $51K | $84K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1166 | −0.274% | $201K | $939K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1166 | −0.257% | $2K | $1.4M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1166 | −0.316% | $36K | $68K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1163 | −0.569% | $20K | $259K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0289% / S −0.0808% | 1h | 0.1163 | −0.523% | $7K | — | 100x | as long as short |
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
GMX AVNT/USD [ETH-USDC]