Funding you earn now, next payment 12:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against OKX−0.078%83s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.078%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.068% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.100%, so the current rate has only just turned against you. The two prices were read 83 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 | OKX AVNT-USDT-SWAP | 0.1154 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $685K | $1.9M | 20x |
| Short | BloFin AVNT-USDT | 0.1153 | 0.0072 | get 0.0036% / 4h | 1h 05m | $158K | $55K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$5.94
- Price spread: −0.078% → −0.010%
- −$6.85
- Slippage, 4 orders
- −$75.65
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$110.44
- Costs to cover
- 0.977%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 31 min ago.
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 OKX live order book, 4 min ago | 1.74 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 31 min ago | 4.33 bp | 18.2 bp −$18 | 51.4 bp −$514 | doesn't fit | doesn't fit |
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 | −0.0271% | 1h | 0.1152 | −0.156% | $151 | $445 | 10x | as long as short |
| BloFin AVNT-USDTshort | +0.0072% | 4h | 0.1153 | −0.078% | $158K | $55K | 75x | |
| Lighter AVNT | +0.0096% | 1h | 0.1155 | +0.139% | $50K | $54K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1154 | −0.017% | $657K | $336K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1154 | +0.023% | $30K | $50K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1154 | +0.017% | $3.2M | $6.9M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1153 | −0.095% | $2.8M | $2.1M | 50x | as long as short |
| OKX AVNT-USDT-SWAPlong | +0.0100% | 4h | 0.1154 | long leg | $685K | $1.9M | 20x | |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1153 | −0.069% | $221K | $271K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1153 | −0.069% | $2.5M | $989K | 100x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1153 | −0.026% | $2.1M | $4.3M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1154 | +0.009% | $657K | $301K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1154 | −0.009% | — | $6.6M | — | as long as short |
| Backpack AVNT_USDC_PERP | +0.0100% | 1h | 0.1153 | −0.061% | $30K | $41K | 5x | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1150 | −0.315% | $18K | $107K | — | as long as short |
| GRVT AVNT_USDT_Perp | +0.0100% | 4h | 0.1153 | −0.069% | $188K | $878K | 10x | as long as short |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1153 | −0.026% | $2K | $1.3M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1153 | −0.043% | $36K | $31K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1153 | −0.030% | $16K | $260K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0287% / S −0.0808% | 1h | 0.1153 | −0.068% | $7K | — | 100x | as long as short |
| Coinbase International AVNT-PERP-INTX | +0.0536% | 1h | 0.1179 | +2.193% | $14K | $12K | 50x | as long as short |
OKX AVNT-USDT-SWAP
BloFin AVNT-USDT
Deribit AVNT_USDC-PERPETUAL
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
Gate AVNT_USDT
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
BingX AVNT-USDT
Backpack AVNT_USDC_PERP
Variational Omni AVNT
GRVT AVNT_USDT_Perp
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]
Coinbase International AVNT-PERP-INTX