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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%
Price spread now: Kraken Futures against Aevo+0.053%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$785as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7747.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.053%, 7d avg +0.068%
Together, before fees−0.119%−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AVAX-PERP11.1530.0104pay 0.0013% / 1h44m 12s$256K3x
ShortKraken Futures PF_AVAXUSD11.1590.0211get 0.0026% / 1h44m 12s$4.3M$11.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aevo. 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
$22.46
Price spread: +0.053% → +0.068%
−$1.45
Slippage, 4 orders
−$747.71
Fee Aevo: 8 bp × 2 orders
−$16
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$752.7
Costs to cover
7.737%
Break-even
241.6 days
Slippage from Aevo: live order book, 15 min ago; Kraken Futures: live order book, 5 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 Aevo live order book, 15 min ago181.25 bp362.4 bp −$362doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago2.25 bp13.3 bp −$1319.7 bp −$19758.1 bp −$5,810doesn't fit

AVAX on 36 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
Injective AVAX/USDC PERP−0.1423%1h11.030−1.103%$17K$151K12xas long as short
Nado AVAX-PERP−0.0020%1h11.151−0.013%$287K$373K10xas long as short
dYdX AVAX-USD0.0000%1h11.147−0.051%$98K$97K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h11.1530.000%$5.2M$7.9M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.154+0.010%$13K150xas long as short
Lighter AVAX+0.0096%1h11.154+0.012%$1.2M$2.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.159+0.054%$16K$580K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.147−0.058%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.162+0.076%$2.3M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h11.151−0.018%$291K$114K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AVAXUSDT+0.0100%8h11.154+0.005%$118.3M$427.2M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.154+0.009%$88.6M$137.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.1530.000%$20.4M$116.3M50xas long as short
Gate AVAX_USDT+0.0100%8h11.160+0.063%$12.2M$34.0M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.152−0.009%$48.0M$77.5M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.159+0.054%$15.8M$21.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.154+0.009%$33.5M$48.1M75xas long as short
BingX AVAX-USDC+0.0100%8h11.1530.000%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.155+0.018%$337K$520K15xas long as short
Variational Omni AVAX+0.0100%8h11.137−0.140%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.100−0.475%$354K$835K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.119−0.305%$179K$673K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.163+0.090%$131K$337K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.161+0.072%$196K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h11.193+0.356%$12K$704K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.154+0.009%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.153+0.002%$367K$832K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.154+0.009%$29.8M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h11.151−0.017%$680K$1.4M25xas long as short
Aevo AVAX-PERPlong+0.0104%1h11.153long leg$256K3x
Kraken Futures PF_AVAXUSDshort+0.0211%1h11.159+0.053%$4.3M$11.2M50x
BloFin AVAX-USDT+0.0220%8h11.147−0.054%$5.1M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0232%1h11.154+0.009%$892K$5.3M50xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.159+0.058%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.155+0.022%$237K120xas long as short
Hyperliquid AVAX+0.0655%1h11.173+0.179%$43.5M$42.3M10xas long as short