Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Aster against ApeX Omni+0.462%59s7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as 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−$420.420% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 3 days (all we have)−0.885%−$88 · spread now +0.462%, 7d avg −0.057%

Together, before fees−0.923%+ Points / potential airdropAster: Stage 5 · farm board−$92 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: Aster is 0.519% dearer against ApeX Omni than usual: you sell high and buy low, +$52 on $10k if it goes back to its 7-day average of −0.057%. The two prices were read 59 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	ApeX Omni AVAXUSDT	11.130	0.0100	pay 0.0013% / 1h	46m 40s	$179K	$685K	50x
Short	Aster AVAXUSDT	11.181	0.0100	get 0.0100% / 8h	2h 46m	$2.3M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.462%Rate

Funding earned: $0
Price spread: +0.462% → −0.057%: $51.87
Slippage, 4 orders: −$24.04
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $9.83
Costs to cover: 0.420%
Break-even: from the start

Slippage from ApeX Omni: live order book, 42 min ago; Aster: live order book, 2 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 ApeX Omni live order book, 42 min ago	4.52 bp	11.9 bp −$12	100.3 bp −$1,003	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.89 bp	7.2 bp −$7	19.1 bp −$191	doesn't fit	doesn't fit

AVAX on 36 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
Deribit AVAX_USDC-PERPETUAL	−0.0197%	1h	11.183	+0.476%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0185%	8h	11.129	−0.013%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0095%	1h	11.174	+0.400%	$296K	$956K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.270%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0016%	1h	11.181	+0.454%	$666K	$2.3M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.186	+0.503%	$98K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.177	+0.422%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0040%	8h	11.175	+0.404%	$84.7M	$149.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0042%	8h	11.173	+0.386%	$20.0M	$146.9M	50x	as long as short
Gate AVAX_USDT	+0.0047%	8h	11.179	+0.440%	$12.5M	$39.5M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0055%	8h	11.175	+0.404%	$29.9M	$4.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.184	+0.485%	$893K	$8.1M	50x	as long as short
MEXC AVAX_USDT	+0.0064%	8h	11.178	+0.431%	$54.1M	$108.6M	200x	as long as short
Binance AVAXUSDT	+0.0067%	8h	11.172	+0.379%	$119.8M	$538.6M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0094%	8h	11.179	+0.442%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.176	+0.414%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.174	+0.395%	$13K	$697K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.174	+0.391%	$257K	—	3x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.181	+0.462%	$2.3M	$2.0M	75x
Pacifica AVAX	+0.0100%	1h	11.180	+0.453%	$297K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.179	+0.440%	$15.8M	$24.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.172	+0.377%	$34.3M	$61.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.173	+0.386%	—	$90.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.184	+0.485%	$326K	$553K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.124	−0.056%	$357K	$907K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.130	long leg	$179K	$685K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.177	+0.422%	$117K	$466K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.185	+0.494%	$201K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.212	+0.735%	$12K	$712K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.179	+0.440%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.167	+0.330%	$357K	$1.1M	75x	as long as short
BloFin AVAX-USDT	+0.0185%	8h	11.174	+0.395%	$5.0M	$8.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.178	+0.430%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0257%	1h	11.186	+0.503%	$4.7M	$13.6M	50x	as long as short
Hyperliquid AVAX	+0.0385%	1h	11.195	+0.584%	$42.5M	$58.4M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.176	+0.416%	$241K	—	120x	as long as short