Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%

Price spread now: Binance against ApeX Omni+0.810%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs+$42as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.064%−$6 on $10k

Price spread, last 4 days (all we have)−1.013%−$101 · spread now +0.810%, 7d avg −0.042%

Together, before fees−1.076%−$108 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: Binance is 0.852% dearer against ApeX Omni than usual: you sell high and buy low, +$85 on $10k if it goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	10.532	0.0100	pay 0.0013% / 1h	19m 31s	$170K	$662K	50x
Short	Binance AVAXUSDT	10.617	0.0100	get 0.0100% / 8h	2h 19m	$113.0M	$431.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.810%Rate

Funding earned: $0
Price spread: +0.810% → −0.042%: $85.19
Slippage, 4 orders: −$23.2
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: $41.99
Costs to cover: 0.432%
Break-even: from the start

Slippage from ApeX Omni: live order book, 29 min ago; Binance: live order book, 9 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, 29 min ago	5.66 bp	16.9 bp −$17	74.8 bp −$748	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.47 bp	6.4 bp −$6	13.2 bp −$132	43.2 bp −$4,322	122.9 bp −$61.4K

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
Injective AVAX/USDC PERP	−0.1423%	1h	10.760	+2.165%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0282%	1h	10.576	+0.417%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0054%	1h	10.617	+0.802%	$285K	$342K	10x	as long as short
Variational Omni AVAX	−0.0027%	8h	10.535	+0.025%	$2.7M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.599	+0.637%	$88K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.572	+0.380%	$4.7M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.570	+0.363%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0019%	8h	10.603	+0.674%	$12.3M	$32.8M	75x	as long as short
Backpack AVAX_USDC_PERP	+0.0034%	1h	10.588	+0.532%	$369K	$563K	15x	as long as short
Bybit AVAXUSDT	+0.0066%	8h	10.609	+0.731%	$78.2M	$145.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.596	+0.609%	$1.2M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.619	+0.826%	$18K	$437K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.599	+0.632%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.623	+0.865%	$38.0M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.612	+0.755%	$2.1M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.601	+0.656%	$265K	$131K	10x	as long as short
Binance AVAXUSDTshort	+0.0100%	8h	10.617	+0.810%	$113.0M	$431.8M	75x
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.609	+0.731%	$18.7M	$112.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.609	+0.731%	$43.9M	$80.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.594	+0.589%	$13.2M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.611	+0.750%	$32.1M	$49.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.611	+0.750%	—	$6.5M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.527	−0.047%	$337K	$978K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	10.532	long leg	$170K	$662K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	10.618	+0.817%	$132K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.575	+0.408%	$172K	$304K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.607	+0.708%	$12K	$758K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.573	+0.389%	$17K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.575	+0.413%	$344K	$804K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.572	+0.380%	$28.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.608	+0.726%	$636K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.566	+0.328%	$243K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.549	+0.161%	$836K	$4.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.545	+0.123%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.611	+0.748%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0271%	1h	10.569	+0.356%	$231K	—	120x	as long as short