Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Polymarket Perps against ApeX Omni−0.252%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$410.414% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 4 days (all we have)+0.271%+$27 · spread now −0.252%, 7d avg −0.007%

Together, before fees+0.228%+$23 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: Polymarket Perps is 0.246% cheaper against ApeX Omni than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	10.705	0.0100	pay 0.0013% / 1h	35m 10s	$173K	$663K	50x
Short	Polymarket Perps AVAX-USD	10.678	0.0100	get 0.0013% / 1h	35m 10s	$135K	$354K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.252%Rate

Funding earned: $0
Price spread: −0.252% → −0.007%: −$24.56
Slippage, 4 orders: −$23.4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$65.96
Costs to cover: 0.414%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 8 min ago; Polymarket Perps: live order book, 7 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, 8 min ago	6.54 bp	14.2 bp −$14	74.1 bp −$741	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 7 min ago	2.34 bp	6.3 bp −$6	9.1 bp −$91	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
Nado AVAX-PERP	−0.0172%	1h	10.675	−0.280%	$285K	$340K	10x	as long as short
Variational Omni AVAX	−0.0045%	8h	10.676	−0.274%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.682	−0.218%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.681	−0.224%	$4.8M	$7.1M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.677	−0.258%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0030%	8h	10.681	−0.224%	$12.7M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.514%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0088%	8h	10.682	−0.213%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0092%	8h	10.677	−0.262%	$81.0M	$146.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.679	−0.243%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.678	−0.252%	$22K	$428K	50x	as long as short
SoDEX AVAX-USD	+0.0097%	1h	10.678	−0.252%	$18K	$72K	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.689	−0.149%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.685	−0.186%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.686	−0.175%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.682	−0.215%	$113.4M	$425.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.679	−0.243%	$18.7M	$112.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.683	−0.206%	$45.2M	$80.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.678	−0.252%	$13.6M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.678	−0.252%	$32.3M	$48.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.682	−0.215%	—	$54.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.686	−0.177%	$435K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.701	−0.040%	$340K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	10.705	long leg	$173K	$663K	50x
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.678	−0.252%	$135K	$354K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.686	−0.177%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.706	+0.006%	$11K	$765K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.678	−0.248%	$336K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.680	−0.234%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.672	−0.304%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.674	−0.286%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.683	−0.205%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.694	−0.103%	$930K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.676	−0.271%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.674	−0.291%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.684	−0.195%	$226K	—	120x	as long as short