Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against Aster−0.066%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on Aster Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.066%, 7d avg +0.032%

Together, before fees+0.037%+ Points / potential airdropAster: Stage 5 · farm board+$4 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 0.098% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.090	0.0100	pay 0.0100% / 8h	6h 09m	$2.3M	$1.4M	75x
Short	Binance AVAXUSDT	11.083	0.0100	get 0.0100% / 8h	6h 09m	$118.2M	$450.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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 AsterbpFee BinancebpOrdersPrice spread, now −0.066%Rate

Funding earned: $0
Price spread: −0.066% → +0.032%: −$9.83
Slippage, 4 orders: −$11.77
Fee Aster: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$39.6
Costs to cover: 0.298%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Binance: live order book, 5 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 Aster live order book, 4 min ago	2.25 bp	7.9 bp −$8	18.5 bp −$185	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.45 bp	7.6 bp −$8	15.5 bp −$155	47.9 bp −$4,790	135.5 bp −$67.8K

AVAX on 35 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	11.070	−0.183%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0201%	1h	11.083	−0.066%	$5.2M	$8.1M	25x	as long as short
Nado AVAX-PERP	−0.0040%	1h	11.090	−0.003%	$285K	$492K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.097	+0.063%	$102K	$91K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.085	−0.046%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0061%	8h	11.084	−0.057%	$12.1M	$36.7M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.084	−0.057%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.083	−0.066%	$15K	$578K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.094	+0.036%	$13K	$434	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.090	long leg	$2.3M	$1.4M	75x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.097	+0.059%	$295K	$107K	10x	as long as short
Binance AVAXUSDTshort	+0.0100%	8h	11.083	−0.066%	$118.2M	$450.1M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.083	−0.066%	$88.2M	$141.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.084	−0.057%	$19.9M	$121.5M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.084	−0.057%	$48.5M	$82.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.089	−0.012%	$15.5M	$22.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.077	−0.120%	$33.3M	$50.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.084	−0.057%	—	$82.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.084	−0.057%	$354K	$511K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.107	+0.147%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.104	+0.125%	$354K	$790K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.108	+0.160%	$179K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.085	−0.048%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.090	−0.003%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.121	+0.273%	$12K	$710K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.085	−0.048%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.092	+0.019%	$360K	$854K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.086	−0.039%	$29.6M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.082	−0.077%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.078	−0.108%	$254K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.082	−0.073%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.089	−0.016%	$4.3M	$11.7M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.097	+0.060%	$901K	$5.7M	50x	as long as short
Hyperliquid AVAX	+0.0385%	1h	11.098	+0.069%	$43.1M	$44.7M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.085	−0.047%	$235K	—	120x	as long as short