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 −0.001%

Price spread now: BingX against Aster+0.009%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

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

costs, in and out, $10k−$400.398% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.033%−$3 · spread now +0.009%, 7d avg +0.010%

Together, before fees−0.036%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.071	0.0100	pay 0.0100% / 8h	6h 54m	$2.3M	$1.4M	75x
Short	BingX AVAX-USDC	11.072	0.0100	get 0.0100% / 8h	6h 54m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → +0.010%: −$0.13
Slippage, 4 orders: −$21.79
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$39.93
Costs to cover: 0.398%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; BingX: live order book, 11 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, 3 min ago	2.24 bp	7.9 bp −$8	19.0 bp −$190	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	0.89 bp	9.5 bp −$10	25.4 bp −$254	79.4 bp −$7,942	572.5 bp −$286.3K

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	11.020	−0.461%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0112%	1h	11.061	−0.090%	$5.2M	$8.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.065	−0.055%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.059	−0.104%	$13K	—	150x	as long as short
Nado AVAX-PERP	+0.0090%	1h	11.055	−0.149%	$288K	$576K	10x	as long as short
Lighter AVAX	+0.0096%	1h	11.066	−0.050%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.063	−0.072%	$17K	$606K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.071	+0.002%	$13K	$434	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.071	long leg	$2.3M	$1.4M	75x
Pacifica AVAX	+0.0100%	1h	11.067	−0.033%	$294K	$107K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.072	+0.007%	$117.9M	$473.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.073	+0.018%	$88.1M	$146.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.073	+0.018%	$19.7M	$127.7M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.071	0.000%	$12.1M	$36.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.074	+0.027%	$48.7M	$81.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.074	+0.027%	$15.4M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.071	0.000%	$33.4M	$53.1M	75x	as long as short
BingX AVAX-USDCshort	+0.0100%	8h	11.072	+0.009%	—	$6.5M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.076	+0.045%	$354K	$551K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.074	+0.025%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.134	+0.565%	$354K	$844K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.143	+0.650%	$179K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.060	−0.099%	$130K	$369K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.069	−0.018%	$194K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.090	+0.170%	$12K	$720K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.065	−0.054%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.063	−0.068%	$360K	$940K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.073	+0.018%	$29.6M	$5.3M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.070	−0.010%	$664K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.061	−0.092%	$254K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.072	+0.009%	$5.0M	$6.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.055	−0.146%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0256%	1h	11.069	−0.018%	$4.3M	$12.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.066	−0.045%	$907K	$6.3M	50x	as long as short
Hyperliquid AVAX	+0.0379%	1h	11.087	+0.145%	$43.2M	$49.1M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.058	−0.119%	$235K	—	120x	as long as short