Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against Aster−0.027%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$340.341% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days+0.044%+$4 · spread now −0.027%, 7d avg +0.011%

Together, before fees+0.032%+ Points / potential airdropAster: Stage 5 · farm board+$3 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: Bitget is 0.038% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.233	0.0100	pay 0.0100% / 8h	1h 00m	$2.3M	$1.8M	75x
Short	Bitget AVAXUSDT	11.230	0.0100	get 0.0100% / 8h	1h 00m	$34.3M	$59.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.011%: −$3.76
Slippage, 4 orders: −$14.15
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$37.91
Costs to cover: 0.341%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Bitget: live order book, 3 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	2.23 bp	8.5 bp −$8	19.8 bp −$198	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.44 bp	8.7 bp −$9	15.6 bp −$156	39.2 bp −$3,916	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
Injective AVAX/USDC PERP	−0.0570%	1h	11.180	−0.472%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.226	−0.062%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0045%	1h	11.228	−0.045%	$296K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.235	+0.021%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.227	−0.053%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0027%	8h	11.231	−0.018%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.232	−0.012%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.229	−0.036%	$17K	$686K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.225	−0.067%	$13K	$766	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.233	long leg	$2.3M	$1.8M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.232	−0.005%	$298K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.227	−0.049%	$120.0M	$523.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.228	−0.045%	$89.2M	$157.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.229	−0.036%	$20.2M	$145.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.230	−0.027%	$12.5M	$40.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.230	−0.027%	$51.2M	$100.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.235	+0.018%	$15.8M	$24.5M	75x	as long as short
Bitget AVAXUSDTshort	+0.0100%	8h	11.230	−0.027%	$34.3M	$59.8M	75x
BingX AVAX-USDT	+0.0100%	8h	11.231	−0.018%	—	$88.8M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.234	+0.009%	$359K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.220	−0.119%	$358K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.224	−0.080%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.230	−0.027%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.235	+0.018%	$204K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.259	+0.231%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.225	−0.071%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.229	−0.040%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.227	−0.053%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.227	−0.051%	$670K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.227	−0.055%	$258K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.245	+0.107%	$913K	$8.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.234	+0.009%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.226	−0.067%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0413% / S −0.0263%	1h	11.227	−0.051%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0572%	1h	11.246	+0.118%	$43.5M	$56.7M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0630%	1h	11.231	−0.014%	$4.6M	$13.4M	50x	as long as short