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 −0.012%

Price spread now: GRVT against Aster−0.036%80s7-day average +0.051% · 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—prices read too far apart to compare

costs, in and out, $10k−$360.355% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.078%+$8 · spread now −0.036%, 7d avg +0.051%

Together, before fees+0.086%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$9 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: GRVT is 0.087% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.051%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.236	0.0100	pay 0.0100% / 8h	32m 16s	$2.3M	$1.7M	75x
Short	GRVT AVAX_USDT_Perp	11.232	0.0100	get 0.0100% / 8h	32m 16s	$352K	$862K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → +0.051%: −$8.73
Slippage, 4 orders: −$18.52
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$44.24
Costs to cover: 0.355%
Break-even: never at this rate

Slippage from Aster: live order book, 1 min ago; GRVT: live order book, 46 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, 1 min ago	2.23 bp	10.2 bp −$10	21.6 bp −$216	doesn't fit	doesn't fit
Sell GRVT live order book, 46 min ago	1.78 bp	10.9 bp −$11	19.2 bp −$192	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
Injective AVAX/USDC PERP	−0.1451%	1h	11.190	−0.409%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.231	−0.044%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0093%	1h	11.235	−0.004%	$296K	$883K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.236	−0.002%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.235	−0.005%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0072%	8h	11.226	−0.087%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.235	−0.012%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.236	0.000%	$19K	$673K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.235	−0.007%	$13K	$766	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.236	long leg	$2.3M	$1.7M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.240	+0.036%	$299K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.232	−0.032%	$120.2M	$513.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.233	−0.027%	$89.4M	$155.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.232	−0.036%	$20.2M	$143.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.233	−0.027%	$12.5M	$40.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.233	−0.027%	$51.5M	$93.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.238	+0.018%	$15.8M	$24.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.233	−0.027%	$34.2M	$58.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.234	−0.018%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.235	−0.009%	$359K	$563K	15x	as long as short
GRVT AVAX_USDT_Perpshort	+0.0100%	8h	11.232	−0.036%	$352K	$862K	10x
ApeX Omni AVAXUSDT	+0.0100%	1h	11.228	−0.071%	$180K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.238	+0.018%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.242	+0.053%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.267	+0.274%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.232	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.236	−0.004%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.232	−0.036%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.230	−0.053%	$672K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.235	−0.011%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.233	−0.027%	$5.0M	$7.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.231	−0.043%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.239	+0.029%	$4.6M	$13.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.245	+0.080%	$914K	$7.9M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0423% / S −0.0278%	1h	11.234	−0.013%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0811%	1h	11.253	+0.151%	$43.7M	$55.1M	10x	as long as short