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 −0.009%

Price spread now: OKX against Aster−0.280%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 7 days+0.318%+$32 · spread now −0.280%, 7d avg +0.008%

Together, before fees+0.265%+ Points / potential airdropAster: Stage 5 · farm board+$27 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: OKX is 0.288% cheaper against Aster than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.105	0.0100	pay 0.0100% / 8h	4h 28m	$2.3M	$1.1M	75x
Short	OKX AVAX-USDT-SWAP	11.074	0.0100	get 0.0100% / 8h	4h 28m	$20.4M	$114.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.280%Rate

Funding earned: $0
Price spread: −0.280% → +0.008%: −$28.79
Slippage, 4 orders: −$13.55
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$60.34
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; OKX: live order book, 6 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, 5 min ago	1.79 bp	8.4 bp −$8	20.9 bp −$209	doesn't fit	doesn't fit
Sell OKX live order book, 6 min ago	0.45 bp	7.4 bp −$7	16.6 bp −$166	53.4 bp −$5,343	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	−0.1423%	1h	11.100	−0.046%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0111%	1h	11.077	−0.253%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0029%	1h	11.108	+0.026%	$286K	$368K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.114	+0.078%	$97K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.091	−0.124%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.081	−0.221%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.103	−0.019%	$16K	$548K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.108	+0.025%	$13K	$434	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.105	long leg	$2.3M	$1.1M	75x
Pacifica AVAX	+0.0100%	1h	11.112	+0.064%	$290K	$114K	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	11.076	−0.262%	$117.6M	$426.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.072	−0.298%	$87.8M	$137.5M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	11.074	−0.280%	$20.4M	$114.8M	50x
Gate AVAX_USDT	+0.0100%	8h	11.076	−0.262%	$12.2M	$34.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.075	−0.271%	$47.6M	$77.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.082	−0.208%	$15.6M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.073	−0.289%	$33.2M	$48.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.075	−0.271%	—	$78.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.075	−0.271%	$335K	$521K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.137	+0.283%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.143	+0.343%	$353K	$853K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.143	+0.341%	$179K	$672K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.104	−0.010%	$130K	$337K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.092	−0.118%	$195K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.133	+0.248%	$12K	$704K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.079	−0.235%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.079	−0.230%	$362K	$819K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.081	−0.217%	$29.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.076	−0.265%	$685K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.081	−0.217%	$255K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0212%	1h	11.084	−0.194%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.138	+0.296%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.090	−0.136%	$887K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.103	−0.021%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.092	−0.115%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0580%	1h	11.092	−0.118%	$43.0M	$42.3M	10x	as long as short