Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%

Price spread now: Pacifica against Aster+0.045%48s7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as 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−$410.414% of the position

Long on Aster Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.045%, 7d avg +0.013%

Together, before fees−0.015%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board−$1 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: Pacifica is 0.032% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.013%. The two prices were read 48 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	11.160	0.0100	pay 0.0100% / 8h	7h 20m	$2.3M	$1.6M	75x
Short	Pacifica AVAX	11.165	0.0100	get 0.0013% / 1h	20m 49s	$296K	$100K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.013%: $3.2
Slippage, 4 orders: −$25.37
Fee Aster: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$38.17
Costs to cover: 0.414%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Pacifica: live order book, 52 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	10.5 bp −$10	19.4 bp −$194	doesn't fit	doesn't fit
Sell Pacifica live order book, 52 min ago	4.90 bp	13.7 bp −$14	22.9 bp −$229	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	−0.1363%	1h	11.090	−0.628%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0108%	1h	11.163	+0.026%	$5.3M	$8.5M	25x	as long as short
Nado AVAX-PERP	−0.0048%	1h	11.160	+0.004%	$293K	$780K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.164	+0.034%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.165	+0.041%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.165	+0.044%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.159	−0.010%	$16K	$614K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.161	+0.007%	$13K	$434	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.160	long leg	$2.3M	$1.6M	75x
Pacifica AVAXshort	+0.0100%	1h	11.165	+0.045%	$296K	$100K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.172	+0.109%	$119.1M	$480.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.171	+0.098%	$88.9M	$148.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.168	+0.071%	$20.0M	$132.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.170	+0.089%	$12.2M	$38.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.173	+0.116%	$48.8M	$88.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.170	+0.089%	$15.3M	$23.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.169	+0.080%	$33.9M	$53.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.172	+0.107%	—	$84.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.163	+0.026%	$357K	$551K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.163	+0.023%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.172	+0.103%	$352K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.155	−0.045%	$179K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.162	+0.017%	$131K	$373K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.171	+0.098%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.195	+0.313%	$12K	$720K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.165	+0.044%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.159	−0.014%	$361K	$945K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.163	+0.026%	$29.9M	$5.2M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.169	+0.079%	$671K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.161	+0.004%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.169	+0.080%	$4.3M	$12.6M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.160	−0.001%	$5.0M	$6.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.158	−0.016%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.171	+0.098%	$923K	$6.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0298%	1h	11.164	+0.037%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0695%	1h	11.184	+0.214%	$43.7M	$49.5M	10x	as long as short