Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: Polymarket Perps against Aster−0.482%56s7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as 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−$310.312% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 3 days (all we have)+0.988%+$99 · spread now −0.482%, 7d avg +0.054%

Together, before fees+0.978%+ Points / potential airdropAster: Stage 5 · farm board+$98 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: Polymarket Perps is 0.536% cheaper against Aster than usual: you would sell low and buy high, −$54 on $10k if it goes back to its 7-day average of +0.054%. The two prices were read 56 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	11.175	0.0100	pay 0.0100% / 8h	2h 55m	$2.3M	$2.0M	75x
Short	Polymarket Perps AVAX-USD	11.121	0.0100	get 0.0013% / 1h	55m 36s	$116K	$476K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.482%Rate

Funding earned: $0
Price spread: −0.482% → +0.054%: −$53.63
Slippage, 4 orders: −$15.24
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$84.87
Costs to cover: 0.312%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Polymarket Perps: live order book, 32 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	2.25 bp	8.8 bp −$9	20.6 bp −$206	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 32 min ago	1.36 bp	9.1 bp −$9	10.8 bp −$108	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
Variational Omni AVAX	−0.0194%	8h	11.123	−0.460%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0172%	1h	11.186	+0.100%	$299K	$963K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.142	−0.294%	$5.3M	$9.4M	25x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.670%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0040%	1h	11.183	+0.074%	$666K	$2.2M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.186	+0.099%	$98K	$127K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.132	−0.384%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0013%	8h	11.189	+0.126%	$85.6M	$148.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0025%	8h	11.190	+0.135%	$20.0M	$147.7M	50x	as long as short
Backpack AVAX_USDC_PERP	+0.0044%	1h	11.143	−0.285%	$317K	$551K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX AVAX-USD	+0.0048%	1h	11.140	−0.312%	$19K	$72K	10x	as long as short
Gate AVAX_USDT	+0.0050%	8h	11.175	+0.001%	$12.4M	$39.2M	75x	as long as short
Phemex AVAXUSDT	+0.0051%	8h	11.136	−0.348%	$29.8M	$4.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.134	−0.366%	$902K	$8.1M	50x	as long as short
MEXC AVAX_USDT	+0.0060%	8h	11.184	+0.082%	$54.6M	$108.0M	200x	as long as short
Binance AVAXUSDT	+0.0061%	8h	11.190	+0.132%	$120.0M	$541.0M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	11.177	+0.015%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.184	+0.082%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.188	+0.117%	$12K	$698K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.133	−0.370%	$256K	—	3x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.175	long leg	$2.3M	$2.0M	75x
Pacifica AVAX	+0.0100%	1h	11.185	+0.092%	$297K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.186	+0.100%	$16.3M	$24.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.183	+0.073%	$34.4M	$61.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.183	+0.073%	—	$90.5M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.114	−0.545%	$358K	$905K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.113	−0.554%	$179K	$684K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	11.121	−0.482%	$116K	$476K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.142	−0.294%	$200K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.149	−0.236%	$12K	$709K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.127	−0.424%	$355K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0181%	8h	11.111	−0.572%	$5.0M	$8.9M	100x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.118	−0.511%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0258%	1h	11.150	−0.222%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0407% / S −0.0244%	1h	11.131	−0.396%	$240K	—	120x	as long as short
Hyperliquid AVAX	+0.0448%	1h	11.194	+0.171%	$42.3M	$58.7M	10x	as long as short