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 +0.008%

Price spread now: SunX against Aster+0.180%7-day average +0.281% · you sell dearer than you buy

Net, funding: paid 7d − costs−$173as in the Funding arb table

Net, price: spread back to 7d avg − costs−$187as in the Price arb table

costs, in and out, $10k−$1771.769% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.180%, 7d avg +0.281%

Together, before fees+0.040%+ Points / potential airdropAster: Stage 5 · farm board+$4 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: SunX is 0.101% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.281%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.237	0.0100	pay 0.0100% / 8h	6m 20s	$2.3M	$1.7M	75x
Short	SunX AVAX-USDT	11.257	0.0100	get 0.0100% / 8h	6m 20s	$12K	$735K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.180%Rate

Funding earned: $0
Price spread: +0.180% → +0.281%: −$10.06
Slippage, 4 orders: −$160.87
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$186.94
Costs to cover: 1.769%
Break-even: never at this rate

Slippage from Aster: live order book, 2 min ago; SunX: live order book, 55 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, 2 min ago	2.22 bp	8.4 bp −$8	21.0 bp −$210	doesn't fit	doesn't fit
Sell SunX live order book, 55 min ago	43.39 bp	102.5 bp −$102	doesn't fit	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	11.180	−0.503%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.225	−0.103%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0095%	1h	11.233	−0.032%	$296K	$877K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.239	+0.024%	$103K	$106K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.228	−0.076%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.237	+0.004%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.233	−0.032%	$18K	$663K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.232	−0.037%	$13K	$766	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.237	long leg	$2.3M	$1.7M	75x
Pacifica AVAX	+0.0100%	1h	11.239	+0.020%	$298K	$118K	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	11.226	−0.092%	$120.3M	$510.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.228	−0.076%	$89.5M	$154.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.226	−0.094%	$20.3M	$143.2M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.234	−0.023%	$12.5M	$40.4M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.231	−0.049%	$50.1M	$93.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.237	+0.004%	$15.7M	$24.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.229	−0.067%	$34.2M	$57.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.229	−0.067%	—	$86.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.237	+0.004%	$359K	$564K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.226	−0.094%	$3.0M	$2.4M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.224	−0.109%	$351K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.227	−0.085%	$180K	$687K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.235	−0.014%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.237	+0.004%	$204K	$303K	20x	as long as short
SunX AVAX-USDTshort	+0.0100%	8h	11.257	+0.180%	$12K	$735K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.229	−0.067%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.229	−0.072%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.231	−0.049%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.224	−0.109%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.224	−0.112%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.227	−0.085%	$5.0M	$7.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.226	−0.090%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.235	−0.017%	$4.6M	$13.0M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.259	+0.200%	$917K	$7.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0432% / S −0.0254%	1h	11.227	−0.081%	$250K	—	120x	as long as short
Hyperliquid AVAX	+0.0770%	1h	11.249	+0.111%	$43.9M	$55.0M	10x	as long as short