Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.014%

Price spread now: dYdX against Binance+0.022%7-day average −0.007% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.143%−$14 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.022%, 7d avg −0.007%

Together, before fees−0.148%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.029% dearer against Binance than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.007%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	10.989	0.0100	pay 0.0100% / 8h	3h 57m	$115.8M	$428.8M	75x
Short	dYdX AVAX-USD	10.992	0	get 0.0000% / 1h	57m 45s	$96K	$97K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Binance. 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 BinancebpFee dYdXbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$21
Price spread: +0.022% → −0.007%: $2.86
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$38.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 16 min ago; dYdX: no order-book sample. Net counts fees only.

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 Binance live order book, 16 min ago	0.45 bp	7.2 bp −$7	11.5 bp −$115	31.2 bp −$3,116	124.2 bp −$62.1K
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1421%	1h	10.950	−0.359%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0023%	1h	10.987	−0.022%	$5.1M	$7.8M	25x	as long as short
dYdX AVAX-USDshort	0.0000%	1h	10.992	+0.022%	$96K	$97K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.978	−0.102%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.992	+0.021%	$4.2M	$11.2M	50x	as long as short
Nado AVAX-PERP	+0.0075%	1h	10.985	−0.036%	$285K	$368K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.989	−0.005%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.982	−0.068%	$15K	$481K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.990	+0.005%	$12K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.993	+0.033%	$2.2M	$1.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	10.993	+0.035%	$277K	$129K	10x	as long as short
Binance AVAXUSDTlong	+0.0100%	8h	10.989	long leg	$115.8M	$428.8M	75x
Bybit AVAXUSDT	+0.0100%	8h	10.985	−0.040%	$85.0M	$139.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.989	−0.004%	$20.2M	$114.2M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.988	−0.013%	$12.1M	$32.0M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.990	+0.005%	$46.1M	$77.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.992	+0.023%	$15.5M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.985	−0.040%	$32.9M	$47.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.988	−0.013%	—	$77.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.990	+0.005%	$368K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.996	+0.056%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.997	+0.069%	$351K	$882K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.999	+0.087%	$177K	$670K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.982	−0.068%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.987	−0.022%	$193K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.014	+0.225%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.988	−0.013%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.996	+0.063%	$366K	$811K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.990	+0.005%	$29.3M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.981	−0.072%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.981	−0.079%	$252K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.987	−0.022%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.994	+0.042%	$894K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.976	−0.120%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0274%	1h	11.004	+0.133%	$42.7M	$41.9M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.976	−0.119%	$233K	—	120x	as long as short