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 +0.015%

Price spread now: HTX against Binance+0.096%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$910.912% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 3 days (all we have)−0.204%−$20 · spread now +0.096%, 7d avg −0.018%

Together, before fees−0.137%−$14 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: HTX is 0.114% dearer against Binance than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	11.209	0.0100	pay 0.0100% / 8h	7h 56m	$120.1M	$509.8M	75x
Short	HTX AVAX-USDT	11.220	0.0100	get 0.0100% / 8h	7h 56m	$362K	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.096%Rate

Funding earned: $0
Price spread: +0.096% → −0.018%: $11.43
Slippage, 4 orders: −$69.17
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$79.75
Costs to cover: 0.912%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; HTX: live order book, 2 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 Binance live order book, 2 min ago	0.44 bp	6.2 bp −$6	13.4 bp −$134	40.4 bp −$4,037	133.1 bp −$66.6K
Sell HTX live order book, 2 min ago	27.31 bp	33.4 bp −$33	82.1 bp −$821	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	11.180	−0.256%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0107%	1h	11.215	+0.056%	$5.3M	$8.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.222	+0.118%	$103K	$105K	10x	as long as short
Nado AVAX-PERP	+0.0001%	1h	11.216	+0.065%	$296K	$879K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.221	+0.109%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0021%	8h	11.211	+0.020%	$12.5M	$37.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.215	+0.053%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.217	+0.074%	$18K	$663K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.218	+0.085%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.215	+0.059%	$2.3M	$1.7M	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	11.220	+0.099%	$298K	$118K	10x	as long as short
Binance AVAXUSDTlong	+0.0100%	8h	11.209	long leg	$120.1M	$509.8M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.210	+0.011%	$89.4M	$154.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.207	−0.016%	$20.3M	$142.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.210	+0.011%	$49.8M	$87.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.216	+0.065%	$15.6M	$24.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.210	+0.011%	$34.2M	$57.5M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.210	+0.011%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.212	+0.029%	$358K	$562K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.228	+0.172%	$3.0M	$2.4M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.230	+0.187%	$362K	$873K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.234	+0.225%	$180K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.219	+0.091%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.224	+0.136%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.250	+0.367%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.212	+0.029%	$19K	$72K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	11.220	+0.096%	$362K	$1.0M	75x
Phemex AVAXUSDT	+0.0100%	8h	11.214	+0.047%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.207	−0.012%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.220	+0.097%	$258K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0214%	1h	11.218	+0.082%	$4.6M	$12.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.211	+0.020%	$5.0M	$6.9M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.215	+0.056%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.227	+0.163%	$916K	$7.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0435% / S −0.0258%	1h	11.221	+0.106%	$250K	—	120x	as long as short
Hyperliquid AVAX	+0.0675%	1h	11.229	+0.181%	$43.8M	$55.0M	10x	as long as short