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 +0.010%

Price spread now: KuCoin against Binance+0.059%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days−0.073%−$7 · spread now +0.059%, 7d avg −0.003%

Together, before fees−0.119%−$12 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: KuCoin is 0.063% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	11.194	0.0100	pay 0.0100% / 8h	7h 08m	$119.5M	$474.8M	75x
Short	KuCoin AVAXUSDTM	11.201	0.0100	get 0.0100% / 8h	7h 08m	$15.4M	$23.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → −0.003%: $6.29
Slippage, 4 orders: −$21.2
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$36.91
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 6 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, 6 min ago	0.45 bp	5.7 bp −$6	12.0 bp −$120	37.9 bp −$3,786	126.4 bp −$63.2K
Sell KuCoin live order book, 6 min ago	0.45 bp	15.9 bp −$16	31.0 bp −$310	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	11.170	−0.217%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0066%	1h	11.204	+0.086%	$294K	$680K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0018%	1h	11.200	+0.051%	$5.3M	$8.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.206	+0.101%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.203	+0.077%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.198	+0.033%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.201	+0.059%	$15K	$608K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.195	+0.008%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.202	+0.066%	$2.3M	$1.5M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.204	+0.090%	$297K	$107K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDTlong	+0.0100%	8h	11.194	long leg	$119.5M	$474.8M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.195	+0.006%	$89.0M	$147.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.194	−0.003%	$20.0M	$130.2M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.198	+0.033%	$12.2M	$38.5M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.194	−0.003%	$50.9M	$89.2M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.201	+0.059%	$15.4M	$23.0M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.195	+0.006%	$34.0M	$53.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.197	+0.024%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.196	+0.015%	$358K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.214	+0.172%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.202	+0.068%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.221	+0.238%	$180K	$687K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.204	+0.086%	$131K	$370K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.209	+0.131%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.236	+0.370%	$12K	$718K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.197	+0.024%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.202	+0.065%	$364K	$945K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.198	+0.033%	$30.0M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.192	−0.021%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.202	+0.068%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.203	+0.073%	$4.3M	$12.5M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.204	+0.086%	$5.0M	$6.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.200	+0.051%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.212	+0.158%	$912K	$6.4M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0297%	1h	11.202	+0.064%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0666%	1h	11.211	+0.151%	$43.8M	$48.9M	10x	as long as short