Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%
Price spread now: Pacifica against Binance+0.102%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.102%, 7d avg +0.006%
Together, before fees−0.036%+ Points / potential airdropPacifica: Active · 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: Pacifica is 0.096% dearer against Binance than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance AVAXUSDT10.5840.0100pay 0.0100% / 8h2h 41m$111.1M$426.1M75x
ShortPacifica AVAX10.5950.0100get 0.0013% / 1h41m 28s$266K$130K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
$0
Price spread: +0.102% → +0.006%
$9.57
Slippage, 4 orders
−$18.13
Fee Binance: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$26.56
Costs to cover
0.361%
Break-even
never at this rate
Slippage from Binance: live order book, 2 min ago; Pacifica: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago0.47 bp6.0 bp −$614.8 bp −$14854.7 bp −$5,474180.6 bp −$90.3K
Sell Pacifica live order book, 7 min ago5.19 bp12.2 bp −$12doesn't fitdoesn't fitdoesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1423%1h10.760+1.661%$17K$152K12xas long as short
Kraken Futures PF_AVAXUSD−0.0281%1h10.601+0.158%$4.2M$11.3M50xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0033%1h10.595+0.102%$4.7M$7.5M25xas long as short
dYdX AVAX-USD0.0000%1h10.596+0.115%$93K$101K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.5840.000%$12K150xas long as short
Nado AVAX-PERP+0.0015%1h10.576−0.073%$285K$326K10xas long as short
Gate AVAX_USDT+0.0016%8h10.591+0.064%$12.1M$32.0M75xas long as short
Variational Omni AVAX+0.0026%8h10.572−0.119%$2.8M$2.2Mas long as short
Polymarket Perps AVAX-USD+0.0032%1h10.587+0.026%$132K$355K10xas long as short
Paradex AVAX-USD-PERP+0.0096%8h10.586+0.013%$12K$21220xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.594+0.092%$1.2M$2.6M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.587+0.026%$13K$443K50xas long as short
Backpack AVAX_USDC_PERP+0.0097%1h10.593+0.083%$372K$534K15xas long as short
Hyperliquid AVAX+0.0100%1h10.590+0.052%$38.2M$43.3M10xas long as short
Aster AVAXUSDT+0.0100%8h10.592+0.074%$2.1M$1.1M75xas long as short
Pacifica AVAXshort+0.0100%1h10.595+0.102%$266K$130K10x
Binance AVAXUSDTlong+0.0100%8h10.584long leg$111.1M$426.1M75x
Bybit AVAXUSDT+0.0100%8h10.574−0.097%$78.4M$143.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.584−0.002%$18.6M$110.7M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.585+0.007%$41.3M$79.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.579−0.049%$13.3M$22.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.580−0.040%$31.6M$49.0M75xas long as short
BingX AVAX-USDT+0.0100%8h10.586+0.017%$54.4Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.589+0.045%$337K$960K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.605+0.196%$171K$662K50xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.600+0.149%$168K$339K20xas long as short
SunX AVAX-USDT+0.0100%8h10.622+0.359%$11K$745K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.594+0.092%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.595+0.097%$350K$765K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.600+0.149%$28.3M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.579−0.052%$638K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.594+0.088%$243K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0216%1h10.608+0.225%$846K$4.7M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.596+0.111%$4.7M$5.5M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.581−0.027%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0263%1h10.583−0.014%$234K120xas long as short