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 +0.001%

Price spread now: Aster against BingX+0.071%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.136%−$14 · spread now +0.071%, 7d avg −0.012%

Together, before fees−0.134%+ Points / potential airdropAster: Stage 5 · farm board−$13 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: Aster is 0.083% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AVAX-USDT	10.683	0.0100	pay 0.0100% / 8h	1h 04m	—	$54.5M	—
Short	Aster AVAXUSDT	10.691	0.0100	get 0.0100% / 8h	1h 04m	$2.2M	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.071%Rate

Funding earned: $0
Price spread: +0.071% → −0.012%: $8.33
Slippage, 4 orders: −$10.02
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$19.69
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; Aster: live order book, 4 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 BingX live order book, 5 min ago	0.47 bp	5.5 bp −$5	6.8 bp −$68	12.0 bp −$1,201	26.9 bp −$13.4K
Sell Aster live order book, 4 min ago	2.33 bp	8.3 bp −$8	19.9 bp −$199	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
Nado AVAX-PERP	−0.0195%	1h	10.686	+0.028%	$281K	$337K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0125%	1h	10.676	−0.066%	$4.8M	$6.9M	25x	as long as short
Variational Omni AVAX	−0.0062%	8h	10.713	+0.277%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.685	+0.018%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.679	−0.038%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0014%	8h	10.684	+0.009%	$12.9M	$32.5M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.721%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0076%	1h	10.674	−0.084%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0085%	8h	10.689	+0.052%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.681	−0.019%	$81.5M	$144.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.682	−0.009%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.682	−0.009%	$25K	$474K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.691	+0.075%	$37.1M	$43.6M	10x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	10.691	+0.071%	$2.2M	$1.0M	75x
Pacifica AVAX	+0.0100%	1h	10.699	+0.150%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.685	+0.019%	$113.1M	$420.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.679	−0.037%	$18.8M	$111.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.684	+0.009%	$45.1M	$81.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.685	+0.019%	$13.6M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.687	+0.037%	$32.3M	$48.3M	75x	as long as short
BingX AVAX-USDTlong	+0.0100%	8h	10.683	long leg	—	$54.5M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.687	+0.037%	$436K	$560K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.728	+0.422%	$339K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.728	+0.421%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.679	−0.037%	$134K	$348K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.683	0.000%	$230K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.723	+0.375%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.684	+0.005%	$325K	$892K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.686	+0.028%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.670	−0.118%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.674	−0.081%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.676	−0.061%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.729	+0.431%	$853K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.695	+0.112%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.673	−0.091%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.679	−0.036%	$225K	—	120x	as long as short