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 +0.005%

Price spread now: KuCoin against BingX+0.036%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$530.531% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.036%, 7d avg +0.018%

Together, before fees−0.094%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AVAX-USDC	11.216	0.0100	pay 0.0100% / 8h	7h 10m	—	$6.5M	—
Short	KuCoin AVAXUSDTM	11.220	0.0100	get 0.0100% / 8h	7h 10m	$15.5M	$23.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → +0.018%: $1.73
Slippage, 4 orders: −$31.14
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$51.41
Costs to cover: 0.531%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; KuCoin: 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, 11 min ago	0.90 bp	11.3 bp −$11	24.8 bp −$248	81.3 bp −$8,125	463.1 bp −$231.6K
Sell KuCoin live order book, 4 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	−0.410%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0063%	1h	11.218	+0.022%	$294K	$680K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.216	−0.001%	$103K	$105K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.205	−0.098%	$5.3M	$8.4M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.214	−0.018%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.205	−0.097%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.217	+0.009%	$15K	$609K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.212	−0.033%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.220	+0.038%	$2.3M	$1.5M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.218	+0.020%	$298K	$100K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.213	−0.024%	$119.7M	$475.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.213	−0.027%	$89.1M	$147.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.210	−0.053%	$20.0M	$130.6M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.216	0.000%	$12.2M	$38.4M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.217	+0.009%	$51.0M	$89.2M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.220	+0.036%	$15.5M	$23.0M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.203	−0.116%	$34.0M	$53.2M	75x	as long as short
BingX AVAX-USDClong	+0.0100%	8h	11.216	long leg	—	$6.5M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.214	−0.018%	$359K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.214	−0.021%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.202	−0.126%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.190	−0.232%	$180K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.218	+0.018%	$132K	$370K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.217	+0.009%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.245	+0.258%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.202	−0.125%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.193	−0.206%	$364K	$944K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.207	−0.080%	$30.0M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.199	−0.152%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.200	−0.140%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.204	−0.108%	$4.3M	$12.5M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.210	−0.053%	$5.0M	$6.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.214	−0.015%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.229	+0.116%	$914K	$6.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0298%	1h	11.215	−0.005%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0674%	1h	11.233	+0.152%	$43.9M	$49.6M	10x	as long as short