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 −0.009%

Price spread now: OKX against BingX+0.009%7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AVAX-USDT	11.142	0.0100	pay 0.0100% / 8h	6h 49m	—	$83.7M	—
Short	OKX AVAX-USDT-SWAP	11.143	0.0100	get 0.0100% / 8h	6h 49m	$19.8M	$128.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.9
Slippage, 4 orders: −$9.13
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$28.23
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; OKX: 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, 4 min ago	0.45 bp	5.5 bp −$5	5.5 bp −$55	9.5 bp −$951	20.9 bp −$10.5K
Sell OKX live order book, 4 min ago	0.45 bp	9.2 bp −$9	18.0 bp −$180	66.7 bp −$6,671	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	−0.1423%	1h	11.090	−0.467%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.123	−0.171%	$5.2M	$8.3M	25x	as long as short
Nado AVAX-PERP	−0.0019%	1h	11.123	−0.166%	$290K	$525K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.125	−0.149%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.121	−0.188%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0086%	8h	11.138	−0.036%	$12.1M	$36.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.126	−0.148%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.122	−0.180%	$18K	$605K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.123	−0.171%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.134	−0.072%	$2.3M	$1.4M	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	11.124	−0.159%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.140	−0.018%	$118.6M	$472.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.141	−0.009%	$88.6M	$146.3M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	11.143	+0.009%	$19.8M	$128.0M	50x
MEXC AVAX_USDT	+0.0100%	8h	11.142	0.000%	$48.7M	$82.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.140	−0.018%	$15.5M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.139	−0.027%	$33.5M	$52.6M	75x	as long as short
BingX AVAX-USDTlong	+0.0100%	8h	11.142	long leg	—	$83.7M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.134	−0.072%	$356K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.107	−0.316%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.108	−0.307%	$353K	$844K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.109	−0.296%	$179K	$682K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.123	−0.171%	$131K	$369K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.131	−0.099%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.151	+0.077%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.127	−0.135%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.115	−0.241%	$361K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.127	−0.135%	$29.7M	$5.4M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.139	−0.023%	$668K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.119	−0.208%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.116	−0.233%	$5.0M	$6.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.117	−0.226%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.131	−0.102%	$4.3M	$12.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.131	−0.099%	$912K	$6.2M	50x	as long as short
Hyperliquid AVAX	+0.0411%	1h	11.157	+0.135%	$43.4M	$48.0M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.121	−0.184%	$236K	—	120x	as long as short