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 +0.006%

Price spread now: KuCoin against Bitget+0.081%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days−0.077%−$8 · spread now +0.081%, 7d avg +0.019%

Together, before fees−0.135%−$14 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 0.062% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AVAXUSDT	11.106	0.0100	pay 0.0100% / 8h	5h 39m	$33.3M	$48.7M	75x
Short	KuCoin AVAXUSDTM	11.115	0.0100	get 0.0100% / 8h	5h 39m	$15.5M	$21.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → +0.019%: $6.21
Slippage, 4 orders: −$29.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.4
Costs to cover: 0.536%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 5 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 Bitget live order book, 5 min ago	0.45 bp	8.2 bp −$8	13.6 bp −$136	30.3 bp −$3,033	doesn't fit
Sell KuCoin live order book, 5 min ago	0.90 bp	19.1 bp −$19	32.3 bp −$323	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	−0.1374%	1h	11.100	−0.054%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0200%	1h	11.103	−0.027%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0061%	1h	11.116	+0.090%	$286K	$448K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.126	+0.179%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.108	+0.019%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0046%	1h	11.110	+0.033%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.105	−0.009%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.111	+0.045%	$15K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.118	+0.108%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.114	+0.072%	$2.3M	$1.2M	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	11.123	+0.157%	$290K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.107	+0.009%	$118.6M	$434.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.109	+0.027%	$88.3M	$138.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.107	+0.009%	$20.0M	$117.5M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.114	+0.072%	$12.1M	$34.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.111	+0.045%	$47.9M	$79.0M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.115	+0.081%	$15.5M	$21.8M	75x
Bitget AVAXUSDTlong	+0.0100%	8h	11.106	long leg	$33.3M	$48.7M	75x
BingX AVAX-USDC	+0.0100%	8h	11.110	+0.036%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.131	+0.225%	$356K	$498K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.132	+0.237%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.141	+0.316%	$357K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.145	+0.351%	$179K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.112	+0.054%	$130K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.112	+0.054%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.142	+0.327%	$12K	$701K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.106	0.000%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.104	−0.014%	$363K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.107	+0.009%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.103	−0.032%	$671K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.096	−0.090%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.104	−0.018%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.134	+0.252%	$900K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.108	+0.015%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.108	+0.017%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0452%	1h	11.127	+0.192%	$43.3M	$43.0M	10x	as long as short