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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.010%
Price spread now: HTX against BloFin+0.059%59s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1141.138% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.154%−$15 on $10k
Price spread, last 4 days (all we have)−0.045%−$5 · spread now +0.059%, 7d avg −0.029%
Together, before fees−0.199%−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.088% dearer against BloFin than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.029%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AVAX-USDT10.9360.0220pay 0.0220% / 8h3h 28m$4.9M$5.3M100x
ShortHTX AVAX-USDT10.9430.0100get 0.0100% / 8h3h 28m$364K$777K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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
−$25.2
Price spread: +0.059% → −0.029%
$8.82
Slippage, 4 orders
−$89.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$130.16
Costs to cover
1.138%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; HTX: live order book, 31 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 BloFin live order book, 5 min ago1.37 bp7.4 bp −$711.1 bp −$11127.2 bp −$2,720doesn't fit
Sell HTX live order book, 31 min ago37.05 bp50.6 bp −$51127.2 bp −$1,272doesn'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−0.1421%1h10.900−0.329%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0024%1h10.932−0.037%$5.0M$7.8M25xas long as short
dYdX AVAX-USD0.0000%1h10.940+0.039%$96K$97K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.934−0.018%$12K150xas long as short
Kraken Futures PF_AVAXUSD+0.0020%1h10.936+0.001%$4.2M$11.1M50xas long as short
Nado AVAX-PERP+0.0030%1h10.944+0.073%$284K$318K10xas long as short
Lighter AVAX+0.0096%1h10.935−0.013%$1.2M$2.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.939+0.027%$15K$452K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h10.942+0.053%$12K$21220xas long as short
Aster AVAXUSDT+0.0100%8h10.939+0.029%$2.2M$1.1M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h10.947+0.100%$276K$131K10xas long as short
Binance AVAXUSDT+0.0100%8h10.934−0.016%$115.0M$426.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.929−0.064%$83.1M$140.5M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.932−0.037%$19.9M$112.7M50xas long as short
Gate AVAX_USDT+0.0100%8h10.932−0.037%$12.1M$32.4M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.935−0.009%$45.4M$78.5M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.9360.000%$15.2M$21.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.933−0.027%$33.0M$47.6M75xas long as short
BingX AVAX-USDC+0.0100%8h10.932−0.037%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.932−0.037%$372K$548K15xas long as short
Variational Omni AVAX+0.0100%8h10.947+0.097%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.947+0.102%$346K$931K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.950+0.128%$176K$667K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.940+0.037%$128K$343K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.940+0.037%$192K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h10.969+0.297%$12K$722K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.935−0.009%$18K$71K10xas long as short
HTX AVAX-USDTshort+0.0100%8h10.943+0.059%$364K$777K75x
Phemex AVAXUSDT+0.0100%8h10.935−0.009%$29.2M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.930−0.056%$675K$1.3M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.929−0.064%$251K3xas long as short
BloFin AVAX-USDTlong+0.0220%8h10.936long leg$4.9M$5.3M100x
Coinbase International AVAX-PERP-INTX+0.0232%1h10.940+0.037%$891K$5.1M50xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.9360.000%$1K20xas long as short
Hyperliquid AVAX+0.0308%1h10.946+0.091%$42.0M$41.4M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0437% / S −0.0295%1h10.932−0.033%$232K120xas long as short