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+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.034%
Price spread now: HTX against Bybit−0.168%53s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1191.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.168%, 7d avg +0.017%
Together, before fees+0.214%+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.185% cheaper against Bybit than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of +0.017%). If the spread goes back, that is −$19 on $10k: about 18 days of funding at the current rate (+$1 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AVAXUSDT10.7210.0066pay 0.0066% / 8h2h 13m$80.9M$147.3M75x
ShortHTX AVAX-USDT10.7030.0100get 0.0100% / 8h2h 13m$348K$812K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$7.15
Price spread: −0.168% → +0.017%
−$18.54
Slippage, 4 orders
−$95.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$130.25
Costs to cover
1.189%
Break-even
134.4 days
Slippage from Bybit: live order book, 6 min ago; HTX: live order book, 40 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 Bybit live order book, 6 min ago0.47 bp9.7 bp −$1016.0 bp −$16040.6 bp −$4,058doesn't fit
Sell HTX live order book, 40 min ago24.18 bp46.7 bp −$47143.9 bp −$1,439doesn'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−0.1423%1h10.760+0.364%$17K$152K12xas long as short
Kraken Futures PF_AVAXUSD−0.0279%1h10.714−0.066%$4.2M$11.6M50xas long as short
Nado AVAX-PERP−0.0075%1h10.725+0.033%$284K$341K10xas long as short
Variational Omni AVAX−0.0034%8h10.610−1.038%$2.8M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.719−0.022%$89K$117K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.709−0.112%$4.8M$7.6M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.723+0.021%$12K150xas long as short
Gate AVAX_USDT+0.0025%8h10.723+0.019%$12.4M$32.9M75xas long as short
Bybit AVAXUSDTlong+0.0066%8h10.721long leg$80.9M$147.3M75x
Lighter AVAX+0.0096%1h10.715−0.060%$1.2M$2.6M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex AVAXUSDT+0.0096%1h10.724+0.028%$18K$434K50xas long as short
Paradex AVAX-USD-PERP+0.0097%8h10.725+0.035%$12K$21220xas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.714−0.065%$427K$586K15xas long as short
Hyperliquid AVAX+0.0100%1h10.735+0.131%$37.8M$44.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.725+0.039%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.717−0.036%$268K$131K10xas long as short
Binance AVAXUSDT+0.0100%8h10.725+0.038%$115.1M$433.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.720−0.009%$19.0M$114.0M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.726+0.047%$45.2M$80.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.724+0.028%$13.2M$22.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.724+0.028%$32.4M$49.4M75xas long as short
BingX AVAX-USDT+0.0100%8h10.724+0.028%$54.3Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.639−0.765%$343K$988K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.649−0.672%$172K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.729+0.075%$134K$354K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.729+0.075%$217K$338K20xas long as short
SunX AVAX-USDT+0.0100%8h10.735+0.128%$12K$762K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.709−0.112%$18K$72K10xas long as short
HTX AVAX-USDTshort+0.0100%8h10.703−0.168%$348K$812K75x
Phemex AVAXUSDT+0.0100%8h10.708−0.121%$28.6M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.721+0.001%$643K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.705−0.150%$246K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0216%1h10.718−0.028%$928K$5.2M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.640−0.756%$4.7M$5.7M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.722+0.012%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0295%1h10.725+0.041%$227K120xas long as short