Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.009%

Price spread now: Gate against Extended+0.041%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.041%, 7d avg +0.053%

Together, before fees+0.037%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.102	0.0104	pay 0.0013% / 1h	7m 39s	$671K	$1.6M	25x
Short	Gate AVAX_USDT	11.106	0.0070	get 0.0070% / 8h	6h 07m	$12.1M	$36.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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 ExtendedbpFee GatebpOrdersPrice spread, now +0.041%Rate

Funding earned: −$7.14
Price spread: +0.041% → +0.053%: −$1.25
Slippage, 4 orders: −$21.63
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$50.02
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Gate: live order book, 1 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 Extended live order book, 1 min ago	0.45 bp	5.2 bp −$5	7.5 bp −$75	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	1.35 bp	17.0 bp −$17	27.2 bp −$272	42.5 bp −$4,247	70.4 bp −$35.2K

AVAX on 35 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	11.070	−0.284%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0040%	1h	11.095	−0.054%	$285K	$491K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0020%	1h	11.105	+0.032%	$5.2M	$8.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.109	+0.068%	$102K	$91K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.104	+0.023%	$13K	—	150x	as long as short
Gate AVAX_USDTshort	+0.0070%	8h	11.106	+0.041%	$12.1M	$36.7M	75x
Lighter AVAX	+0.0096%	1h	11.104	+0.023%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.102	+0.004%	$16K	$578K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.103	+0.010%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.104	+0.019%	$2.3M	$1.3M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.109	+0.068%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.107	+0.050%	$118.5M	$447.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.103	+0.013%	$88.4M	$141.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.103	+0.013%	$20.0M	$121.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.106	+0.041%	$48.6M	$82.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.112	+0.095%	$15.5M	$22.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.100	−0.014%	$33.3M	$49.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.104	+0.023%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.111	+0.086%	$355K	$507K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.107	+0.046%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.104	+0.024%	$354K	$790K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.108	+0.059%	$179K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.098	−0.032%	$130K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.109	+0.068%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.121	+0.173%	$12K	$710K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.106	+0.041%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.077	−0.219%	$360K	$855K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.102	+0.004%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	11.102	long leg	$671K	$1.6M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.098	−0.028%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.095	−0.062%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.106	+0.041%	$4.3M	$11.7M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.112	+0.095%	$902K	$5.7M	50x	as long as short
Hyperliquid AVAX	+0.0385%	1h	11.123	+0.194%	$43.2M	$44.8M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.105	+0.031%	$236K	—	120x	as long as short