Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.020%

Price spread now: Aster against gTrade (Gains Network)−0.047%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.047% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AVAX/USD	10.714	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	0m 52s	$12K	—	150x
Short	Aster AVAXUSDT	10.709	0.0100	get 0.0100% / 8h	0m 52s	$2.2M	$888K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.047%Rate

Funding earned: $20.66
Price spread: −0.047% → 0.000%: −$4.67
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$2.01
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	1.87 bp	7.9 bp −$8	19.1 bp −$191	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Nado AVAX-PERP	−0.0214%	1h	10.707	−0.061%	$289K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.713	−0.009%	$3.8M	$11.5M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.707	−0.065%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.707	−0.065%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.714	0.000%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	10.714	long leg	$12K	—	150x
Gate AVAX_USDT	+0.0010%	8h	10.713	−0.009%	$13.3M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.429%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.699	−0.139%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.709	−0.045%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.708	−0.056%	$25K	$465K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.724	+0.093%	$36.8M	$40.7M	10x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	10.709	−0.047%	$2.2M	$888K	75x
Pacifica AVAX	+0.0100%	1h	10.709	−0.046%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.706	−0.078%	$113.2M	$402.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.704	−0.093%	$81.8M	$138.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.706	−0.075%	$18.8M	$106.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.710	−0.037%	$52.9M	$81.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.711	−0.028%	$13.8M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.713	−0.009%	$32.7M	$46.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.707	−0.065%	—	$53.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.717	+0.028%	$436K	$545K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.706	−0.076%	$336K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.713	−0.009%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.712	−0.019%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.718	+0.037%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.732	+0.172%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.709	−0.047%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.709	−0.051%	$326K	$857K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.714	0.000%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.706	−0.075%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.711	−0.023%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.712	−0.019%	$4.7M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.721	+0.065%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.710	−0.041%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.713	−0.006%	$226K	—	120x	as long as short