Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.030%

Price spread now: HTX against gTrade (Gains Network)+0.021%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on HTX

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—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.021% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AVAX/USD	11.018	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	18m 02s	$12K	—	150x
Short	HTX AVAX-USDT	11.021	0.0100	get 0.0100% / 8h	4h 18m	$361K	$812K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $20.66
Price spread: +0.021% → 0.000%: $2.09
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $0.75
Costs to cover: 0.220%
Break-even: 6.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 46 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 HTX live order book, 46 min ago	27.13 bp	44.6 bp −$45	84.1 bp −$841	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
Injective AVAX/USDC PERP	−0.1423%	1h	10.990	−0.256%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0022%	1h	11.017	−0.011%	$5.1M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0021%	1h	11.019	+0.012%	$287K	$370K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.018	+0.001%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	11.018	long leg	$12K	—	150x
Lighter AVAX	+0.0096%	1h	11.023	+0.044%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.018	−0.002%	$15K	$549K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.022	+0.033%	$12K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.012	−0.053%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.021	+0.024%	$287K	$114K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.031	+0.120%	$117.1M	$429.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.029	+0.098%	$87.5M	$137.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.034	+0.143%	$20.2M	$114.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.019	+0.007%	$12.1M	$34.4M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.025	+0.062%	$46.1M	$78.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.028	+0.089%	$15.5M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.026	+0.071%	$33.0M	$48.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.030	+0.107%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.029	+0.098%	$332K	$525K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.013	−0.043%	$2.8M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.049	+0.280%	$350K	$863K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.021	+0.025%	$177K	$670K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.021	+0.025%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.022	+0.034%	$194K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.047	+0.262%	$12K	$709K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.019	+0.007%	$18K	$71K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	11.021	+0.021%	$361K	$812K	75x
Phemex AVAXUSDT	+0.0100%	8h	11.025	+0.062%	$29.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.013	−0.051%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.014	−0.041%	$253K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0214%	1h	11.024	+0.053%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.012	−0.056%	$5.1M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.019	+0.007%	$882K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.016	−0.019%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.017	−0.007%	$234K	—	120x	as long as short
Hyperliquid AVAX	+0.0538%	1h	11.042	+0.216%	$42.8M	$42.0M	10x	as long as short