Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.025%

Price spread now: KuCoin against gTrade (Gains Network)+0.062%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 KuCoin

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 KuCoin is 0.062% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 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	11.330	L +0.0002% / S −0.0004%	pay 0.0000% / 1h	59m 03s	$16K	—	150x
Short	KuCoin AVAXUSDTM	11.337	0.0100	get 0.0100% / 8h	1h 59m	$16.2M	$24.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.062%Rate

Funding earned: $20.66
Price spread: +0.062% → 0.000%: $6.18
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $4.84
Costs to cover: 0.220%
Break-even: 5.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago	1.76 bp	15.9 bp −$16	36.0 bp −$360	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	−0.0570%	1h	11.280	−0.441%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0290%	1h	11.336	+0.057%	$299K	$958K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0191%	1h	11.325	−0.044%	$5.4M	$9.3M	25x	as long as short
Variational Omni AVAX	−0.0065%	8h	11.332	+0.018%	$3.0M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	11.326	−0.040%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0004%	1h	11.330	long leg	$16K	—	150x
Gate AVAX_USDT	+0.0077%	8h	11.328	−0.018%	$12.7M	$39.1M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.328	−0.021%	$1.3M	$3.2M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.336	+0.053%	$13K	$704K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.328	−0.013%	$13K	$766	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	11.335	+0.044%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.333	+0.027%	$301K	$121K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.330	0.000%	$121.5M	$535.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.333	+0.026%	$91.2M	$156.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.332	+0.018%	$20.5M	$149.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.333	+0.026%	$54.9M	$98.9M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.337	+0.062%	$16.2M	$24.5M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.336	+0.053%	$34.9M	$60.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.333	+0.026%	—	$6.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.334	+0.035%	$341K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.331	+0.007%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.333	+0.026%	$186K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.340	+0.088%	$135K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.336	+0.053%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.364	+0.302%	$12K	$725K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.326	−0.035%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.323	−0.057%	$365K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.329	−0.009%	$30.5M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.324	−0.053%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.323	−0.057%	$260K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.343	+0.115%	$995K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.330	0.000%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.336	+0.053%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.328	−0.018%	$245K	—	120x	as long as short
Hyperliquid AVAX	+0.0613%	1h	11.348	+0.159%	$44.1M	$58.7M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0624%	1h	11.330	+0.002%	$4.6M	$13.5M	50x	as long as short