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+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against Gate+0.009%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.074%+$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVAX_USDT11.1280.0065pay 0.0065% / 8h6h 31m$12.1M$36.6M75x
ShortBingX AVAX-USDT11.1290.0100get 0.0100% / 8h6h 31m$83.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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
$7.35
Price spread: +0.009% → 0.000%
$0.9
Slippage, 4 orders
−$16.35
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$33.1
Costs to cover
0.414%
Break-even
38.5 days
Slippage from Gate: live order book, 2 min ago; BingX: live order book, 2 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 Gate live order book, 2 min ago0.45 bp14.1 bp −$1422.0 bp −$22043.8 bp −$4,38072.6 bp −$36.3K
Sell BingX live order book, 2 min ago0.90 bp5.9 bp −$65.9 bp −$5911.2 bp −$1,12228.6 bp −$14.3K

AVAX on 35 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%1h11.090−0.341%$17K$151K12xas long as short
Nado AVAX-PERP−0.0046%1h11.133+0.045%$286K$517K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0020%1h11.127−0.009%$5.2M$8.3M25xas long as short
dYdX AVAX-USD0.0000%1h11.128+0.001%$102K$96K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.132+0.038%$13K150xas long as short
Gate AVAX_USDTlong+0.0065%8h11.128long leg$12.1M$36.6M75x
Lighter AVAX+0.0096%1h11.122−0.053%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.133+0.045%$15K$595K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.126−0.021%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.131+0.030%$2.3M$1.4M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.130+0.018%$296K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.123−0.043%$118.5M$466.9M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.118−0.090%$88.5M$145.1M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.129+0.009%$20.0M$125.9M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.1280.000%$48.7M$82.7M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.131+0.027%$15.6M$22.8M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.124−0.036%$33.4M$51.9M75xas long as short
BingX AVAX-USDTshort+0.0100%8h11.129+0.009%$83.5M
Backpack AVAX_USDC_PERP+0.0100%1h11.125−0.027%$356K$546K15xas long as short
Variational Omni AVAX+0.0100%8h11.119−0.083%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.116−0.107%$350K$808K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.118−0.090%$179K$681K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.140+0.108%$131K$363K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.135+0.063%$196K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.157+0.257%$12K$722K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.125−0.027%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.129+0.004%$362K$938K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.127−0.009%$29.7M$5.6M50xas long as short
Extended AVAX-USD+0.0104%1h11.124−0.035%$671K$2.0M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.130+0.018%$256K3xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.135+0.066%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0254%1h11.128+0.003%$4.3M$12.1M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0288%1h11.134+0.054%$905K$6.0M50xas long as short
Hyperliquid AVAX+0.0427%1h11.141+0.117%$43.4M$47.0M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.132+0.040%$236K120xas long as short