Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h +0.001%

Price spread now: gTrade (Gains Network) against Gate+0.020%7-day average — · you sell dearer than you buy

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

Long on Gate Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.020% dearer against Gate than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	10.998	0.0100	pay 0.0100% / 8h	4h 00m	$12.1M	$34.7M	75x
Short	gTrade (Gains Network) AVAX/USD	11.000	L +0.0002% / S −0.0003%	get 0.0000% / 1h	0m 23s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.020%Rate

Funding earned: −$20.36
Price spread: +0.020% → 0.000%: $2
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.36
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. 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 Gate live order book, 3 min ago	0.91 bp	11.7 bp −$12	20.8 bp −$208	40.8 bp −$4,077	69.0 bp −$34.5K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	10.950	−0.436%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0023%	1h	10.997	−0.009%	$5.1M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0010%	1h	11.001	+0.027%	$286K	$372K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.996	−0.014%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	11.000	+0.020%	$12K	—	150x
Lighter AVAX	+0.0096%	1h	11.001	+0.027%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.000	+0.018%	$15K	$541K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.002	+0.040%	$12K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.000	+0.015%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.005	+0.060%	$277K	$129K	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	11.001	+0.027%	$116.0M	$429.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.998	0.000%	$85.0M	$139.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.003	+0.045%	$20.2M	$114.6M	50x	as long as short
Gate AVAX_USDTlong	+0.0100%	8h	10.998	long leg	$12.1M	$34.7M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.000	+0.018%	$46.1M	$78.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.004	+0.055%	$15.5M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.999	+0.009%	$33.0M	$47.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.001	+0.027%	—	$78.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.999	+0.009%	$368K	$549K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.996	−0.022%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.997	−0.009%	$351K	$882K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.999	+0.009%	$177K	$670K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.001	+0.027%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.009	+0.100%	$193K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.029	+0.283%	$12K	$717K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.998	0.000%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.990	−0.075%	$366K	$812K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.002	+0.036%	$29.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.995	−0.028%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.002	+0.036%	$253K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0214%	1h	11.000	+0.021%	$4.2M	$11.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.000	+0.018%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.001	+0.027%	$891K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.997	−0.011%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.001	+0.031%	$233K	—	120x	as long as short
Hyperliquid AVAX	+0.0463%	1h	11.015	+0.159%	$42.7M	$41.9M	10x	as long as short