Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: KuCoin against Gate+0.145%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$610.615% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 7 days−0.128%−$13 · spread now +0.145%, 7d avg +0.006%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.140% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	11.009	0.0100	pay 0.0100% / 8h	3h 55m	$12.1M	$32.1M	75x
Short	KuCoin AVAXUSDTM	11.025	0.0100	get 0.0100% / 8h	3h 55m	$15.5M	$21.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.145%Rate

Funding earned: $0
Price spread: +0.145% → +0.006%: $13.97
Slippage, 4 orders: −$34.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.52
Costs to cover: 0.615%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 4 min ago.

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, 4 min ago	0.46 bp	16.3 bp −$16	24.2 bp −$242	37.7 bp −$3,765	64.6 bp −$32.3K
Sell KuCoin live order book, 4 min ago	0.46 bp	17.4 bp −$17	31.6 bp −$316	doesn't fit	doesn't fit

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	−0.1421%	1h	10.940	−0.627%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0006%	1h	11.002	−0.061%	$286K	$316K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.009	−0.003%	$96K	$97K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.020	+0.100%	$5.1M	$7.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.014	+0.045%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0019%	1h	11.024	+0.133%	$4.2M	$11.2M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.020	+0.104%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.006	−0.027%	$15K	$457K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.002	−0.065%	$12K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.007	−0.017%	$2.2M	$1.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.011	+0.015%	$277K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.023	+0.124%	$116.2M	$428.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.023	+0.127%	$85.3M	$139.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.024	+0.136%	$20.2M	$114.4M	50x	as long as short
Gate AVAX_USDTlong	+0.0100%	8h	11.009	long leg	$12.1M	$32.1M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.024	+0.136%	$45.8M	$77.9M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.025	+0.145%	$15.5M	$21.7M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.022	+0.118%	$33.0M	$47.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.022	+0.118%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.026	+0.154%	$369K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.987	−0.204%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.988	−0.191%	$345K	$891K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.993	−0.145%	$177K	$671K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.012	+0.027%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.023	+0.127%	$194K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.042	+0.302%	$12K	$717K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.019	+0.091%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.020	+0.095%	$367K	$811K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.024	+0.136%	$29.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.012	+0.027%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.012	+0.032%	$253K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.024	+0.136%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.029	+0.182%	$896K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.009	−0.002%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0350%	1h	11.040	+0.282%	$42.8M	$41.9M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.014	+0.048%	$234K	—	120x	as long as short