Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.006%

Price spread now: SoDEX against Gate−0.009%7-day average — · you buy dearer than you sell

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

Long on Gate Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	10.755	−0.0014	get 0.0014% / 8h	7h 57m	$13.4M	$28.4M	75x
Short	SoDEX AVAX-USD	10.754	0.0100	get 0.0013% / 1h	57m 53s	$18K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.009%Rate

Funding earned: $23.94
Price spread: −0.009% → 0.000%: −$0.93
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $0.01
Costs to cover: 0.230%
Break-even: 7.0 days

Slippage unknown: Gate: live order book, 1 min ago; SoDEX: 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, 1 min ago	1.39 bp	14.3 bp −$14	25.6 bp −$256	45.0 bp −$4,503	65.7 bp −$32.9K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Phemex AVAXUSDT	−0.2590%	8h	10.752	−0.028%	$28.7M	$5.7M	50x	as long as short
Nado AVAX-PERP	−0.0545%	1h	10.760	+0.046%	$291K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.761	+0.055%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0078%	8h	10.706	−0.455%	$2.9M	$2.1M	—	as long as short
Gate AVAX_USDTlong	−0.0014%	8h	10.755	long leg	$13.4M	$28.4M	75x
dYdX AVAX-USD	0.0000%	1h	10.764	+0.083%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.758	+0.028%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.765	+0.097%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.046%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.764	+0.088%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.753	−0.015%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.759	+0.037%	$25K	$465K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.766	+0.099%	$36.9M	$40.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.758	+0.024%	$2.2M	$881K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.762	+0.063%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.756	+0.008%	$113.8M	$401.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.757	+0.019%	$82.3M	$139.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.755	0.000%	$18.9M	$107.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.756	+0.009%	$53.1M	$78.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.755	0.000%	$13.8M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.755	0.000%	$32.8M	$45.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.756	+0.009%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.758	+0.028%	$438K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.708	−0.434%	$336K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.713	−0.391%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.764	+0.084%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.767	+0.112%	$233K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.784	+0.274%	$12K	$769K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	10.754	−0.009%	$18K	$68K	10x
HTX AVAX-USDT	+0.0100%	8h	10.760	+0.050%	$328K	$854K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.753	−0.021%	$601K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.754	−0.006%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.770	+0.139%	$969K	$4.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.723	−0.298%	$4.7M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.753	−0.023%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.765	+0.093%	$227K	—	120x	as long as short