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 −0.005%

Price spread now: Aster against GRVT+0.219%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

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

costs, in and out, $10k−$340.338% of the position

Long on GRVT Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 7 days−0.233%−$23 · spread now +0.219%, 7d avg −0.047%

Together, before fees−0.258%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$26 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: Aster is 0.266% dearer against GRVT than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AVAX_USDT_Perp	11.117	0.0100	pay 0.0100% / 8h	5h 43m	$351K	$799K	10x
Short	Aster AVAXUSDT	11.141	0.0100	get 0.0100% / 8h	5h 43m	$2.3M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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 GRVTbpFee AsterbpOrdersPrice spread, now +0.219%Rate

Funding earned: $0
Price spread: +0.219% → −0.047%: $26.63
Slippage, 4 orders: −$16.82
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.19
Costs to cover: 0.338%
Break-even: never at this rate

Slippage from GRVT: live order book, 19 min ago; Aster: live order book, 5 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 GRVT live order book, 19 min ago	1.35 bp	5.8 bp −$6	13.9 bp −$139	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	1.80 bp	8.5 bp −$8	15.5 bp −$155	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	−0.1374%	1h	11.080	−0.333%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0058%	1h	11.137	+0.180%	$287K	$450K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.131	+0.126%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.142	+0.225%	$103K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.132	+0.137%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.137	+0.179%	$4.3M	$11.6M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.141	+0.216%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.141	+0.216%	$16K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.144	+0.240%	$13K	$434	20x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.141	+0.219%	$2.3M	$1.2M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.146	+0.261%	$291K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.141	+0.216%	$118.9M	$436.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.143	+0.234%	$88.5M	$138.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.142	+0.225%	$20.1M	$118.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.143	+0.234%	$12.2M	$34.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.144	+0.243%	$48.1M	$79.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.144	+0.243%	$15.6M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.144	+0.243%	$33.4M	$48.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.144	+0.243%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.137	+0.180%	$356K	$498K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.126	+0.077%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perplong	+0.0100%	8h	11.117	long leg	$351K	$799K	10x
ApeX Omni AVAXUSDT	+0.0100%	1h	11.137	+0.180%	$179K	$679K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.148	+0.279%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.141	+0.216%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.165	+0.435%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.135	+0.162%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.123	+0.053%	$361K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.134	+0.153%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.139	+0.194%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.123	+0.051%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.132	+0.135%	—	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.147	+0.270%	$901K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.144	+0.240%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.130	+0.119%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0440%	1h	11.157	+0.360%	$43.4M	$43.6M	10x	as long as short