Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against HTX+0.014%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1131.134% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.014%, 7d avg +0.050%

Together, before fees+0.024%+$2 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: ApeX Omni is 0.036% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	10.703	0.0100	pay 0.0100% / 8h	1h 36m	$343K	$872K	75x
Short	ApeX Omni AVAXUSDT	10.704	0.0100	get 0.0013% / 1h	36m 51s	$173K	$663K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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 HTXbpFee ApeX OmnibpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.050%: −$3.61
Slippage, 4 orders: −$91.45
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$117.06
Costs to cover: 1.134%
Break-even: never at this rate

Slippage from HTX: live order book, 12 min ago; ApeX Omni: live order book, 6 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 HTX live order book, 12 min ago	29.13 bp	35.1 bp −$35	99.9 bp −$999	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	6.54 bp	14.5 bp −$15	69.7 bp −$697	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
Nado AVAX-PERP	−0.0178%	1h	10.693	−0.086%	$285K	$339K	10x	as long as short
Variational Omni AVAX	−0.0042%	8h	10.695	−0.074%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.702	−0.003%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.703	+0.005%	$4.8M	$7.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.694	−0.076%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.692	−0.098%	$12.7M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.537%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0089%	8h	10.699	−0.030%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0092%	8h	10.685	−0.164%	$81.0M	$146.7M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.692	−0.096%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.702	−0.005%	$22K	$428K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.696	−0.061%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.694	−0.079%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.703	+0.003%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.689	−0.126%	$113.5M	$426.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.684	−0.173%	$18.7M	$112.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.689	−0.126%	$45.3M	$80.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.690	−0.117%	$13.6M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.689	−0.126%	$32.4M	$48.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.686	−0.154%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.695	−0.070%	$436K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.699	−0.028%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDTshort	+0.0100%	1h	10.704	+0.014%	$173K	$663K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	10.703	+0.005%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.707	+0.042%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.729	+0.245%	$11K	$765K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.699	−0.033%	$18K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	10.703	long leg	$343K	$872K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.700	−0.023%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.682	−0.193%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.697	−0.056%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.706	+0.031%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.676	−0.248%	$932K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.690	−0.117%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.695	−0.071%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.702	−0.004%	$226K	—	120x	as long as short