Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%

Price spread now: Bitget against HTX+0.082%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$940.942% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 3 days (all we have)+0.124%+$12 · spread now +0.082%, 7d avg −0.015%

Together, before fees+0.069%+$7 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: Bitget is 0.097% dearer against HTX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	11.285	0.0100	pay 0.0100% / 8h	2h 15m	$362K	$1.1M	75x
Short	Bitget AVAXUSDT	11.294	0.0100	get 0.0100% / 8h	2h 15m	$34.8M	$61.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.082%Rate

Funding earned: $0
Price spread: +0.082% → −0.015%: $9.65
Slippage, 4 orders: −$70.18
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$84.53
Costs to cover: 0.942%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago	26.02 bp	32.0 bp −$32	93.3 bp −$933	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.44 bp	8.6 bp −$9	15.6 bp −$156	32.0 bp −$3,196	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
Deribit AVAX_USDC-PERPETUAL	−0.0193%	1h	11.278	−0.060%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0113%	8h	11.284	−0.008%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0082%	1h	11.283	−0.016%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.240	−0.397%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.291	+0.059%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.281	−0.037%	$16K	—	150x	as long as short
Gate AVAX_USDT	+0.0054%	8h	11.292	+0.064%	$12.6M	$40.3M	75x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.292	+0.064%	$916K	$8.2M	50x	as long as short
Extended AVAX-USD	+0.0072%	1h	11.278	−0.059%	$672K	$2.2M	25x	as long as short
OKX AVAX-USDT-SWAP	+0.0076%	8h	11.294	+0.082%	$20.1M	$148.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC AVAX_USDT	+0.0090%	8h	11.289	+0.037%	$55.3M	$110.1M	200x	as long as short
Binance AVAXUSDT	+0.0091%	8h	11.295	+0.091%	$121.0M	$537.7M	75x	as long as short
Phemex AVAXUSDT	+0.0094%	8h	11.281	−0.034%	$30.2M	$4.9M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.291	+0.055%	$1.3M	$3.2M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.282	−0.025%	$10K	$704K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0097%	8h	11.282	−0.029%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.284	−0.009%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.287	+0.019%	$300K	$121K	10x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.297	+0.108%	$90.1M	$155.5M	75x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.297	+0.108%	$16.2M	$24.5M	75x	as long as short
Bitget AVAXUSDTshort	+0.0100%	8h	11.294	+0.082%	$34.8M	$61.3M	75x
BingX AVAX-USDC	+0.0100%	8h	11.295	+0.090%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.280	−0.043%	$334K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.282	−0.027%	$357K	$909K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.291	+0.055%	$182K	$683K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.282	−0.025%	$131K	$480K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.286	+0.011%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.311	+0.236%	$12K	$720K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.278	−0.060%	$19K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	11.285	long leg	$362K	$1.1M	75x
Aevo AVAX-PERP	+0.0104%	1h	11.274	−0.099%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0211%	8h	11.285	+0.002%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.278	−0.056%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.287	+0.019%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.279	−0.050%	$243K	—	120x	as long as short
Hyperliquid AVAX	+0.0651%	1h	11.316	+0.276%	$44.1M	$58.7M	10x	as long as short