Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against HTX−0.163%7-day average — · you buy dearer than you sell

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

Long on HTX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.163% cheaper against HTX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	10.755	0.0100	pay 0.0100% / 8h	2h 56m	$357K	$780K	75x
Short	gTrade (Gains Network) AVAX/USD	10.737	L +0.0002% / S −0.0003%	get 0.0000% / 1h	56m 03s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.163%Rate

Funding earned: −$20.36
Price spread: −0.163% → 0.000%: −$16.27
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$58.63
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 63 min ago; gTrade (Gains Network): 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 HTX live order book, 63 min ago	37.05 bp	46.8 bp −$47	132.4 bp −$1,324	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Injective AVAX/USDC PERP	−0.1423%	1h	10.760	+0.049%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.739	−0.147%	$4.1M	$11.1M	50x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0122%	1h	10.735	−0.183%	$4.8M	$7.5M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.733	−0.198%	$94K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	10.737	−0.163%	$12K	—	150x
Polymarket Perps AVAX-USD	+0.0012%	1h	10.733	−0.202%	$132K	$343K	10x	as long as short
Gate AVAX_USDT	+0.0044%	8h	10.731	−0.220%	$12.1M	$31.3M	75x	as long as short
Variational Omni AVAX	+0.0052%	8h	10.727	−0.261%	$2.8M	$2.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0089%	1h	10.730	−0.230%	$376K	$530K	15x	as long as short
Lighter AVAX	+0.0096%	1h	10.732	−0.212%	$1.2M	$2.6M	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	10.732	−0.211%	$9K	$441K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.732	−0.213%	$12K	$212	20x	as long as short
Nado AVAX-PERP	+0.0100%	1h	10.728	−0.244%	$281K	$311K	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.740	−0.137%	$40.3M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.727	−0.258%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.738	−0.159%	$270K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.729	−0.239%	$112.1M	$421.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.723	−0.295%	$79.9M	$142.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.727	−0.258%	$19.3M	$109.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.730	−0.230%	$43.5M	$78.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.733	−0.202%	$14.8M	$22.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.726	−0.267%	$31.9M	$48.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.730	−0.230%	—	$6.5M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.775	+0.188%	$343K	$940K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.767	+0.114%	$173K	$664K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.741	−0.127%	$189K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.761	+0.060%	$11K	$731K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.733	−0.202%	$18K	$71K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	10.755	long leg	$357K	$780K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.736	−0.174%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.724	−0.285%	$664K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.739	−0.148%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.743	−0.109%	$880K	$4.7M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.729	−0.239%	$4.8M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.728	−0.250%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0272%	1h	10.736	−0.176%	$234K	—	120x	as long as short