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: KuCoin against HTX+0.014%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1321.320% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.204%+$20 · spread now +0.014%, 7d avg +0.023%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	11.018	0.0100	pay 0.0100% / 8h	3h 51m	$367K	$791K	75x
Short	KuCoin AVAXUSDTM	11.019	0.0100	get 0.0100% / 8h	3h 51m	$15.5M	$21.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.023%: −$0.89
Slippage, 4 orders: −$107.95
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$132.84
Costs to cover: 1.320%
Break-even: never at this rate

Slippage from HTX: live order book, 7 min ago; KuCoin: live order book, 2 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, 7 min ago	37.05 bp	46.8 bp −$47	132.4 bp −$1,324	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.36 bp	17.4 bp −$17	36.8 bp −$368	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	−0.1421%	1h	10.950	−0.613%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0022%	1h	11.016	−0.014%	$5.1M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0019%	1h	11.016	−0.014%	$286K	$318K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.016	−0.018%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.020	+0.024%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	11.014	−0.030%	$4.3M	$11.3M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.016	−0.016%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.018	+0.005%	$15K	$458K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.010	−0.070%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.019	+0.015%	$2.2M	$1.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.013	−0.041%	$277K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.010	−0.064%	$116.2M	$428.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.002	−0.141%	$84.2M	$140.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.007	−0.095%	$20.2M	$114.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.014	−0.032%	$12.1M	$32.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.022	+0.041%	$46.1M	$78.0M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.019	+0.014%	$15.5M	$21.7M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.017	−0.005%	$33.1M	$47.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.016	−0.014%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.019	+0.014%	$371K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.987	−0.281%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.988	−0.268%	$345K	$891K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.012	−0.050%	$177K	$670K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.018	+0.005%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.021	+0.032%	$194K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.046	+0.258%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.015	−0.023%	$18K	$71K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	11.018	long leg	$367K	$791K	75x
Phemex AVAXUSDT	+0.0100%	8h	11.016	−0.014%	$29.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.015	−0.023%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.018	0.000%	$253K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.013	−0.041%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.026	+0.077%	$898K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.014	−0.030%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0387%	1h	11.031	+0.123%	$42.8M	$41.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.021	+0.029%	$234K	—	120x	as long as short