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% APRpaid last 24h −0.002%

Price spread now: Polymarket Perps against HTX+0.042%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$970.974% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.042%, 7d avg +0.047%

Together, before fees+0.014%+$1 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	10.717	0.0100	pay 0.0100% / 8h	46m 49s	$326K	$880K	75x
Short	Polymarket Perps AVAX-USD	10.722	0.0100	get 0.0013% / 1h	46m 49s	$135K	$349K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.047%: −$0.48
Slippage, 4 orders: −$77.4
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$97.88
Costs to cover: 0.974%
Break-even: never at this rate

Slippage from HTX: live order book, 62 min ago; Polymarket Perps: live order book, 55 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, 62 min ago	29.13 bp	35.1 bp −$35	99.9 bp −$999	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 55 min ago	2.34 bp	6.3 bp −$6	9.1 bp −$91	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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.711	−0.056%	$3.8M	$11.8M	50x	as long as short
Nado AVAX-PERP	−0.0096%	1h	10.717	0.000%	$281K	$332K	10x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.688	−0.271%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.721	+0.036%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.717	−0.005%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.719	+0.015%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0007%	8h	10.709	−0.079%	$13.0M	$30.6M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.397%	$17K	$151K	12x	as long as short
Bybit AVAXUSDT	+0.0082%	8h	10.708	−0.089%	$81.6M	$142.0M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0086%	8h	10.721	+0.029%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.714	−0.028%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.719	+0.014%	$25K	$473K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.720	+0.023%	$36.8M	$43.4M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.710	−0.073%	$2.2M	$969K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.724	+0.065%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.709	−0.079%	$113.3M	$415.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.707	−0.098%	$18.8M	$110.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.708	−0.089%	$46.0M	$79.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.707	−0.098%	$13.7M	$22.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.712	−0.051%	$32.4M	$47.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.708	−0.089%	—	$54.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.712	−0.051%	$437K	$555K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.714	−0.036%	$344K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.724	+0.061%	$173K	$660K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.722	+0.042%	$135K	$349K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.724	+0.061%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.750	+0.305%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.713	−0.042%	$18K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	10.717	long leg	$326K	$880K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.716	−0.014%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.703	−0.139%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.711	−0.056%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.711	−0.061%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.724	+0.061%	$854K	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.717	−0.008%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.718	0.000%	$226K	—	120x	as long as short