Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.042%

Price spread now: SoDEX against HTX+0.013%7-day average — · you sell dearer than you buy

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

Long on HTX Short on SoDEX

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	11.261	0.0100	pay 0.0100% / 8h	1h 31m	$363K	$1.1M	75x
Short	SoDEX AVAX-USD	11.263	0.0100	get 0.0013% / 1h	31m 44s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → 0.000%: $1.33
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$18.67
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 2 min ago; SoDEX: 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, 2 min ago	27.19 bp	43.2 bp −$43	120.3 bp −$1,203	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0570%	1h	11.230	−0.280%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0105%	1h	11.261	−0.004%	$5.3M	$9.2M	25x	as long as short
Variational Omni AVAX	−0.0025%	8h	11.253	−0.074%	$3.0M	$2.4M	—	as long as short
Nado AVAX-PERP	−0.0012%	1h	11.261	0.000%	$297K	$896K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.282	+0.179%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.264	+0.022%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.265	+0.031%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.266	+0.040%	$16K	$693K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.282	+0.178%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.261	−0.002%	$2.3M	$1.8M	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	11.284	+0.201%	$300K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.268	+0.058%	$120.5M	$526.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.268	+0.058%	$89.0M	$157.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.269	+0.067%	$20.3M	$146.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.263	+0.013%	$12.6M	$40.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.268	+0.058%	$52.2M	$100.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.272	+0.093%	$16.7M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.268	+0.058%	$34.3M	$60.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.267	+0.049%	—	$89.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.249	−0.111%	$360K	$571K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.261	−0.003%	$360K	$898K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.267	+0.049%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.264	+0.022%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.269	+0.067%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.313	+0.462%	$12K	$729K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.263	+0.013%	$19K	$72K	10x
HTX AVAX-USDTlong	+0.0100%	8h	11.261	long leg	$363K	$1.1M	75x
Phemex AVAXUSDT	+0.0100%	8h	11.264	+0.022%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.265	+0.030%	$673K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.289	+0.248%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.278	+0.147%	$909K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.275	+0.120%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.259	−0.023%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0403% / S −0.0246%	1h	11.262	+0.004%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0610%	1h	11.286	+0.218%	$43.7M	$57.1M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0628%	1h	11.268	+0.057%	$4.6M	$13.5M	50x	as long as short