Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.090%
Price spread now: BingX against Hyperliquid−0.047%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.047% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AVAX10.6200.0100pay 0.0013% / 1h44m 05s$38.3M$43.2M10x
ShortBingX AVAX-USDC10.6150.0100get 0.0100% / 8h2h 44m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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

Funding earned
$0
Price spread: −0.047% → 0.000%
−$4.71
Slippage, 4 orders
−$24.36
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$48.07
Costs to cover
0.434%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago3.28 bp7.9 bp −$812.6 bp −$126doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago0.94 bp15.3 bp −$1529.0 bp −$290107.6 bp −$10.8K422.7 bp −$211.4K

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1423%1h10.760+1.318%$17K$152K12xas long as short
Kraken Futures PF_AVAXUSD−0.0281%1h10.623+0.031%$4.2M$11.3M50xas long as short
dYdX AVAX-USD0.0000%1h10.625+0.043%$93K$101K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.621+0.009%$4.8M$7.5M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.616−0.038%$12K150xas long as short
Gate AVAX_USDT+0.0016%8h10.613−0.066%$12.1M$31.9M75xas long as short
Variational Omni AVAX+0.0026%8h10.572−0.455%$2.8M$2.2Mas long as short
Polymarket Perps AVAX-USD+0.0029%1h10.618−0.019%$131K$346K10xas long as short
Nado AVAX-PERP+0.0033%1h10.612−0.075%$287K$325K10xas long as short
ApeX Omni AVAXUSDT+0.0086%1h10.590−0.282%$171K$665K50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack AVAX_USDC_PERP+0.0091%1h10.615−0.047%$373K$534K15xas long as short
Paradex AVAX-USD-PERP+0.0096%8h10.629+0.088%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.617−0.028%$1.2M$2.6M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.615−0.047%$12K$442K50xas long as short
Hyperliquid AVAXlong+0.0100%1h10.620long leg$38.3M$43.2M10x
Aster AVAXUSDT+0.0100%8h10.619−0.009%$2.1M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h10.629+0.084%$267K$130K10xas long as short
Binance AVAXUSDT+0.0100%8h10.617−0.029%$111.4M$425.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.608−0.113%$78.7M$143.3M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.608−0.113%$18.6M$110.7M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.612−0.075%$41.4M$79.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.610−0.094%$13.3M$22.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.612−0.075%$31.7M$48.9M75xas long as short
BingX AVAX-USDCshort+0.0100%8h10.615−0.047%$6.5M
GRVT AVAX_USDT_Perp+0.0100%8h10.578−0.395%$333K$950K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.622+0.019%$168K$339K20xas long as short
SunX AVAX-USDT+0.0100%8h10.646+0.247%$12K$744K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.616−0.038%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.613−0.071%$351K$794K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.618−0.019%$28.3M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.613−0.064%$638K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.615−0.047%$244K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0216%1h10.625+0.047%$847K$4.7M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.612−0.075%$4.7M$5.5M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.614−0.058%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0281%1h10.616−0.038%$229K120xas long as short