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 −0.010%

Price spread now: Binance against KuCoin+0.132%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$490.489% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days−0.127%−$13 · spread now +0.132%, 7d avg +0.002%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.130% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.643	0.0100	pay 0.0100% / 8h	2h 35m	$13.3M	$22.8M	75x
Short	Binance AVAXUSDT	10.657	0.0100	get 0.0100% / 8h	2h 35m	$113.2M	$430.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.132%Rate

Funding earned: $0
Price spread: +0.132% → +0.002%: $12.97
Slippage, 4 orders: −$26.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$35.93
Costs to cover: 0.489%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 8 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 KuCoin live order book, 8 min ago	2.36 bp	17.1 bp −$17	34.2 bp −$342	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.47 bp	8.7 bp −$9	14.5 bp −$145	40.5 bp −$4,049	126.4 bp −$63.2K

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	+1.099%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0280%	1h	10.641	−0.016%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0019%	1h	10.652	+0.080%	$291K	$338K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.649	+0.053%	$88K	$106K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.640	−0.028%	$4.8M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.646	+0.028%	$12K	—	150x	as long as short
Variational Omni AVAX	+0.0008%	8h	10.633	−0.095%	$2.8M	$2.1M	—	as long as short
Gate AVAX_USDT	+0.0034%	8h	10.644	+0.009%	$12.1M	$32.5M	75x	as long as short
Polymarket Perps AVAX-USD	+0.0077%	1h	10.649	+0.056%	$133K	$355K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.643	+0.001%	$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	10.657	+0.132%	$18K	$448K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.649	+0.054%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.654	+0.101%	$38.1M	$43.5M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.653	+0.097%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.650	+0.066%	$268K	$130K	10x	as long as short
Binance AVAXUSDTshort	+0.0100%	8h	10.657	+0.132%	$113.2M	$430.9M	75x
Bybit AVAXUSDT	+0.0100%	8h	10.641	−0.019%	$78.8M	$144.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.645	+0.019%	$18.7M	$112.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.648	+0.047%	$42.4M	$79.5M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.643	long leg	$13.3M	$22.8M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.651	+0.075%	$32.1M	$49.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.654	+0.103%	—	$54.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.642	−0.009%	$370K	$538K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.624	−0.177%	$336K	$957K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.568	−0.705%	$171K	$663K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.646	+0.028%	$168K	$339K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.680	+0.343%	$12K	$755K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.639	−0.038%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.649	+0.052%	$344K	$794K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.646	+0.028%	$28.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.642	−0.007%	$641K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.640	−0.024%	$244K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.638	−0.047%	$839K	$4.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.637	−0.056%	$4.7M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.641	−0.015%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0266%	1h	10.646	+0.025%	$235K	—	120x	as long as short