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: BingX against KuCoin−0.036%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$530.529% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days+0.025%+$2 · spread now −0.036%, 7d avg −0.018%

Together, before fees+0.094%+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	11.134	0.0100	pay 0.0100% / 8h	7h 38m	$15.4M	$23.4M	75x
Short	BingX AVAX-USDC	11.130	0.0100	get 0.0100% / 8h	7h 38m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → −0.018%: −$1.75
Slippage, 4 orders: −$30.89
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$54.64
Costs to cover: 0.529%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; BingX: 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, 11 min ago	0.90 bp	13.5 bp −$13	30.2 bp −$302	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	0.90 bp	11.7 bp −$12	30.8 bp −$308	86.6 bp −$8,655	503.7 bp −$251.9K

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	−0.1363%	1h	11.100	−0.305%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0199%	1h	11.127	−0.063%	$5.3M	$8.6M	25x	as long as short
Nado AVAX-PERP	−0.0039%	1h	11.126	−0.072%	$292K	$840K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.130	−0.035%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.130	−0.038%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0015%	8h	11.127	−0.063%	$12.2M	$38.1M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.130	−0.036%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.126	−0.072%	$18K	$636K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.127	−0.059%	$13K	$514	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.131	−0.024%	$2.3M	$1.6M	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	11.131	−0.027%	$296K	$106K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.130	−0.036%	$118.4M	$491.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.129	−0.045%	$88.6M	$150.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.129	−0.045%	$19.9M	$135.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.128	−0.054%	$48.9M	$88.4M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	11.134	long leg	$15.4M	$23.4M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.130	−0.036%	$33.7M	$55.5M	75x	as long as short
BingX AVAX-USDCshort	+0.0100%	8h	11.130	−0.036%	—	$6.5M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.131	−0.027%	$356K	$558K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.127	−0.065%	$2.9M	$2.4M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.123	−0.097%	$358K	$851K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.126	−0.072%	$179K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.130	−0.036%	$131K	$376K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.136	+0.018%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.160	+0.235%	$12K	$727K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.130	−0.036%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.130	−0.040%	$361K	$963K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.131	−0.027%	$29.9M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.126	−0.070%	$666K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.126	−0.073%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.134	−0.004%	$4.3M	$12.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.127	−0.063%	$5.0M	$6.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.126	−0.073%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.134	0.000%	$904K	$7.0M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0260%	1h	11.128	−0.051%	$248K	—	120x	as long as short
Hyperliquid AVAX	+0.0653%	1h	11.146	+0.108%	$43.5M	$51.0M	10x	as long as short