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 −0.028%

Price spread now: Bybit against KuCoin0.000%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days0.000%$0 · spread now 0.000%, 7d avg −0.026%

Together, before fees+0.001%$0 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: Bybit is 0.026% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	11.232	0.0100	pay 0.0100% / 8h	7h 58m	$15.6M	$24.1M	75x
Short	Bybit AVAXUSDT	11.232	0.0100	get 0.0100% / 8h	7h 58m	$89.5M	$154.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.026%: $2.62
Slippage, 4 orders: −$22.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$42.65
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Bybit: live order book, 10 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, 10 min ago	0.44 bp	14.8 bp −$15	26.9 bp −$269	doesn't fit	doesn't fit
Sell Bybit live order book, 10 min ago	0.44 bp	7.8 bp −$8	12.8 bp −$128	37.0 bp −$3,704	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
Injective AVAX/USDC PERP	−0.1363%	1h	11.180	−0.463%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0301%	1h	11.227	−0.040%	$296K	$877K	10x	as long as short
Gate AVAX_USDT	−0.0079%	8h	11.224	−0.071%	$12.5M	$37.3M	75x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0017%	1h	11.227	−0.045%	$5.3M	$8.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.223	−0.085%	$103K	$106K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.229	−0.027%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.218	−0.126%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.232	0.000%	$18K	$663K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.232	+0.001%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.229	−0.026%	$2.3M	$1.7M	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	11.226	−0.052%	$298K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.222	−0.089%	$120.3M	$510.2M	75x	as long as short
Bybit AVAXUSDTshort	+0.0100%	8h	11.232	0.000%	$89.5M	$154.6M	75x
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.231	−0.009%	$20.3M	$142.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.231	−0.009%	$49.9M	$87.6M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	11.232	long leg	$15.6M	$24.1M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.231	−0.009%	$34.3M	$57.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.232	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.228	−0.036%	$359K	$564K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.228	−0.036%	$3.0M	$2.4M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.230	−0.020%	$362K	$873K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.234	+0.018%	$180K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.230	−0.018%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.236	+0.036%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.263	+0.277%	$12K	$736K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.228	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.226	−0.049%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.226	−0.053%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.229	−0.028%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.227	−0.040%	$258K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0214%	1h	11.233	+0.010%	$4.6M	$12.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.225	−0.062%	$5.0M	$7.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.225	−0.063%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.235	+0.027%	$917K	$7.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0434% / S −0.0258%	1h	11.228	−0.036%	$251K	—	120x	as long as short
Hyperliquid AVAX	+0.0651%	1h	11.247	+0.133%	$43.8M	$55.0M	10x	as long as short