Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%

Price spread now: Orderly against KuCoin+0.035%7-day average +0.041% · you sell dearer than you buy

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

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$5 on $10k

Price spread, last 3 days (all we have)−0.216%−$22 · spread now +0.035%, 7d avg +0.041%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	11.313	0.0100	pay 0.0100% / 8h	2h 10m	$16.2M	$24.4M	75x
Short	Orderly PERP_AVAX_USDC	11.317	0.0100	get 0.0100% / 8h	2h 10m	$204K	$302K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.041%: −$0.58
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18.58
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 9 min ago; Orderly: 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 KuCoin live order book, 9 min ago	1.33 bp	16.7 bp −$17	28.7 bp −$287	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Deribit AVAX_USDC-PERPETUAL	−0.0104%	1h	11.308	−0.044%	$5.4M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0092%	8h	11.306	−0.060%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0077%	1h	11.309	−0.040%	$298K	$959K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.250	−0.557%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.317	+0.032%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.307	−0.056%	$16K	—	150x	as long as short
Gate AVAX_USDT	+0.0055%	8h	11.308	−0.044%	$12.7M	$40.4M	75x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.327	+0.124%	$994K	$8.3M	50x	as long as short
OKX AVAX-USDT-SWAP	+0.0087%	8h	11.310	−0.027%	$20.3M	$149.2M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.309	−0.034%	$1.3M	$3.2M	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	11.309	−0.035%	$10K	$702K	50x	as long as short
MEXC AVAX_USDT	+0.0096%	8h	11.309	−0.035%	$55.8M	$110.3M	200x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.313	+0.002%	$13K	$766	20x	as long as short
Binance AVAXUSDT	+0.0098%	8h	11.308	−0.044%	$121.2M	$537.1M	75x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.309	−0.035%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.317	+0.039%	$301K	$121K	10x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.310	−0.027%	$90.7M	$155.8M	75x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	11.313	long leg	$16.2M	$24.4M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.310	−0.027%	$34.8M	$61.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.310	−0.027%	—	$90.1M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.309	−0.035%	$338K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.317	+0.032%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.295	−0.159%	$182K	$681K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.310	−0.027%	$133K	$482K	10x	as long as short
Orderly PERP_AVAX_USDCshort	+0.0100%	8h	11.317	+0.035%	$204K	$302K	20x
SunX AVAX-USDT	+0.0100%	8h	11.345	+0.278%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.308	−0.044%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.309	−0.040%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.310	−0.027%	$30.3M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.309	−0.039%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.303	−0.091%	$260K	—	3x	as long as short
BloFin AVAX-USDT	+0.0217%	8h	11.315	+0.018%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.303	−0.092%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.317	+0.037%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.305	−0.074%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0673%	1h	11.329	+0.141%	$44.0M	$58.9M	10x	as long as short