Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%

Price spread now: Polymarket Perps against KuCoin−0.231%7-day average +0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 4 days (all we have)+0.718%+$72 · spread now −0.231%, 7d avg +0.034%

Together, before fees+0.774%+$77 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: Polymarket Perps is 0.265% cheaper against KuCoin than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.826	0.0100	pay 0.0100% / 8h	7h 45m	$14.0M	$21.5M	75x
Short	Polymarket Perps AVAX-USD	10.801	0.0100	get 0.0013% / 1h	45m 58s	$136K	$287K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.231%Rate

Funding earned: $0
Price spread: −0.231% → +0.034%: −$26.46
Slippage, 4 orders: −$18.71
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$65.17
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Polymarket Perps: live order book, 51 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, 3 min ago	0.93 bp	16.4 bp −$16	27.0 bp −$270	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 51 min ago	2.34 bp	6.3 bp −$6	8.9 bp −$89	doesn't fit	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
Phemex AVAXUSDT	−0.0375%	8h	10.815	−0.102%	$28.9M	$5.7M	50x	as long as short
Nado AVAX-PERP	−0.0288%	1h	10.797	−0.268%	$281K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0264%	1h	10.828	+0.022%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.764	−0.575%	$3.0M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.801	−0.234%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.820	−0.055%	$4.9M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.802	−0.218%	$12K	—	150x	as long as short
SoDEX AVAX-USD	+0.0010%	1h	10.822	−0.037%	$18K	$68K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.610%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.805	−0.194%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.820	−0.055%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.795	−0.286%	$22K	$463K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.836	+0.092%	$36.0M	$41.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.821	−0.049%	$2.4M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.805	−0.196%	$272K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.819	−0.065%	$114.5M	$399.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.818	−0.074%	$84.4M	$138.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.818	−0.074%	$19.0M	$107.4M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.823	−0.028%	$13.6M	$28.6M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.824	−0.018%	$53.7M	$79.0M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.826	long leg	$14.0M	$21.5M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.820	−0.055%	$33.0M	$45.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.821	−0.046%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.829	+0.028%	$441K	$531K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.769	−0.527%	$340K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.769	−0.527%	$174K	$663K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.801	−0.231%	$136K	$287K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.815	−0.102%	$234K	$248K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.856	+0.273%	$12K	$771K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.848	+0.200%	$336K	$871K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.814	−0.113%	$614K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.806	−0.180%	$248K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.818	−0.074%	$854K	$5.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.787	−0.360%	$4.7M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.792	−0.316%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.798	−0.260%	$228K	—	120x	as long as short