Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: OKX against MEXC−0.018%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$190.191% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 7 days−0.008%−$1 · spread now −0.018%, 7d avg −0.026%

Together, before fees−0.035%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AVAX_USDT	10.915	0.0100	pay 0.0100% / 8h	6h 19m	$53.0M	$72.9M	200x
Short	OKX AVAX-USDT-SWAP	10.913	0.0100	get 0.0100% / 8h	6h 19m	$19.4M	$105.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now −0.018%Rate

Funding earned: $0
Price spread: −0.018% → −0.026%: $0.75
Slippage, 4 orders: −$9.1
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$18.35
Costs to cover: 0.191%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; OKX: live order book, 3 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 MEXC live order book, 3 min ago	0.46 bp	2.0 bp −$2	5.8 bp −$58	38.0 bp −$3,803	101.0 bp −$50.5K
Sell OKX live order book, 3 min ago	0.46 bp	8.1 bp −$8	17.4 bp −$174	65.1 bp −$6,506	doesn't fit

AVAX on 36 exchanges

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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.919	+0.035%	$3.8M	$11.5M	50x	as long as short
Variational Omni AVAX	−0.0128%	8h	10.917	+0.021%	$3.0M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0088%	8h	10.916	+0.009%	$14.4M	$28.5M	75x	as long as short
SoDEX AVAX-USD	−0.0024%	1h	10.913	−0.018%	$19K	$68K	10x	as long as short
Phemex AVAXUSDT	−0.0024%	8h	10.912	−0.027%	$29.1M	$5.5M	50x	as long as short
Bybit AVAXUSDT	−0.0014%	8h	10.913	−0.018%	$85.1M	$134.6M	75x	as long as short
Nado AVAX-PERP	−0.0004%	1h	10.915	+0.005%	$277K	$307K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.920	+0.044%	$93K	$110K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.919	+0.037%	$5.0M	$6.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.917	+0.017%	$23K	—	150x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.420%	$17K	$151K	12x	as long as short
Lighter AVAX	+0.0096%	1h	10.916	+0.011%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.912	−0.027%	$20K	$443K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.911	−0.037%	$12K	$62	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.917	+0.018%	$2.3M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.917	+0.017%	$275K	$122K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.915	0.000%	$115.1M	$381.1M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	10.913	−0.018%	$19.4M	$105.5M	50x
MEXC AVAX_USDTlong	+0.0100%	8h	10.915	long leg	$53.0M	$72.9M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	10.918	+0.027%	$14.3M	$19.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.913	−0.018%	$33.2M	$44.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.914	−0.009%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.919	+0.037%	$441K	$535K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.915	+0.002%	$346K	$1.4M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.925	+0.092%	$176K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.914	−0.009%	$138K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.920	+0.046%	$236K	$218K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.942	+0.244%	$12K	$778K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.913	−0.015%	$325K	$942K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.908	−0.063%	$619K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.908	−0.069%	$251K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	10.929	+0.128%	$864K	$5.2M	50x	as long as short
Hyperliquid AVAX	+0.0197%	1h	10.932	+0.156%	$36.3M	$39.0M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.915	0.000%	$4.8M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.923	+0.075%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.917	+0.020%	$230K	—	120x	as long as short