Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against OKX+0.763%53s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.360% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.248%+$25 on $10k
Price spread, last 4 days (all we have)−0.896%−$90 · spread now +0.763%, 7d avg +0.039%
Together, before fees−0.647%−$65 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.724% dearer against OKX than usual: you sell high and buy low: +$72 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX AVAX-USDT-SWAP10.7490.0100pay 0.0100% / 8h3h 02m$19.4M$108.9M50x
ShortBloFin AVAX-USDT10.8310.0220get 0.0220% / 8h3h 02m$4.8M$5.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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

Funding earned
$25.2
Price spread: +0.763% → +0.039%
$72.39
Slippage, 4 orders
−$14.04
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$61.55
Costs to cover
0.360%
Break-even
from the start
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.46 bp7.2 bp −$714.5 bp −$14557.7 bp −$5,768doesn't fit
Sell BloFin live order book, 6 min ago1.38 bp8.1 bp −$811.4 bp −$11439.8 bp −$3,98171.9 bp −$36.0K

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1421%1h10.800+0.474%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0122%1h10.757+0.074%$4.9M$7.5M25xas long as short
dYdX AVAX-USD0.0000%1h10.779+0.276%$94K$96K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.756+0.061%$12K150xas long as short
Kraken Futures PF_AVAXUSD+0.0020%1h10.759+0.089%$4.1M$11.1M50xas long as short
Gate AVAX_USDT+0.0042%8h10.760+0.102%$12.2M$32.8M75xas long as short
Nado AVAX-PERP+0.0044%1h10.757+0.074%$280K$308K10xas long as short
Variational Omni AVAX+0.0081%8h10.844+0.880%$2.8M$2.2Mas long as short
Lighter AVAX+0.0096%1h10.754+0.047%$1.2M$2.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.744−0.047%$7K$436K50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AVAX-USD-PERP+0.0097%8h10.777+0.258%$12K$21220xas long as short
Aster AVAXUSDT+0.0100%8h10.753+0.040%$2.2M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h10.772+0.212%$271K$130K10xas long as short
Binance AVAXUSDT+0.0100%8h10.750+0.009%$112.8M$418.7M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.744−0.047%$80.5M$141.1M75xas long as short
OKX AVAX-USDT-SWAPlong+0.0100%8h10.749long leg$19.4M$108.9M50x
MEXC AVAX_USDT+0.0100%8h10.762+0.121%$43.6M$79.6M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.758+0.084%$14.7M$21.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.753+0.037%$32.0M$47.9M75xas long as short
BingX AVAX-USDT+0.0100%8h10.753+0.037%$54.8Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.828+0.735%$369K$525K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.847+0.910%$341K$942K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.856+0.995%$174K$663K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.755+0.056%$126K$344K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.757+0.074%$189K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h10.785+0.339%$11K$721K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.755+0.056%$18K$71K10xas long as short
HTX AVAX-USDT+0.0100%8h10.762+0.122%$358K$780K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.759+0.093%$28.7M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.750+0.011%$663K$1.3M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.758+0.079%$247K3xas long as short
Hyperliquid AVAX+0.0181%1h10.771+0.205%$40.6M$40.2M10xas long as short
BloFin AVAX-USDTshort+0.0220%8h10.831+0.763%$4.8M$5.3M100x
Coinbase International AVAX-PERP-INTX+0.0232%1h10.755+0.056%$884K$4.7M50xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.758+0.082%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0275%1h10.758+0.080%$234K120xas long as short