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 +0.010%

Price spread now: HTX against OKX+0.178%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$1021.017% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)−0.595%−$60 · spread now +0.178%, 7d avg +0.010%

Together, before fees−0.515%−$52 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: HTX is 0.169% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVAX-USDT-SWAP	10.874	0.0100	pay 0.0100% / 8h	6h 59m	$19.4M	$106.5M	50x
Short	HTX AVAX-USDT	10.893	0.0100	get 0.0100% / 8h	6h 59m	$336K	$869K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee OKXbpFee HTXbpOrdersPrice spread, now +0.178%Rate

Funding earned: $0
Price spread: +0.178% → +0.010%: $16.85
Slippage, 4 orders: −$79.71
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$84.86
Costs to cover: 1.017%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; HTX: live order book, 39 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 OKX live order book, 4 min ago	0.46 bp	8.0 bp −$8	20.1 bp −$201	doesn't fit	doesn't fit
Sell HTX live order book, 39 min ago	25.82 bp	54.5 bp −$55	98.9 bp −$989	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
Kraken Futures PF_AVAXUSD	−0.0262%	1h	10.900	+0.242%	$3.8M	$11.5M	50x	as long as short
Phemex AVAXUSDT	−0.0121%	8h	10.892	+0.166%	$29.1M	$5.6M	50x	as long as short
Variational Omni AVAX	−0.0094%	8h	10.874	+0.004%	$3.0M	$2.1M	—	as long as short
SoDEX AVAX-USD	−0.0068%	1h	10.894	+0.184%	$19K	$68K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.881	+0.067%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.898	+0.221%	$4.9M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.897	+0.211%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.048%	$17K	$151K	12x	as long as short
Gate AVAX_USDT	+0.0036%	8h	10.882	+0.074%	$14.2M	$28.0M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.878	+0.039%	$12K	$62	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	10.884	+0.097%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.882	+0.074%	$19K	$474K	50x	as long as short
Nado AVAX-PERP	+0.0100%	1h	10.874	+0.005%	$274K	$311K	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.885	+0.104%	$2.2M	$1.4M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.890	+0.143%	$274K	$126K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.880	+0.056%	$114.6M	$387.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.876	+0.018%	$84.9M	$135.3M	75x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0100%	8h	10.874	long leg	$19.4M	$106.5M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.887	+0.120%	$55.4M	$72.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.883	+0.083%	$14.1M	$19.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.873	−0.009%	$33.1M	$44.9M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.879	+0.046%	—	$52.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.895	+0.193%	$440K	$528K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.889	+0.138%	$341K	$1.3M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.897	+0.212%	$175K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.886	+0.110%	$137K	$245K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.901	+0.248%	$236K	$221K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.923	+0.451%	$12K	$777K	20x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.893	+0.178%	$336K	$869K	75x
Extended AVAX-USD	+0.0104%	1h	10.877	+0.027%	$621K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.890	+0.150%	$250K	—	3x	as long as short
Hyperliquid AVAX	+0.0134%	1h	10.891	+0.156%	$36.1M	$39.8M	10x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.893	+0.175%	$858K	$5.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.882	+0.074%	$4.7M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.871	−0.027%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.892	+0.166%	$230K	—	120x	as long as short