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 +0.013%

Price spread now: KuCoin against OKX+0.098%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days−0.098%−$10 · spread now +0.098%, 7d avg +0.022%

Together, before fees−0.116%−$12 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: KuCoin is 0.076% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVAX-USDT-SWAP	11.215	0.0100	pay 0.0100% / 8h	24m 43s	$20.3M	$143.5M	50x
Short	KuCoin AVAXUSDTM	11.226	0.0100	get 0.0100% / 8h	24m 43s	$15.8M	$24.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.098%Rate

Funding earned: $0
Price spread: +0.098% → +0.022%: $7.62
Slippage, 4 orders: −$25.84
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$40.22
Costs to cover: 0.478%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 4 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	0.44 bp	8.1 bp −$8	17.2 bp −$172	51.6 bp −$5,158	doesn't fit
Sell KuCoin live order book, 4 min ago	0.44 bp	17.7 bp −$18	32.9 bp −$329	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
Injective AVAX/USDC PERP	−0.1451%	1h	11.210	−0.045%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.225	+0.089%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0097%	1h	11.224	+0.085%	$296K	$878K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.220	+0.043%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.225	+0.089%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0084%	8h	11.245	+0.269%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.226	+0.095%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.219	+0.036%	$18K	$671K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.214	−0.005%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.228	+0.117%	$2.3M	$1.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.222	+0.064%	$298K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.215	0.000%	$120.0M	$512.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.215	0.000%	$89.4M	$155.0M	75x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0100%	8h	11.215	long leg	$20.3M	$143.5M	50x
Gate AVAX_USDT	+0.0100%	8h	11.224	+0.080%	$12.5M	$40.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.223	+0.071%	$50.6M	$93.3M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.226	+0.098%	$15.8M	$24.2M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.215	0.000%	$34.2M	$57.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.214	−0.009%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.227	+0.107%	$359K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.250	+0.311%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.243	+0.250%	$181K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.224	+0.080%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.232	+0.152%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.254	+0.347%	$12K	$734K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.226	+0.098%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.219	+0.036%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.226	+0.098%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.214	−0.012%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.220	+0.044%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.229	+0.125%	$5.0M	$7.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.220	+0.046%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.232	+0.149%	$4.6M	$13.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.254	+0.348%	$915K	$7.8M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0426% / S −0.0282%	1h	11.224	+0.083%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0806%	1h	11.243	+0.250%	$43.7M	$54.9M	10x	as long as short