Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.021%

Price spread now: gTrade (Gains Network) against Paradex+0.140%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.140% dearer against Paradex than usual: you sell high and buy low (spread +0.140% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AVAX-USD-PERP	11.134	0.0100	pay 0.0100% / 8h	6h 03m	$13K	$434	20x
Short	gTrade (Gains Network) AVAX/USD	11.149	L +0.0002% / S −0.0003%	get 0.0000% / 1h	3m 56s	$13K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Paradex. 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 ParadexbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.140%Rate

Funding earned: −$20.35
Price spread: +0.140% → 0.000%: $14.01
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$20.34
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVAX on 35 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	−0.1423%	1h	11.060	−0.664%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0039%	1h	11.141	+0.064%	$287K	$472K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.130	−0.039%	$102K	$91K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.145	+0.100%	$5.2M	$8.0M	25x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	11.149	+0.140%	$13K	—	150x
Lighter AVAX	+0.0096%	1h	11.146	+0.110%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.146	+0.109%	$16K	$578K	50x	as long as short
Gate AVAX_USDT	+0.0097%	8h	11.147	+0.118%	$12.2M	$36.7M	75x	as long as short
Paradex AVAX-USD-PERPlong	+0.0100%	8h	11.134	long leg	$13K	$434	20x
Aster AVAXUSDT	+0.0100%	8h	11.148	+0.128%	$2.3M	$1.3M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.141	+0.066%	$296K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.149	+0.139%	$118.8M	$446.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.147	+0.118%	$88.6M	$140.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.145	+0.100%	$20.1M	$121.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.147	+0.118%	$48.8M	$82.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.151	+0.154%	$15.6M	$22.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.146	+0.109%	$33.5M	$49.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.149	+0.136%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.150	+0.145%	$356K	$502K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.108	−0.237%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.086	−0.432%	$354K	$790K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.106	−0.251%	$178K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.148	+0.127%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.152	+0.163%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.176	+0.377%	$12K	$707K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.146	+0.109%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.141	+0.062%	$362K	$855K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.146	+0.109%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.145	+0.104%	$671K	$1.6M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.140	+0.055%	$256K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.144	+0.087%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.150	+0.149%	$4.3M	$11.7M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.155	+0.190%	$906K	$5.7M	50x	as long as short
Hyperliquid AVAX	+0.0386%	1h	11.161	+0.243%	$43.3M	$44.8M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.149	+0.135%	$236K	—	120x	as long as short