Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: SunX against Paradex+0.255%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 SunX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.255% dearer against Paradex than usual: you sell high and buy low, +$26 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AVAX-USD-PERP	11.010	0.0100	pay 0.0100% / 8h	3h 50m	$12K	$212	20x
Short	SunX AVAX-USDT	11.038	0.0100	get 0.0100% / 8h	3h 50m	$12K	$719K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.255%Rate

Funding earned: $0.06
Price spread: +0.255% → 0.000%: $25.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: $13.59
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; SunX: live order book, 31 min ago. 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 SunX live order book, 31 min ago	41.87 bp	101.2 bp −$101	doesn't fit	doesn't fit	doesn't fit

Paradex: 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 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	−0.1421%	1h	10.960	−0.452%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0023%	1h	11.005	−0.039%	$286K	$318K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0022%	1h	11.007	−0.025%	$5.1M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.016	+0.052%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.010	+0.002%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	11.004	−0.048%	$4.3M	$11.3M	50x	as long as short
ApeX Omni AVAXUSDT	+0.0084%	1h	11.008	−0.016%	$177K	$671K	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.003	−0.064%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.008	−0.016%	$15K	$458K	50x	as long as short
Paradex AVAX-USD-PERPlong	+0.0100%	8h	11.010	long leg	$12K	$212	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	11.009	−0.009%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.013	+0.029%	$277K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.997	−0.118%	$116.0M	$428.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.990	−0.180%	$84.1M	$140.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.995	−0.134%	$20.2M	$114.0M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.002	−0.071%	$12.1M	$32.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.005	−0.044%	$45.9M	$78.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.009	−0.007%	$15.5M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.992	−0.162%	$33.1M	$47.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.999	−0.098%	—	$76.0M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.002	−0.071%	$370K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.001	−0.084%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.010	+0.001%	$345K	$891K	10x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.008	−0.016%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.014	+0.038%	$193K	$310K	20x	as long as short
SunX AVAX-USDTshort	+0.0100%	8h	11.038	+0.255%	$12K	$719K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.002	−0.071%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.004	−0.049%	$366K	$791K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.006	−0.034%	$29.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.003	−0.063%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.005	−0.048%	$253K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.000	−0.089%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.018	+0.075%	$897K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.006	−0.037%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0383%	1h	11.017	+0.065%	$42.7M	$41.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.010	+0.005%	$234K	—	120x	as long as short