Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Aster against Polymarket Perps−0.014%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$310.312% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 3 days (all we have)−0.492%−$49 · spread now −0.014%, 7d avg −0.054%

Together, before fees−0.481%+ Points / potential airdropAster: Stage 5 · farm board−$48 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: Aster is 0.040% dearer against Polymarket Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	11.121	0.0100	pay 0.0013% / 1h	56m 25s	$116K	$476K	10x
Short	Aster AVAXUSDT	11.119	0.0100	get 0.0100% / 8h	2h 56m	$2.3M	$2.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.054%: $4.01
Slippage, 4 orders: −$15.24
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.23
Costs to cover: 0.312%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 31 min ago; Aster: live order book, 2 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 Polymarket Perps live order book, 31 min ago	1.36 bp	5.4 bp −$5	7.9 bp −$79	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	2.25 bp	8.0 bp −$8	16.0 bp −$160	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
Variational Omni AVAX	−0.0203%	8h	11.128	+0.060%	$2.9M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0200%	1h	11.107	−0.126%	$5.2M	$9.4M	25x	as long as short
Nado AVAX-PERP	−0.0093%	1h	11.125	+0.040%	$298K	$963K	10x	as long as short
SoDEX AVAX-USD	−0.0087%	1h	11.106	−0.135%	$18K	$72K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.189%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0040%	1h	11.113	−0.069%	$662K	$2.2M	25x	as long as short
Backpack AVAX_USDC_PERP	−0.0011%	1h	11.115	−0.054%	$316K	$552K	15x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.130	+0.081%	$98K	$132K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.132	+0.099%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0010%	8h	11.116	−0.045%	$85.4M	$147.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX AVAX-USDT-SWAP	+0.0023%	8h	11.120	−0.009%	$19.8M	$146.7M	50x	as long as short
Gate AVAX_USDT	+0.0042%	8h	11.121	0.000%	$12.3M	$39.2M	75x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.111	−0.090%	$897K	$8.0M	50x	as long as short
Phemex AVAXUSDT	+0.0056%	8h	11.110	−0.099%	$29.8M	$4.8M	50x	as long as short
Binance AVAXUSDT	+0.0060%	8h	11.118	−0.027%	$119.3M	$541.4M	75x	as long as short
MEXC AVAX_USDT	+0.0060%	8h	11.119	−0.018%	$54.3M	$107.9M	200x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	11.121	−0.003%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.123	+0.021%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.115	−0.054%	$17K	$698K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.104	−0.153%	$255K	—	3x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.119	−0.014%	$2.3M	$2.0M	75x
Pacifica AVAX	+0.0100%	1h	11.127	+0.058%	$296K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.120	−0.009%	$16.2M	$24.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.115	−0.054%	$34.2M	$61.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.116	−0.045%	—	$6.5M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.122	+0.006%	$352K	$892K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.128	+0.063%	$179K	$685K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	11.121	long leg	$116K	$476K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.116	−0.045%	$200K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.136	+0.138%	$12K	$709K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.101	−0.184%	$355K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0181%	8h	11.111	−0.090%	$5.0M	$8.9M	100x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.118	−0.029%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0258%	1h	11.119	−0.022%	$4.6M	$13.6M	50x	as long as short
Hyperliquid AVAX	+0.0379%	1h	11.136	+0.135%	$41.9M	$58.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0407% / S −0.0244%	1h	11.111	−0.090%	$240K	—	120x	as long as short