Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%

Price spread now: HTX against Polymarket Perps−0.061%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1171.170% of the position

Long on Polymarket Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.061%, 7d avg −0.048%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	10.729	0.0100	pay 0.0013% / 1h	13m 14s	$134K	$354K	10x
Short	HTX AVAX-USDT	10.723	0.0100	get 0.0100% / 8h	2h 13m	$348K	$812K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.061%Rate

Funding earned: $0
Price spread: −0.061% → −0.048%: −$1.3
Slippage, 4 orders: −$97.01
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$118.3
Costs to cover: 1.170%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 34 min ago; HTX: live order book, 40 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, 34 min ago	2.84 bp	6.8 bp −$7	8.2 bp −$82	doesn't fit	doesn't fit
Sell HTX live order book, 40 min ago	24.18 bp	46.7 bp −$47	143.9 bp −$1,439	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	−0.1423%	1h	10.760	+0.289%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.723	−0.053%	$4.2M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0075%	1h	10.725	−0.042%	$284K	$341K	10x	as long as short
Variational Omni AVAX	−0.0034%	8h	10.610	−1.111%	$2.8M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.719	−0.096%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.725	−0.037%	$4.8M	$7.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.723	−0.053%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0025%	8h	10.723	−0.056%	$12.4M	$32.9M	75x	as long as short
Bybit AVAXUSDT	+0.0066%	8h	10.720	−0.084%	$80.8M	$147.3M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.720	−0.080%	$1.2M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.724	−0.047%	$18K	$434K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0097%	8h	10.725	−0.039%	$12K	$212	20x	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.714	−0.140%	$427K	$586K	15x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.735	+0.056%	$37.8M	$44.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.723	−0.060%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.717	−0.111%	$268K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.723	−0.060%	$115.0M	$433.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.721	−0.075%	$19.0M	$114.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.726	−0.028%	$45.2M	$80.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.724	−0.047%	$13.2M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.721	−0.075%	$32.4M	$49.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.724	−0.047%	—	$6.5M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.639	−0.839%	$343K	$988K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.649	−0.746%	$172K	$662K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	10.729	long leg	$134K	$354K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.729	0.000%	$217K	$338K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.747	+0.165%	$12K	$763K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.718	−0.103%	$18K	$72K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.723	−0.061%	$348K	$812K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.725	−0.037%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.718	−0.106%	$643K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.720	−0.089%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.733	+0.037%	$932K	$5.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.722	−0.065%	$4.7M	$5.8M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.722	−0.063%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.725	−0.034%	$227K	—	120x	as long as short