Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h −0.005%

Price spread now: Paradex against Polymarket Perps+0.199%48s7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Paradex

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: Paradex is 0.199% dearer against Polymarket Perps than usual: you sell high and buy low, +$20 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	10.755	0.0100	pay 0.0013% / 1h	1m 34s	$126K	$344K	10x
Short	Paradex AVAX-USD-PERP	10.776	0.0097	get 0.0097% / 8h	3h 01m	$12K	$212	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.199%Rate

Funding earned: −$0.71
Price spread: +0.199% → 0.000%: $19.89
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: $7.18
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 51 min ago; Paradex: 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 Polymarket Perps live order book, 51 min ago	0.91 bp	4.9 bp −$5	6.7 bp −$67	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	10.800	+0.418%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0122%	1h	10.757	+0.019%	$4.9M	$7.5M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.775	+0.183%	$94K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.756	+0.006%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.759	+0.033%	$4.1M	$11.1M	50x	as long as short
Nado AVAX-PERP	+0.0042%	1h	10.768	+0.116%	$281K	$308K	10x	as long as short
Gate AVAX_USDT	+0.0046%	8h	10.777	+0.205%	$12.2M	$32.9M	75x	as long as short
Variational Omni AVAX	+0.0081%	8h	10.844	+0.824%	$2.8M	$2.2M	—	as long as short
Lighter AVAX	+0.0096%	1h	10.776	+0.199%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.777	+0.205%	$8K	$442K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERPshort	+0.0097%	8h	10.776	+0.199%	$12K	$212	20x
Aster AVAXUSDT	+0.0100%	8h	10.771	+0.144%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.777	+0.205%	$271K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.780	+0.232%	$113.1M	$418.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.770	+0.139%	$80.6M	$141.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.776	+0.195%	$19.5M	$109.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.776	+0.195%	$44.1M	$79.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.773	+0.167%	$14.7M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.769	+0.130%	$32.1M	$47.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.773	+0.167%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.751	−0.037%	$367K	$528K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.847	+0.854%	$341K	$942K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.839	+0.781%	$174K	$664K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	10.755	long leg	$126K	$344K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.757	+0.019%	$189K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.785	+0.283%	$11K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.755	0.000%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.762	+0.066%	$358K	$780K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.759	+0.037%	$28.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.772	+0.159%	$663K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.758	+0.023%	$247K	—	3x	as long as short
Hyperliquid AVAX	+0.0180%	1h	10.782	+0.251%	$40.6M	$40.2M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.831	+0.707%	$4.8M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.755	0.000%	$884K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.758	+0.026%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0275%	1h	10.758	+0.024%	$234K	—	120x	as long as short