Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.034%

Price spread now: SoDEX against Polymarket Perps+0.009%7-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 SoDEX

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	11.168	0.0100	pay 0.0013% / 1h	32m 55s	$131K	$349K	10x
Short	SoDEX AVAX-USD	11.169	0.0100	get 0.0013% / 1h	32m 55s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.9
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$15.1
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 29 min ago; SoDEX: 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, 29 min ago	2.24 bp	6.2 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.1374%	1h	11.080	−0.788%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0079%	1h	11.162	−0.054%	$287K	$448K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.155	−0.118%	$103K	$87K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.169	+0.009%	$5.2M	$7.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.168	−0.001%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.172	+0.036%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.170	+0.016%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.165	−0.027%	$15K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.161	−0.061%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.170	+0.020%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.162	−0.050%	$291K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.174	+0.050%	$119.3M	$433.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.174	+0.054%	$88.7M	$138.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.172	+0.036%	$20.1M	$117.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.171	+0.027%	$12.2M	$34.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.173	+0.045%	$48.0M	$79.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.173	+0.045%	$15.7M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.171	+0.027%	$33.5M	$48.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.174	+0.054%	—	$81.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.176	+0.072%	$357K	$498K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.138	−0.266%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.139	−0.258%	$357K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.136	−0.287%	$179K	$677K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	11.168	long leg	$131K	$349K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.175	+0.063%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.195	+0.246%	$12K	$700K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.169	+0.009%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.162	−0.058%	$365K	$871K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.171	+0.027%	$29.9M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.167	−0.006%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.168	+0.004%	$257K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.174	+0.054%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.177	+0.081%	$901K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.165	−0.026%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.168	−0.002%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0480%	1h	11.191	+0.206%	$43.5M	$43.1M	10x	as long as short