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 0.000%

Price spread now: HTX against SunX−0.276%7-day average −0.290% · you buy dearer than you sell

Net, funding: paid 7d − costs−$256as in the Funding arb table

Net, price: spread back to 7d avg − costs−$254as in the Price arb table

costs, in and out, $10k−$2562.556% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.276%, 7d avg −0.290%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	10.815	0.0100	pay 0.0100% / 8h	3h 00m	$11K	$725K	20x
Short	HTX AVAX-USDT	10.786	0.0100	get 0.0100% / 8h	3h 00m	$358K	$780K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.276%Rate

Funding earned: $0
Price spread: −0.276% → −0.290%: $1.39
Slippage, 4 orders: −$235.59
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$254.2
Costs to cover: 2.556%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; HTX: live order book, 58 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 SunX live order book, 11 min ago	41.87 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 58 min ago	37.05 bp	50.6 bp −$51	127.2 bp −$1,272	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	−0.1421%	1h	10.760	−0.512%	$17K	$152K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0028%	1h	10.787	−0.263%	$4.9M	$7.5M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.770	−0.424%	$94K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.782	−0.306%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.789	−0.244%	$4.2M	$11.1M	50x	as long as short
Nado AVAX-PERP	+0.0042%	1h	10.768	−0.443%	$281K	$308K	10x	as long as short
Gate AVAX_USDT	+0.0044%	8h	10.762	−0.494%	$12.2M	$33.0M	75x	as long as short
Variational Omni AVAX	+0.0067%	8h	10.769	−0.433%	$2.8M	$2.2M	—	as long as short
Lighter AVAX	+0.0096%	1h	10.767	−0.445%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.777	−0.355%	$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-PERP	+0.0097%	8h	10.765	−0.467%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.768	−0.438%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.771	−0.415%	$271K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.767	−0.452%	$112.9M	$420.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.755	−0.558%	$80.4M	$141.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.761	−0.503%	$19.5M	$109.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.769	−0.429%	$44.0M	$79.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.766	−0.457%	$14.7M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.762	−0.494%	$32.0M	$48.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.767	−0.448%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.784	−0.290%	$368K	$528K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.847	+0.291%	$341K	$942K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.839	+0.218%	$174K	$664K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.776	−0.364%	$133K	$368K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.788	−0.253%	$189K	$310K	20x	as long as short
SunX AVAX-USDTlong	+0.0100%	8h	10.815	long leg	$11K	$725K	20x
SoDEX AVAX-USD	+0.0100%	1h	10.784	−0.290%	$18K	$71K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.786	−0.276%	$358K	$780K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.790	−0.235%	$28.8M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.762	−0.497%	$664K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.776	−0.362%	$248K	—	3x	as long as short
Hyperliquid AVAX	+0.0173%	1h	10.778	−0.346%	$40.6M	$40.3M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.793	−0.207%	$4.8M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.795	−0.189%	$886K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.774	−0.380%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0272%	1h	10.783	−0.297%	$235K	—	120x	as long as short