Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Pacifica against Aevo−0.028%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$915as in the Funding arb table
Net, price: spread back to 7d avg − costs−$921as in the Price arb table
costs, in and out, $10k−$9159.153% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.028%, 7d avg +0.028%
Together, before fees+0.110%+ Points / potential airdropPacifica: Active · farm board+$11 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: Pacifica is 0.056% cheaper against Aevo than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AVAX-PERP10.7020.0104pay 0.0013% / 1h4m 38s$246K3x
ShortPacifica AVAX10.6990.0100get 0.0013% / 1h4m 38s$269K$129K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Aevo. 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

Funding earned
−$0.84
Price spread: −0.028% → +0.028%
−$5.64
Slippage, 4 orders
−$891.26
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$921.74
Costs to cover
9.153%
Break-even
never at this rate
Slippage from Aevo: live order book, 39 min ago; Pacifica: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 39 min ago205.90 bp438.3 bp −$438doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 39 min ago1.87 bp10.3 bp −$1022.6 bp −$226doesn't fitdoesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AVAX-PERP−0.0196%1h10.7020.000%$281K$337K10xas long as short
Variational Omni AVAX−0.0062%8h10.713+0.099%$2.9M$2.2Mas long as short
Deribit AVAX_USDC-PERPETUAL−0.0030%1h10.700−0.019%$4.8M$7.0M25xas long as short
dYdX AVAX-USD0.0000%1h10.709+0.066%$91K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.706+0.037%$12K150xas long as short
Gate AVAX_USDT+0.0014%8h10.694−0.075%$12.9M$32.5M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.542%$17K$152K12xas long as short
SoDEX AVAX-USD+0.0083%1h10.699−0.028%$18K$72K10xas long as short
Paradex AVAX-USD-PERP+0.0085%8h10.689−0.126%$12K$21220xas long as short
Bybit AVAXUSDT+0.0088%8h10.685−0.159%$81.5M$144.2M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.694−0.079%$1.2M$2.5M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.682−0.187%$25K$474K50xas long as short
Hyperliquid AVAX+0.0100%1h10.701−0.009%$37.1M$43.5M10xas long as short
Aster AVAXUSDT+0.0100%8h10.702−0.003%$2.2M$1.0M75xas long as short
Pacifica AVAXshort+0.0100%1h10.699−0.028%$269K$129K10x
Binance AVAXUSDT+0.0100%8h10.692−0.092%$113.2M$419.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.686−0.150%$18.8M$111.2M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.694−0.075%$45.1M$81.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.692−0.093%$13.7M$22.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.687−0.140%$32.3M$48.2M75xas long as short
BingX AVAX-USDC+0.0100%8h10.688−0.131%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.699−0.028%$436K$561K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.728+0.244%$339K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.728+0.243%$173K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.705+0.028%$135K$349K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.709+0.065%$231K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.734+0.303%$11K$769K20xas long as short
HTX AVAX-USDT+0.0100%8h10.698−0.033%$326K$896K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.7020.000%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.680−0.202%$609K$1.4M25xas long as short
Aevo AVAX-PERPlong+0.0104%1h10.702long leg$246K3x
Kraken Futures PF_AVAXUSD+0.0113%1h10.700−0.018%$3.8M$12.1M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.729+0.252%$853K$5.1M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.695−0.065%$4.6M$5.6M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.701−0.007%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.707+0.042%$226K120xas long as short