Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Aster against ApeX Omni−0.103%79s7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.430% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 3 days (all we have)−0.320%−$32 · spread now −0.103%, 7d avg −0.057%

Together, before fees−0.358%+ Points / potential airdropAster: Stage 5 · farm board−$36 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: Aster is 0.046% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.057%. The two prices were read 79 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	ApeX Omni AVAXUSDT	11.350	0.0100	pay 0.0013% / 1h	0m 06s	$186K	$684K	50x
Short	Aster AVAXUSDT	11.338	0.0100	get 0.0100% / 8h	2h 00m	$2.3M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now −0.103%Rate

Funding earned: $0
Price spread: −0.103% → −0.057%: −$4.59
Slippage, 4 orders: −$25.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$47.61
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 23 min ago; Aster: live order book, 3 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 ApeX Omni live order book, 23 min ago	5.74 bp	13.4 bp −$13	87.7 bp −$877	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	1.76 bp	7.7 bp −$8	19.7 bp −$197	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
Deribit AVAX_USDC-PERPETUAL	−0.0103%	1h	11.336	−0.123%	$5.4M	$9.3M	25x	as long as short
Nado AVAX-PERP	−0.0073%	1h	11.337	−0.112%	$299K	$958K	10x	as long as short
Variational Omni AVAX	−0.0065%	8h	11.332	−0.159%	$3.0M	$2.2M	—	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.270	−0.705%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.340	−0.090%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.339	−0.100%	$16K	—	150x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.356	+0.053%	$996K	$8.4M	50x	as long as short
Gate AVAX_USDT	+0.0075%	8h	11.335	−0.132%	$12.7M	$40.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.333	−0.152%	$1.3M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.337	−0.115%	$13K	$704K	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	+0.0098%	8h	11.333	−0.147%	$13K	$766	20x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.338	−0.103%	$2.3M	$1.9M	75x
Pacifica AVAX	+0.0100%	1h	11.338	−0.106%	$301K	$121K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.330	−0.176%	$121.5M	$535.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.332	−0.159%	$91.2M	$156.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.330	−0.176%	$20.4M	$149.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.332	−0.159%	$54.9M	$110.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.336	−0.123%	$16.2M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.332	−0.159%	$34.9M	$60.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.332	−0.159%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.333	−0.150%	$341K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.353	+0.028%	$359K	$895K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.350	long leg	$186K	$684K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.340	−0.088%	$135K	$485K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.347	−0.026%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.365	+0.130%	$12K	$725K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.334	−0.141%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.336	−0.119%	$366K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.332	−0.159%	$30.5M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.334	−0.140%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.335	−0.128%	$260K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.337	−0.115%	$5.1M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.337	−0.112%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0253%	1h	11.341	−0.076%	$4.6M	$13.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.340	−0.089%	$245K	—	120x	as long as short
Hyperliquid AVAX	+0.0683%	1h	11.349	−0.009%	$44.0M	$58.7M	10x	as long as short