Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.021%

Price spread now: gTrade (Gains Network) against Aster+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 Aster Short on gTrade (Gains Network)

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.223	0.0100	pay 0.0100% / 8h	1h 05m	$2.3M	$1.8M	75x
Short	gTrade (Gains Network) AVAX/USD	11.224	L +0.0002% / S −0.0003%	get 0.0000% / 1h	5m 25s	$13K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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 AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.009%Rate

Funding earned: −$20.36
Price spread: +0.009% → 0.000%: $0.86
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$37.5
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; gTrade (Gains Network): 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 Aster live order book, 3 min ago	2.23 bp	9.0 bp −$9	21.8 bp −$218	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0570%	1h	11.170	−0.472%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.241	+0.161%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0044%	1h	11.216	−0.057%	$296K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.214	−0.076%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	11.224	+0.009%	$13K	—	150x
Variational Omni AVAX	+0.0019%	8h	11.219	−0.035%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.215	−0.070%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.217	−0.053%	$17K	$686K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.212	−0.093%	$13K	$766	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.223	long leg	$2.3M	$1.8M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.216	−0.065%	$298K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.222	−0.008%	$120.1M	$524.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.216	−0.062%	$89.1M	$157.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.217	−0.053%	$20.2M	$145.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.213	−0.089%	$12.4M	$40.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.222	−0.008%	$51.2M	$100.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.221	−0.017%	$15.9M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.218	−0.044%	$34.2M	$60.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.220	−0.026%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.234	+0.099%	$359K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.242	+0.166%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	+0.134%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.224	+0.009%	$133K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.251	+0.250%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.281	+0.516%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.241	+0.161%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.242	+0.174%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.239	+0.143%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.211	−0.104%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.268	+0.401%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.259	+0.321%	$912K	$8.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.243	+0.179%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.220	−0.030%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0412% / S −0.0261%	1h	11.225	+0.015%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0584%	1h	11.239	+0.143%	$43.4M	$56.6M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0629%	1h	11.248	+0.224%	$4.6M	$13.5M	50x	as long as short