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 −0.009%

Price spread now: OKX against Aster+0.083%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.083%, 7d avg +0.007%

Together, before fees−0.111%+ Points / potential airdropAster: Stage 5 · 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: OKX is 0.075% dearer against Aster than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	11.145	0.0100	pay 0.0100% / 8h	5h 05m	$2.3M	$1.2M	75x
Short	OKX AVAX-USDT-SWAP	11.154	0.0100	get 0.0100% / 8h	5h 05m	$20.4M	$116.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.083%Rate

Funding earned: $0
Price spread: +0.083% → +0.007%: $7.53
Slippage, 4 orders: −$16.4
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$26.88
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; OKX: 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 Aster live order book, 3 min ago	1.79 bp	9.0 bp −$9	20.7 bp −$207	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.45 bp	7.2 bp −$7	15.4 bp −$154	56.0 bp −$5,597	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	−0.1374%	1h	11.120	−0.222%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.141	−0.034%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0063%	1h	11.144	−0.007%	$287K	$395K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.139	−0.053%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.143	−0.015%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.151	+0.057%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.140	−0.043%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.152	+0.065%	$16K	$563K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.141	−0.037%	$13K	$434	20x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	11.145	long leg	$2.3M	$1.2M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.144	−0.005%	$291K	$114K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.152	+0.065%	$119.2M	$430.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.149	+0.038%	$88.5M	$137.8M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	11.154	+0.083%	$20.4M	$116.9M	50x
Gate AVAX_USDT	+0.0100%	8h	11.139	−0.052%	$12.1M	$35.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.142	−0.025%	$48.8M	$79.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.143	−0.016%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.149	+0.038%	$33.5M	$48.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.144	−0.007%	—	$81.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.147	+0.020%	$330K	$523K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.140	−0.040%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.149	+0.038%	$354K	$822K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.148	+0.029%	$179K	$674K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.154	+0.083%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.151	+0.056%	$196K	$312K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.176	+0.282%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.146	+0.011%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.146	+0.006%	$365K	$866K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.148	+0.029%	$29.8M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.140	−0.041%	$684K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.144	−0.007%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.145	+0.002%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.155	+0.092%	$894K	$5.4M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.149	+0.034%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.143	−0.012%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0601%	1h	11.160	+0.137%	$43.5M	$42.4M	10x	as long as short