Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.014%

Price spread now: Aevo against Binance−0.021%48s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$763as 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−$7697.689% of the position

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 4 days (all we have)−0.473%−$47 · spread now −0.021%, 7d avg −0.019%

Together, before fees−0.412%−$41 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	11.149	0.0100	pay 0.0100% / 8h	5h 07m	$119.2M	$430.6M	75x
Short	Aevo AVAX-PERP	11.147	0.0104	get 0.0013% / 1h	7m 37s	$256K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.021%Rate

Funding earned: $0.84
Price spread: −0.021% → −0.019%: −$0.15
Slippage, 4 orders: −$742.95
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$768.25
Costs to cover: 7.689%
Break-even: 6409.1 days

Slippage from Binance: live order book, 6 min ago; Aevo: live order book, 56 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 Binance live order book, 6 min ago	0.45 bp	7.3 bp −$7	12.1 bp −$121	36.3 bp −$3,628	143.8 bp −$71.9K
Sell Aevo live order book, 56 min ago	178.64 bp	388.0 bp −$388	doesn't fit	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	−0.1374%	1h	11.120	−0.263%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.153	+0.033%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0066%	1h	11.150	+0.006%	$287K	$397K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.155	+0.049%	$103K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.155	+0.052%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.158	+0.078%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.150	+0.003%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.149	−0.003%	$16K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.149	+0.001%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.151	+0.015%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.154	+0.040%	$291K	$114K	10x	as long as short
Binance AVAXUSDTlong	+0.0100%	8h	11.149	long leg	$119.2M	$430.6M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.145	−0.039%	$88.5M	$137.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.147	−0.021%	$20.4M	$116.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.149	−0.003%	$12.2M	$35.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.150	+0.006%	$48.9M	$79.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.152	+0.024%	$15.8M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.144	−0.048%	$33.5M	$48.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.149	−0.003%	—	$81.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.154	+0.042%	$330K	$523K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.144	−0.045%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.149	−0.003%	$354K	$822K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.148	−0.012%	$179K	$674K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.149	−0.003%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.162	+0.114%	$196K	$312K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.180	+0.277%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.155	+0.051%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.152	+0.027%	$366K	$866K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.157	+0.069%	$29.8M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.146	−0.030%	$684K	$1.5M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	11.147	−0.021%	$256K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	11.139	−0.093%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.155	+0.051%	$894K	$5.4M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.144	−0.052%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.155	+0.051%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0595%	1h	11.169	+0.177%	$43.6M	$42.4M	10x	as long as short