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 0.000%

Price spread now: MEXC against Binance−0.014%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$140.140% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.021%+$2 · spread now −0.014%, 7d avg +0.001%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	10.753	0.0100	pay 0.0100% / 8h	1h 20m	$114.4M	$423.5M	75x
Short	MEXC AVAX_USDT	10.751	0.0100	get 0.0100% / 8h	1h 20m	$45.6M	$80.9M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → +0.001%: −$1.48
Slippage, 4 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$15.48
Costs to cover: 0.140%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; MEXC: 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 Binance live order book, 8 min ago	0.47 bp	5.7 bp −$6	14.1 bp −$141	40.9 bp −$4,094	145.7 bp −$72.9K
Sell MEXC live order book, 3 min ago	0.47 bp	2.0 bp −$2	3.6 bp −$36	36.5 bp −$3,653	97.3 bp −$48.7K

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
Nado AVAX-PERP	−0.0194%	1h	10.736	−0.154%	$282K	$341K	10x	as long as short
Variational Omni AVAX	−0.0056%	8h	10.732	−0.194%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.749	−0.037%	$92K	$119K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.742	−0.098%	$4.8M	$7.1M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.745	−0.065%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.069%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0034%	8h	10.751	−0.014%	$12.9M	$32.3M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.753	+0.005%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0090%	8h	10.748	−0.042%	$81.8M	$146.0M	75x	as long as short
SoDEX AVAX-USD	+0.0092%	1h	10.742	−0.098%	$18K	$72K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.751	−0.013%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.756	+0.032%	$25K	$443K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.759	+0.060%	$37.4M	$43.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.751	−0.012%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.757	+0.037%	$270K	$129K	10x	as long as short
Binance AVAXUSDTlong	+0.0100%	8h	10.753	long leg	$114.4M	$423.5M	75x
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.748	−0.042%	$18.9M	$112.8M	50x	as long as short
MEXC AVAX_USDTshort	+0.0100%	8h	10.751	−0.014%	$45.6M	$80.9M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	10.750	−0.024%	$13.6M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.750	−0.024%	$32.5M	$48.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.751	−0.014%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.745	−0.070%	$438K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.744	−0.078%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.747	−0.051%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.739	−0.126%	$135K	$353K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.748	−0.042%	$231K	$275K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.772	+0.180%	$12K	$766K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.749	−0.037%	$338K	$904K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.741	−0.107%	$28.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.747	−0.052%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.738	−0.131%	$247K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.748	−0.039%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.759	+0.060%	$855K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.743	−0.089%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.740	−0.119%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.745	−0.066%	$227K	—	120x	as long as short