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 +0.008%

Price spread now: Paradex against Binance+0.123%58s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.123% dearer against Binance than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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	Binance AVAXUSDT	11.125	0.0100	pay 0.0100% / 8h	7h 01m	$118.6M	$474.0M	75x
Short	Paradex AVAX-USD-PERP	11.139	0.0100	get 0.0100% / 8h	7h 01m	$13K	$434	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.123%Rate

Funding earned: −$0.01
Price spread: +0.123% → 0.000%: $12.31
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$1.7
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 12 min ago; Paradex: 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 Binance live order book, 12 min ago	0.45 bp	5.7 bp −$6	12.0 bp −$120	37.9 bp −$3,786	126.4 bp −$63.2K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.1363%	1h	11.100	−0.225%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.127	+0.018%	$5.2M	$8.4M	25x	as long as short
Nado AVAX-PERP	−0.0071%	1h	11.128	+0.031%	$292K	$630K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.157	+0.289%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.136	+0.102%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.127	+0.013%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.136	+0.099%	$15K	$601K	50x	as long as short
Paradex AVAX-USD-PERPshort	+0.0100%	8h	11.139	+0.123%	$13K	$434	20x
Aster AVAXUSDT	+0.0100%	8h	11.130	+0.044%	$2.3M	$1.4M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.155	+0.271%	$296K	$107K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDTlong	+0.0100%	8h	11.125	long leg	$118.6M	$474.0M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.121	−0.036%	$88.5M	$146.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.117	−0.072%	$19.9M	$129.0M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.123	−0.018%	$12.1M	$38.6M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.123	−0.018%	$49.6M	$89.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.126	+0.009%	$15.3M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.122	−0.027%	$33.8M	$53.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.121	−0.036%	—	$83.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.127	+0.018%	$356K	$550K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.188	+0.570%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.191	+0.593%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.191	+0.593%	$180K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.136	+0.099%	$131K	$370K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.140	+0.135%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.166	+0.367%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.127	+0.018%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.120	−0.041%	$362K	$943K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.130	+0.045%	$29.8M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.118	−0.063%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.129	+0.038%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.131	+0.053%	$4.3M	$12.4M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.155	+0.270%	$5.0M	$6.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.134	+0.078%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.137	+0.108%	$900K	$6.3M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0297%	1h	11.136	+0.100%	$235K	—	120x	as long as short
Hyperliquid AVAX	+0.0655%	1h	11.142	+0.153%	$43.5M	$49.0M	10x	as long as short