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 +0.005%

Price spread now: KuCoin against BingX0.000%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 7 days+0.015%+$2 · spread now 0.000%, 7d avg +0.019%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AVAX-USDC	10.717	0.0100	pay 0.0100% / 8h	4m 42s	—	$6.5M	—
Short	KuCoin AVAXUSDTM	10.717	0.0100	get 0.0100% / 8h	4m 42s	$13.8M	$21.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.019%: −$1.9
Slippage, 4 orders: −$27.88
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$51.78
Costs to cover: 0.499%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; KuCoin: live order book, 4 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 BingX live order book, 1 min ago	0.93 bp	9.9 bp −$10	22.5 bp −$225	81.4 bp −$8,139	457.4 bp −$228.7K
Sell KuCoin live order book, 4 min ago	0.93 bp	13.3 bp −$13	27.1 bp −$271	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
Nado AVAX-PERP	−0.0206%	1h	10.713	−0.037%	$289K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.720	+0.027%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.707	−0.093%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.713	−0.042%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.721	+0.037%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.719	+0.015%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.718	+0.009%	$13.3M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.401%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.713	−0.035%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.713	−0.040%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.713	−0.037%	$25K	$466K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.727	+0.093%	$36.8M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.717	0.000%	$2.2M	$888K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.719	+0.023%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.713	−0.041%	$113.4M	$403.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.708	−0.084%	$81.9M	$139.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.709	−0.075%	$18.8M	$107.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.712	−0.047%	$52.9M	$80.9M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	10.717	0.000%	$13.8M	$21.5M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.718	+0.009%	$32.8M	$46.4M	75x	as long as short
BingX AVAX-USDClong	+0.0100%	8h	10.717	long leg	—	$6.5M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.720	+0.028%	$436K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	−0.005%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.719	+0.019%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.716	−0.009%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.723	+0.056%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.739	+0.201%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.715	−0.019%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.713	−0.033%	$326K	$857K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.716	−0.009%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.714	−0.029%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.712	−0.051%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.713	−0.037%	$4.7M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.719	+0.019%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.712	−0.051%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.718	+0.010%	$226K	—	120x	as long as short