Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.020%
Price spread now: BingX against BloFin−0.027%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.198%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin AVAX-USDT11.1910.0220pay 0.0220% / 8h7h 04m$5.0M$6.1M100x
ShortBingX AVAX-USDT11.1880.0100get 0.0100% / 8h7h 04m$84.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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

Funding earned
−$25.2
Price spread: −0.027% → 0.000%
−$2.68
Slippage, 4 orders
−$6.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$55.98
Costs to cover
0.281%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.45 bp9.9 bp −$1014.8 bp −$14835.7 bp −$3,57573.9 bp −$37.0K
Sell BingX live order book, 4 min ago0.89 bp5.9 bp −$67.8 bp −$7811.9 bp −$1,18728.3 bp −$14.1K

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1363%1h11.150−0.366%$17K$151K12xas long as short
Nado AVAX-PERP−0.0070%1h11.189−0.018%$293K$680K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0018%1h11.190−0.009%$5.3M$8.4M25xas long as short
dYdX AVAX-USD0.0000%1h11.197+0.057%$103K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.191+0.004%$13K150xas long as short
Lighter AVAX+0.0096%1h11.192+0.012%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.187−0.036%$15K$605K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.196+0.049%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.194+0.028%$2.3M$1.5M75xas long as short
Pacifica AVAX+0.0100%1h11.194+0.030%$297K$107K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AVAXUSDT+0.0100%8h11.187−0.035%$119.5M$474.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.189−0.018%$89.0M$146.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.188−0.027%$20.0M$130.0M50xas long as short
Gate AVAX_USDT+0.0100%8h11.189−0.018%$12.2M$38.6M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.188−0.027%$50.9M$89.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.200+0.080%$15.3M$23.0M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.188−0.027%$34.0M$53.0M75xas long as short
BingX AVAX-USDTshort+0.0100%8h11.188−0.027%$84.1M
Backpack AVAX_USDC_PERP+0.0100%1h11.190−0.009%$358K$547K15xas long as short
Variational Omni AVAX+0.0100%8h11.188−0.023%$3.0M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.209+0.161%$353K$847K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.211+0.179%$180K$687K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.192+0.009%$131K$370K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.198+0.063%$197K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.220+0.259%$12K$719K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.193+0.018%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.192+0.007%$364K$942K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.192+0.009%$30.0M$5.1M50xas long as short
Extended AVAX-USD+0.0104%1h11.183−0.072%$671K$2.0M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.188−0.028%$257K3xas long as short
Kraken Futures PF_AVAXUSD+0.0215%1h11.193+0.014%$4.3M$12.5M50xas long as short
BloFin AVAX-USDTlong+0.0220%8h11.191long leg$5.0M$6.1M100x
Reya AVAXRUSDPERP+0.0244%1h11.188−0.028%$1K20xas long as short
Coinbase International AVAX-PERP-INTX+0.0304%1h11.199+0.071%$910K$6.4M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0297%1h11.190−0.009%$237K120xas long as short
Hyperliquid AVAX+0.0665%1h11.215+0.214%$43.8M$48.9M10xas long as short