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+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: Aster against Bybit+0.118%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.070%+$7 on $10k
Price spread, last 7 days−0.187%−$19 · spread now +0.118%, 7d avg −0.003%
Together, before fees−0.117%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Aster is 0.120% dearer against Bybit than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AVAXUSDT10.6890.0089pay 0.0089% / 8h1h 04m$81.6M$144.8M75x
ShortAster AVAXUSDT10.7020.0100get 0.0100% / 8h1h 04m$2.2M$1.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$2.23
Price spread: +0.118% → −0.003%
$12.05
Slippage, 4 orders
−$13.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$18.46
Costs to cover
0.327%
Break-even
64.9 days
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 3 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 Bybit live order book, 4 min ago0.47 bp8.5 bp −$916.6 bp −$16641.7 bp −$4,167doesn't fit
Sell Aster live order book, 3 min ago2.33 bp8.3 bp −$819.9 bp −$199doesn't fitdoesn't fit

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
Nado AVAX-PERP−0.0196%1h10.702+0.122%$281K$337K10xas long as short
Variational Omni AVAX−0.0062%8h10.713+0.221%$2.9M$2.2Mas long as short
Deribit AVAX_USDC-PERPETUAL−0.0030%1h10.700+0.103%$4.8M$7.0M25xas long as short
dYdX AVAX-USD0.0000%1h10.709+0.188%$91K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.706+0.159%$12K150xas long as short
Gate AVAX_USDT+0.0016%8h10.696+0.065%$12.9M$32.5M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.664%$17K$152K12xas long as short
SoDEX AVAX-USD+0.0083%1h10.699+0.094%$18K$72K10xas long as short
Paradex AVAX-USD-PERP+0.0086%8h10.709+0.183%$12K$21220xas long as short
Bybit AVAXUSDTlong+0.0089%8h10.689long leg$81.6M$144.8M75x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.694+0.042%$1.2M$2.5M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.700+0.103%$25K$475K50xas long as short
Hyperliquid AVAX+0.0100%1h10.701+0.112%$37.1M$43.5M10xas long as short
Aster AVAXUSDTshort+0.0100%8h10.702+0.118%$2.2M$1.0M75x
Pacifica AVAX+0.0100%1h10.715+0.239%$269K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.694+0.047%$113.2M$420.5M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.6890.000%$18.8M$111.4M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.695+0.056%$45.1M$81.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.696+0.065%$13.7M$22.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.691+0.019%$32.3M$48.3M75xas long as short
BingX AVAX-USDC+0.0100%8h10.693+0.037%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.699+0.094%$436K$561K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.728+0.366%$339K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.728+0.365%$173K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.705+0.150%$135K$349K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.709+0.187%$231K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.734+0.425%$11K$769K20xas long as short
HTX AVAX-USDT+0.0100%8h10.698+0.089%$326K$896K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.702+0.122%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.690+0.014%$609K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.702+0.122%$246K3xas long as short
Kraken Futures PF_AVAXUSD+0.0113%1h10.700+0.103%$3.8M$12.1M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.729+0.374%$853K$5.1M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.695+0.056%$4.6M$5.6M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.701+0.115%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.707+0.164%$226K120xas long as short