Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%

Price spread now: BingX against dYdX−0.017%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$189as in the Funding arb table

Net, price: spread back to 7d avg − costs−$207as in the Price arb table

costs, in and out, $10k−$2062.057% of the position

Long on dYdX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	10.685	0	get 0.0000% / 1h	46m 36s	$89K	$117K	10x
Short	BingX AVAX-USDT	10.683	0.0100	get 0.0100% / 8h	1h 46m	—	$54.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against dYdX. 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 dYdXbpFee BingXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $21
Price spread: −0.017% → 0.000%: −$1.74
Slippage, 4 orders: −$185.67
Fee dYdX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$186.41
Costs to cover: 2.057%
Break-even: 69.1 days

Slippage from dYdX: live order book, 62 min ago; BingX: live order book, 7 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 dYdX live order book, 62 min ago	92.37 bp	97.4 bp −$97	97.4 bp −$974	248.6 bp −$24.9K	516.1 bp −$258.0K
Sell BingX live order book, 7 min ago	0.47 bp	5.5 bp −$5	6.6 bp −$66	10.5 bp −$1,046	22.0 bp −$11.0K

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	−0.0192%	1h	10.691	+0.062%	$286K	$338K	10x	as long as short
Variational Omni AVAX	−0.0038%	8h	10.723	+0.354%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USDlong	0.0000%	1h	10.685	long leg	$89K	$117K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.688	+0.029%	$4.8M	$7.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.689	+0.041%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0033%	8h	10.684	−0.008%	$12.7M	$32.0M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.703%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0075%	1h	10.686	+0.011%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.686	+0.007%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0094%	8h	10.680	−0.046%	$81.4M	$147.2M	75x	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	10.682	−0.027%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.682	−0.027%	$23K	$427K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.690	+0.048%	$37.4M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.690	+0.050%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.686	+0.011%	$268K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.681	−0.036%	$113.6M	$427.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.679	−0.055%	$18.7M	$112.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.684	−0.008%	$44.6M	$80.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.683	−0.017%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.679	−0.055%	$32.3M	$48.9M	75x	as long as short
BingX AVAX-USDTshort	+0.0100%	8h	10.683	−0.017%	—	$54.5M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.684	−0.008%	$427K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.288%	$340K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.718	+0.310%	$173K	$664K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.682	−0.027%	$135K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.695	+0.095%	$230K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.715	+0.281%	$12K	$763K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.691	+0.062%	$342K	$873K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.690	+0.048%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.681	−0.040%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.688	+0.025%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.692	+0.067%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.734	+0.460%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.684	−0.008%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.677	−0.070%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.689	+0.043%	$226K	—	120x	as long as short