Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: Aevo against Extended+0.048%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$756as in the Funding arb table

Net, price: spread back to 7d avg − costs−$768as in the Price arb table

costs, in and out, $10k−$7697.686% of the position

Long on Extended Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 3 days (all we have)−0.064%−$6 · spread now +0.048%, 7d avg +0.044%

Together, before fees+0.058%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.130	0.0104	pay 0.0013% / 1h	53m 45s	$671K	$1.6M	25x
Short	Aevo AVAX-PERP	11.136	0.0104	get 0.0013% / 1h	53m 45s	$256K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Extended. 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 ExtendedbpFee AevobpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.044%: $0.41
Slippage, 4 orders: −$747.59
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$768.18
Costs to cover: 7.686%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Aevo: live order book, 10 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 Extended live order book, 5 min ago	2.24 bp	6.8 bp −$7	9.4 bp −$94	doesn't fit	doesn't fit
Sell Aevo live order book, 10 min ago	178.64 bp	388.0 bp −$388	doesn't fit	doesn't fit	doesn't fit

AVAX on 35 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	−0.1374%	1h	11.060	−0.632%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0075%	1h	11.120	−0.089%	$286K	$453K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.141	+0.096%	$5.2M	$8.0M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.115	−0.134%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.137	+0.062%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.141	+0.093%	$4.3M	$11.6M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.135	+0.038%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.123	−0.066%	$15K	$566K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.118	−0.110%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.135	+0.045%	$2.3M	$1.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.122	−0.074%	$290K	$113K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.137	+0.056%	$118.9M	$440.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.136	+0.051%	$88.4M	$139.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.136	+0.051%	$20.0M	$120.0M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.132	+0.015%	$12.1M	$34.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.133	+0.024%	$48.4M	$78.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.138	+0.069%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.138	+0.069%	$33.4M	$49.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.138	+0.069%	—	$82.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.136	+0.051%	$356K	$499K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.151	+0.182%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.099	−0.282%	$351K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.104	−0.237%	$178K	$680K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.132	+0.015%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.148	+0.159%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.148	+0.158%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.140	+0.087%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.131	+0.006%	$361K	$853K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.130	−0.003%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	11.130	long leg	$671K	$1.6M	25x
Aevo AVAX-PERPshort	+0.0104%	1h	11.136	+0.048%	$256K	—	3x
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.144	+0.123%	$904K	$5.6M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.130	−0.006%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0334%	1h	11.151	+0.186%	$43.4M	$43.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.137	+0.057%	$236K	—	120x	as long as short