Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.016%

Price spread now: Gate against Extended+0.075%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days−0.024%−$2 · spread now +0.075%, 7d avg +0.069%

Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.069%, 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	Extended AVAX-USD	10.673	0.0104	pay 0.0013% / 1h	3m 15s	$609K	$1.4M	25x
Short	Gate AVAX_USDT	10.681	0.0015	get 0.0015% / 8h	1h 03m	$12.9M	$32.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.075%Rate

Funding earned: −$18.69
Price spread: +0.075% → +0.069%: $0.67
Slippage, 4 orders: −$20.35
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.36
Costs to cover: 0.403%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Gate: live order book, 6 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	1.87 bp	5.9 bp −$6	7.9 bp −$79	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	0.93 bp	13.6 bp −$14	19.6 bp −$196	38.7 bp −$3,866	67.6 bp −$33.8K

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	−0.0194%	1h	10.675	+0.019%	$280K	$337K	10x	as long as short
Variational Omni AVAX	−0.0062%	8h	10.713	+0.372%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.678	+0.047%	$4.8M	$6.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.686	+0.126%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.679	+0.056%	$12K	—	150x	as long as short
Gate AVAX_USDTshort	+0.0015%	8h	10.681	+0.075%	$12.9M	$32.5M	75x
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.816%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0074%	1h	10.677	+0.038%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0084%	8h	10.680	+0.063%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0087%	8h	10.674	+0.010%	$81.5M	$144.1M	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	10.678	+0.043%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.681	+0.075%	$25K	$474K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.685	+0.113%	$37.1M	$43.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.685	+0.116%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.689	+0.147%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.678	+0.044%	$113.0M	$419.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.672	−0.009%	$18.8M	$111.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.679	+0.057%	$45.3M	$81.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.678	+0.047%	$13.6M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.677	+0.038%	$32.3M	$48.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.674	+0.010%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.677	+0.038%	$435K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.703	+0.283%	$339K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.702	+0.272%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.682	+0.085%	$134K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.685	+0.113%	$230K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.703	+0.281%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.678	+0.043%	$325K	$886K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.681	+0.075%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.673	long leg	$609K	$1.4M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.676	+0.030%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.678	+0.045%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.729	+0.525%	$853K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.675	+0.019%	$4.6M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.672	−0.006%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.678	+0.046%	$225K	—	120x	as long as short