Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.021%

Price spread now: Aster against gTrade (Gains Network)−0.125%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.125% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.125% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 4.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AVAX/USD	11.191	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	3m 41s	$13K	—	150x
Short	Aster AVAXUSDT	11.177	0.0100	get 0.0100% / 8h	7h 03m	$2.3M	$1.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.125%Rate

Funding earned: $20.66
Price spread: −0.125% → 0.000%: −$12.49
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$9.83
Costs to cover: 0.180%
Break-even: 10.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 5 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	1.79 bp	8.1 bp −$8	18.1 bp −$181	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective AVAX/USDC PERP	−0.1363%	1h	11.150	−0.366%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0071%	1h	11.186	−0.045%	$293K	$680K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0018%	1h	11.185	−0.054%	$5.3M	$8.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.153	−0.344%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	11.191	long leg	$13K	—	150x
Lighter AVAX	+0.0096%	1h	11.156	−0.315%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.187	−0.036%	$15K	$605K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.150	−0.369%	$13K	$434	20x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.177	−0.125%	$2.3M	$1.5M	75x
Pacifica AVAX	+0.0100%	1h	11.159	−0.288%	$296K	$107K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.155	−0.322%	$119.2M	$474.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.155	−0.322%	$88.7M	$146.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.153	−0.340%	$19.9M	$129.5M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.176	−0.134%	$12.2M	$38.6M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.157	−0.304%	$50.2M	$89.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.152	−0.348%	$15.3M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.158	−0.295%	$33.9M	$53.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.164	−0.241%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.179	−0.107%	$357K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.188	−0.023%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.209	+0.161%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.211	+0.179%	$180K	$687K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.189	−0.018%	$131K	$370K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.194	+0.027%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.221	+0.268%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.187	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.194	+0.026%	$364K	$942K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.188	−0.027%	$30.0M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.167	−0.214%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.186	−0.045%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.190	−0.012%	$4.3M	$12.5M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.191	0.000%	$5.0M	$6.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.182	−0.084%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.202	+0.098%	$910K	$6.4M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0297%	1h	11.191	0.000%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0660%	1h	11.177	−0.125%	$43.7M	$49.0M	10x	as long as short