Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.030%

Price spread now: HTX against gTrade (Gains Network)+0.180%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.180% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AVAX/USD	10.900	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	9m 08s	$23K	—	150x
Short	HTX AVAX-USDT	10.919	0.0100	get 0.0100% / 8h	6h 09m	$328K	$947K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.180%Rate

Funding earned: $20.66
Price spread: +0.180% → 0.000%: $17.98
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $16.64
Costs to cover: 0.220%
Break-even: 1.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; HTX: live order book, 42 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 HTX live order book, 42 min ago	20.53 bp	26.6 bp −$27	80.0 bp −$800	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 exchanges

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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.899	−0.006%	$3.8M	$11.4M	50x	as long as short
Variational Omni AVAX	−0.0132%	8h	10.893	−0.060%	$3.1M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0087%	8h	10.896	−0.033%	$14.5M	$28.5M	75x	as long as short
Bybit AVAXUSDT	−0.0024%	8h	10.891	−0.079%	$85.0M	$133.4M	75x	as long as short
Phemex AVAXUSDT	−0.0013%	8h	10.893	−0.061%	$29.0M	$5.6M	50x	as long as short
Nado AVAX-PERP	−0.0003%	1h	10.896	−0.028%	$277K	$305K	10x	as long as short
SoDEX AVAX-USD	−0.0001%	1h	10.893	−0.061%	$19K	$68K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.902	+0.023%	$93K	$110K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.896	−0.033%	$5.0M	$6.5M	25x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0002%	1h	10.900	long leg	$23K	—	150x

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.281%	$17K	$151K	12x	as long as short
Lighter AVAX	+0.0096%	1h	10.896	−0.033%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.900	+0.004%	$20K	$440K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.893	−0.057%	$12K	$62	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.896	−0.033%	$2.2M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.899	−0.008%	$274K	$122K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.895	−0.042%	$115.2M	$377.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.892	−0.070%	$19.4M	$104.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.894	−0.051%	$52.8M	$73.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.897	−0.024%	$14.3M	$19.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.891	−0.079%	$33.1M	$44.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.894	−0.051%	—	$52.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.897	−0.024%	$440K	$528K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.905	+0.050%	$349K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.902	+0.022%	$175K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.898	−0.015%	$138K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.903	+0.031%	$236K	$218K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.926	+0.239%	$12K	$775K	20x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.919	+0.180%	$328K	$947K	75x
Extended AVAX-USD	+0.0104%	1h	10.888	−0.107%	$619K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.890	−0.086%	$250K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	10.927	+0.251%	$864K	$5.2M	50x	as long as short
Hyperliquid AVAX	+0.0213%	1h	10.912	+0.114%	$36.2M	$38.0M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.898	−0.015%	$4.8M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.892	−0.070%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.896	−0.033%	$230K	—	120x	as long as short