Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%

Price spread now: Gate against HTX−0.039%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1131.128% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.039%, 7d avg +0.007%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.046% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	11.266	0.0100	pay 0.0100% / 8h	1h 18m	$364K	$1.1M	75x
Short	Gate AVAX_USDT	11.262	0.0100	get 0.0100% / 8h	1h 18m	$12.4M	$40.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now −0.039%Rate

Funding earned: $0
Price spread: −0.039% → +0.007%: −$4.61
Slippage, 4 orders: −$85.76
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$117.37
Costs to cover: 1.128%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Gate: live order book, 5 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 HTX live order book, 5 min ago	35.58 bp	41.6 bp −$42	109.7 bp −$1,097	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	0.44 bp	15.6 bp −$16	23.3 bp −$233	40.9 bp −$4,094	69.1 bp −$34.6K

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	−0.0570%	1h	11.250	−0.146%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0105%	1h	11.270	+0.032%	$5.4M	$9.2M	25x	as long as short
Nado AVAX-PERP	−0.0038%	1h	11.277	+0.099%	$297K	$895K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.267	+0.004%	$104K	$112K	10x	as long as short
Variational Omni AVAX	+0.0001%	8h	11.275	+0.077%	$3.0M	$2.4M	—	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.279	+0.110%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.264	−0.020%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.262	−0.039%	$18K	$683K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.263	−0.034%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.265	−0.011%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.267	+0.003%	$299K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.264	−0.021%	$120.5M	$525.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.263	−0.030%	$89.2M	$157.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.265	−0.012%	$20.3M	$146.5M	50x	as long as short
Gate AVAX_USDTshort	+0.0100%	8h	11.262	−0.039%	$12.4M	$40.6M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.264	−0.021%	$52.1M	$100.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.267	+0.005%	$16.1M	$24.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.260	−0.057%	$34.2M	$60.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.263	−0.030%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.273	+0.059%	$361K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.279	+0.112%	$360K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.290	+0.209%	$181K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.282	+0.138%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.281	+0.130%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.308	+0.367%	$12K	$732K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.271	+0.041%	$19K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	11.266	long leg	$364K	$1.1M	75x
Phemex AVAXUSDT	+0.0100%	8h	11.272	+0.050%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.261	−0.045%	$672K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.273	+0.060%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.295	+0.254%	$912K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.270	+0.032%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.278	+0.099%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0407% / S −0.0253%	1h	11.278	+0.106%	$238K	—	120x	as long as short
Hyperliquid AVAX	+0.0624%	1h	11.279	+0.112%	$43.6M	$56.8M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0627%	1h	11.280	+0.120%	$4.6M	$13.5M	50x	as long as short