Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%

Price spread now: MEXC against HTX+0.014%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1041.041% of the position

Long on HTX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.014%, 7d avg +0.022%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	10.725	0.0100	pay 0.0100% / 8h	2h 01m	$343K	$879K	75x
Short	MEXC AVAX_USDT	10.726	0.0100	get 0.0100% / 8h	2h 01m	$45.5M	$81.2M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.022%: −$0.82
Slippage, 4 orders: −$92.1
Fee HTX: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$104.93
Costs to cover: 1.041%
Break-even: never at this rate

Slippage from HTX: live order book, 52 min ago; MEXC: live order book, 2 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, 52 min ago	24.18 bp	55.3 bp −$55	162.5 bp −$1,625	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.47 bp	1.7 bp −$2	4.1 bp −$41	35.3 bp −$3,528	98.3 bp −$49.2K

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	−0.1423%	1h	10.760	+0.331%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.728	+0.031%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0103%	1h	10.713	−0.103%	$287K	$340K	10x	as long as short
Variational Omni AVAX	−0.0030%	8h	10.729	+0.038%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.718	−0.062%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.724	−0.005%	$4.8M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.722	−0.027%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0040%	8h	10.724	−0.005%	$12.6M	$33.3M	75x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.722	−0.023%	$82.2M	$149.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.723	−0.019%	$1.2M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.721	−0.033%	$18K	$432K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0097%	8h	10.715	−0.091%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.736	+0.107%	$37.6M	$44.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.726	+0.011%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.720	−0.042%	$268K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.724	−0.003%	$114.4M	$432.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.718	−0.061%	$18.8M	$114.3M	50x	as long as short
MEXC AVAX_USDTshort	+0.0100%	8h	10.726	+0.014%	$45.5M	$81.2M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	10.724	−0.005%	$13.3M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.726	+0.014%	$32.5M	$49.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.724	−0.005%	—	$54.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.728	+0.033%	$428K	$589K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.721	−0.033%	$335K	$999K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.743	+0.173%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.722	−0.023%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.727	+0.023%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.744	+0.182%	$11K	$767K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.724	−0.005%	$18K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	10.725	long leg	$343K	$879K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.727	+0.023%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.721	−0.030%	$615K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.718	−0.063%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.738	+0.126%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.727	+0.023%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.719	−0.056%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.721	−0.032%	$227K	—	120x	as long as short