Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against HTX+0.118%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on HTX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.021%−$2 · spread now +0.118%, 7d avg +0.022%

Together, before fees−0.021%+ Points / potential airdropPacifica: Active · farm board−$2 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: Pacifica is 0.096% dearer against HTX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	11.286	0.0100	pay 0.0100% / 8h	1h 20m	$365K	$1.1M	75x
Short	Pacifica AVAX	11.299	0.0100	get 0.0013% / 1h	20m 45s	$300K	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.118%Rate

Funding earned: $0
Price spread: +0.118% → +0.022%: $9.6
Slippage, 4 orders: −$89.09
Fee HTX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$99.49
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Pacifica: live order book, 63 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, 3 min ago	35.58 bp	41.6 bp −$42	109.7 bp −$1,097	doesn't fit	doesn't fit
Sell Pacifica live order book, 63 min ago	7.51 bp	14.2 bp −$14	doesn't fit	doesn't fit	doesn't fit

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	−0.315%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0104%	1h	11.285	−0.004%	$5.4M	$9.2M	25x	as long as short
Nado AVAX-PERP	−0.0038%	1h	11.280	−0.053%	$298K	$895K	10x	as long as short
Variational Omni AVAX	−0.0005%	8h	11.249	−0.323%	$3.0M	$2.4M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	11.285	−0.004%	$104K	$112K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.284	−0.013%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.280	−0.048%	$1.3M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.279	−0.058%	$17K	$689K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.286	+0.003%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.285	−0.003%	$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 AVAXshort	+0.0100%	1h	11.299	+0.118%	$300K	$120K	10x
Binance AVAXUSDT	+0.0100%	8h	11.276	−0.084%	$120.6M	$525.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.282	−0.031%	$89.3M	$157.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.279	−0.058%	$20.3M	$146.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.281	−0.040%	$12.4M	$40.5M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.279	−0.058%	$52.2M	$100.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.285	−0.004%	$16.1M	$24.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.279	−0.058%	$34.2M	$60.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.278	−0.066%	—	$89.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.281	−0.040%	$361K	$570K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.247	−0.338%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.248	−0.332%	$181K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.280	−0.049%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.293	+0.066%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.309	+0.206%	$12K	$732K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.287	+0.013%	$19K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	11.286	long leg	$365K	$1.1M	75x
Phemex AVAXUSDT	+0.0100%	8h	11.282	−0.031%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.276	−0.082%	$672K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.284	−0.018%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.261	−0.217%	$910K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.288	+0.022%	$5.1M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.278	−0.066%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0406% / S −0.0252%	1h	11.284	−0.018%	$238K	—	120x	as long as short
Kraken Futures PF_AVAXUSD	+0.0626%	1h	11.292	+0.059%	$4.6M	$13.5M	50x	as long as short
Hyperliquid AVAX	+0.0627%	1h	11.297	+0.102%	$43.7M	$56.8M	10x	as long as short