data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Funding arb /

AVAX

all AVAX markets
SwapPrice view
Alert
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC−0.0158%/8h
next payment, per $10,000−$0.20paid, last 24h−0.066%paid, last 7 days−0.140%to open and close $10k−$31
Long on HyperliquidShort on Backpack
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid AVAX11.0500.0152pay 0.0019% / 1h33m 51s$42.7M$64.5M10x
ShortBackpack AVAX_USDC_PERP11.034−0.0006pay 0.0001% / 1h33m 51s$316K$581K15x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$33.25
Slippage, 4 orders
−$11.81
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$64.05
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Backpack: live order book, 11 min ago.

Price risk

price view
Price gap now
−0.145%
Avg gap 7d
−0.026%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago0.90 bp7.1 bp −$713.8 bp −$138doesn't fitdoesn't fit
Sell Backpack live order book, 11 min ago0.45 bp8.4 bp −$835.2 bp −$352doesn't fitdoesn't fit

AVAX on 35 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit AVAX_USDC-PERPETUAL−0.0384%1h$5.2M$11.3M25xas long as short
Bybit AVAXUSDT−0.0335%8h$87.7M$166.1M75xas long as short
Variational Omni AVAX−0.0257%8h$2.9M$3.0M—as long as short
Gate AVAX_USDT−0.0105%8h$12.2M$45.0M75xas long as short
SoDEX AVAX-USD−0.0085%1h$19K$75K10xas long as short
Kraken Futures PF_AVAXUSD−0.0023%1h$4.4M$16.8M50xas long as short
OKX AVAX-USDT-SWAP−0.0013%8h$20.3M$165.3M50xas long as short
Backpack AVAX_USDC_PERPshort−0.0006%1h$316K$581K15x
Aster AVAXUSDT−0.0006%8h$2.3M$2.6M75xas long as short
Phemex AVAXUSDT−0.0005%8h$29.5M$4.9M50xas long as short
Show all 35 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
dYdX AVAX-USD0.0000%1h$63K$167K10xas long as short
Binance AVAXUSDT+0.0001%8h$119.9M$616.9M75xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h$12K—150xas long as short
MEXC AVAX_USDT+0.0003%8h$52.5M$145.6M200xas long as short
BloFin AVAX-USDT+0.0015%8h$5.1M$10.8M100xas long as short
ApeX Omni AVAXUSDT+0.0028%1h$139K$707K50xas long as short
Injective AVAX/USDC PERP+0.0033%1h$17K$79K12xas long as short
Polymarket Perps AVAX-USD+0.0056%1h$109K$521K10xas long as short
Paradex AVAX-USD-PERP+0.0064%8h$13K$2K20xas long as short
Bitget AVAXUSDT+0.0065%8h$34.1M$71.1M75xas long as short
BingX AVAX-USDT+0.0066%8h—$104.4M—as long as short
Nado AVAX-PERP+0.0079%1h$308K$1.3M10xas long as short
Aevo AVAX-PERP+0.0080%1h$253K—3xas long as short
Lighter AVAX+0.0096%1h$1.3M$3.2M10xas long as short
Popdex AVAXUSDT+0.0096%1h$16K$838K50xas long as short
Coinbase International AVAX-PERP-INTX+0.0096%1h$820K$9.9M50xas long as short
Pacifica AVAX+0.0100%1h$298K$136K10xas long as short
KuCoin AVAXUSDTM+0.0100%8h$14.5M$26.9M75xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h$194K$404K20xas long as short
SunX AVAX-USDT+0.0100%8h$12K$688K20xas long as short
HTX AVAX-USDT+0.0100%8h$354K$1.4M75xas long as short
Extended AVAX-USD+0.0104%1h$636K$2.3M25xas long as short
Hyperliquid AVAXlong+0.0152%1h$42.7M$64.5M10x
Reya AVAXRUSDPERP+0.0243%1h$1K—20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0402% / S −0.0235%1h$232K—120xas long as short