Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%

Price spread now: Binance against KuCoin−0.024%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$5 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.024%, 7d avg +0.001%

Together, before fees+0.078%+$8 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: Binance is 0.025% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.856	0.0100	pay 0.0100% / 8h	5h 46m	$14.2M	$18.9M	75x
Short	Binance AVAXUSDT	10.853	0.0100	get 0.0100% / 8h	5h 46m	$114.1M	$372.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.024%Rate

Funding earned: $0
Price spread: −0.024% → +0.001%: −$2.55
Slippage, 4 orders: −$26.79
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$51.33
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: 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 KuCoin live order book, 5 min ago	0.92 bp	16.0 bp −$16	33.0 bp −$330	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.46 bp	6.9 bp −$7	12.4 bp −$124	49.2 bp −$4,917	130.8 bp −$65.4K

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
Variational Omni AVAX	−0.0145%	8h	10.831	−0.233%	$3.0M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0117%	8h	10.853	−0.028%	$14.5M	$26.7M	75x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.853	−0.025%	$3.7M	$10.9M	50x	as long as short
Bybit AVAXUSDT	−0.0054%	8h	10.851	−0.046%	$84.6M	$131.3M	75x	as long as short
SoDEX AVAX-USD	−0.0053%	1h	10.851	−0.046%	$18K	$67K	10x	as long as short
Nado AVAX-PERP	−0.0019%	1h	10.854	−0.018%	$276K	$299K	10x	as long as short
Phemex AVAXUSDT	−0.0014%	8h	10.850	−0.055%	$28.9M	$5.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.853	−0.026%	$92K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.851	−0.046%	$5.0M	$6.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.854	−0.015%	$23K	—	150x	as long as short

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	−0.884%	$17K	$151K	12x	as long as short
OKX AVAX-USDT-SWAP	+0.0090%	8h	10.851	−0.046%	$19.3M	$101.6M	50x	as long as short
Lighter AVAX	+0.0096%	1h	10.855	−0.009%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.853	−0.028%	$23K	$438K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.851	−0.050%	$12K	$62	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.866	+0.092%	$36.2M	$37.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.855	−0.005%	$2.2M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.861	+0.045%	$273K	$105K	10x	as long as short
Binance AVAXUSDTshort	+0.0100%	8h	10.853	−0.024%	$114.1M	$372.6M	75x
MEXC AVAX_USDT	+0.0100%	8h	10.854	−0.018%	$52.4M	$69.4M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.856	long leg	$14.2M	$18.9M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.853	−0.028%	$33.1M	$43.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.855	−0.009%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.856	0.000%	$438K	$521K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.840	−0.147%	$344K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.845	−0.101%	$174K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.854	−0.018%	$137K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.857	+0.009%	$235K	$218K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.878	+0.199%	$12K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.848	−0.078%	$325K	$922K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.848	−0.070%	$617K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.845	−0.106%	$249K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.860	+0.037%	$860K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.845	−0.101%	$4.8M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.850	−0.057%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0445% / S −0.0296%	1h	10.851	−0.049%	$230K	—	120x	as long as short