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 −0.010%

Price spread now: OKX against KuCoin−0.037%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days+0.023%+$2 · spread now −0.037%, 7d avg −0.023%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.924	0.0100	pay 0.0100% / 8h	6h 14m	$14.4M	$19.8M	75x
Short	OKX AVAX-USDT-SWAP	10.920	0.0100	get 0.0100% / 8h	6h 14m	$19.5M	$105.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → −0.023%: −$1.35
Slippage, 4 orders: −$25.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$49.19
Costs to cover: 0.478%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: 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 KuCoin live order book, 2 min ago	0.46 bp	15.1 bp −$15	30.9 bp −$309	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.46 bp	7.5 bp −$8	17.0 bp −$170	52.3 bp −$5,225	doesn't fit

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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.925	+0.011%	$3.8M	$11.5M	50x	as long as short
Variational Omni AVAX	−0.0130%	8h	10.917	−0.063%	$3.1M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0079%	8h	10.921	−0.027%	$14.5M	$28.5M	75x	as long as short
Phemex AVAXUSDT	−0.0026%	8h	10.919	−0.046%	$29.1M	$5.5M	50x	as long as short
SoDEX AVAX-USD	−0.0018%	1h	10.920	−0.037%	$19K	$68K	10x	as long as short
Bybit AVAXUSDT	−0.0015%	8h	10.917	−0.064%	$85.2M	$133.7M	75x	as long as short
Nado AVAX-PERP	−0.0007%	1h	10.921	−0.027%	$277K	$307K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.928	+0.034%	$93K	$110K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.925	+0.009%	$5.0M	$6.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.926	+0.017%	$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	−1.501%	$17K	$151K	12x	as long as short
Lighter AVAX	+0.0096%	1h	10.922	−0.016%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.930	+0.055%	$20K	$442K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.924	−0.003%	$12K	$62	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.927	+0.031%	$2.3M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.928	+0.033%	$275K	$122K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.922	−0.018%	$115.4M	$380.4M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	10.920	−0.037%	$19.5M	$105.3M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.920	−0.037%	$53.0M	$73.0M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.924	long leg	$14.4M	$19.8M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.926	+0.018%	$33.2M	$44.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.918	−0.055%	—	$52.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.924	0.000%	$441K	$535K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.922	−0.014%	$351K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.929	+0.046%	$176K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.929	+0.046%	$138K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.928	+0.037%	$236K	$218K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.960	+0.327%	$12K	$777K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.962	+0.350%	$330K	$949K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.915	−0.081%	$619K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.916	−0.069%	$251K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	10.932	+0.073%	$864K	$5.2M	50x	as long as short
Hyperliquid AVAX	+0.0209%	1h	10.936	+0.107%	$36.3M	$39.0M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.918	−0.055%	$4.8M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.923	−0.007%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.926	+0.022%	$231K	—	120x	as long as short