Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Polymarket Perps against KuCoin+0.131%7-day average +0.035% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.131%, 7d avg +0.035%

Together, before fees+0.140%+$14 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: Polymarket Perps is 0.096% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.701	0.0100	pay 0.0100% / 8h	1h 52m	$13.6M	$23.0M	75x
Short	Polymarket Perps AVAX-USD	10.715	0.0100	get 0.0013% / 1h	52m 06s	$136K	$354K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.131%Rate

Funding earned: $0
Price spread: +0.131% → +0.035%: $9.61
Slippage, 4 orders: −$30.23
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$40.62
Costs to cover: 0.502%
Break-even: never at this rate

Slippage from KuCoin: live order book, 7 min ago; Polymarket Perps: live order book, 55 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, 7 min ago	0.47 bp	17.4 bp −$17	26.9 bp −$269	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 55 min ago	2.84 bp	8.2 bp −$8	9.9 bp −$99	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
Nado AVAX-PERP	−0.0203%	1h	10.711	+0.093%	$287K	$339K	10x	as long as short
Variational Omni AVAX	−0.0033%	8h	10.709	+0.071%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.720	+0.175%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.715	+0.131%	$4.8M	$7.3M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.717	+0.153%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0032%	8h	10.711	+0.093%	$12.7M	$32.0M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.551%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0087%	1h	10.709	+0.075%	$18K	$72K	10x	as long as short
Bybit AVAXUSDT	+0.0091%	8h	10.702	+0.009%	$81.7M	$147.5M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.721	+0.188%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.711	+0.093%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.713	+0.112%	$23K	$436K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.711	+0.093%	$37.5M	$43.9M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.704	+0.028%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.725	+0.223%	$269K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.705	+0.037%	$113.8M	$429.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.703	+0.019%	$18.7M	$113.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.700	−0.009%	$45.1M	$80.2M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.701	long leg	$13.6M	$23.0M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.701	0.000%	$32.5M	$49.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.701	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.707	+0.056%	$428K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.712	+0.103%	$347K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.720	+0.178%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.715	+0.131%	$136K	$354K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.723	+0.206%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.750	+0.458%	$12K	$764K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.709	+0.070%	$344K	$876K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.709	+0.075%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.709	+0.071%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.713	+0.112%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.712	+0.105%	$4.2M	$11.4M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.736	+0.327%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.714	+0.121%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.709	+0.078%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.717	+0.152%	$227K	—	120x	as long as short