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 0.000%

Price spread now: SunX against KuCoin+0.323%7-day average +0.267% · you sell dearer than you buy

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$187as in the Price arb table

costs, in and out, $10k−$1931.928% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.533%−$53 · spread now +0.323%, 7d avg +0.267%

Together, before fees−0.433%−$43 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: SunX is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.267%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.811	0.0100	pay 0.0100% / 8h	6h 53m	$13.6M	$19.7M	75x
Short	SunX AVAX-USDT	10.846	0.0100	get 0.0100% / 8h	6h 53m	$12K	$777K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.323%Rate

Funding earned: $0
Price spread: +0.323% → +0.267%: $5.55
Slippage, 4 orders: −$172.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$187.2
Costs to cover: 1.928%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 48 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	0.46 bp	16.4 bp −$16	43.1 bp −$431	doesn't fit	doesn't fit
Sell SunX live order book, 48 min ago	41.91 bp	102.6 bp −$103	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
Kraken Futures PF_AVAXUSD	−0.0186%	1h	10.818	+0.062%	$3.7M	$11.5M	50x	as long as short
Variational Omni AVAX	−0.0101%	8h	10.862	+0.475%	$3.0M	$2.1M	—	as long as short
SoDEX AVAX-USD	−0.0051%	1h	10.808	−0.028%	$18K	$68K	10x	as long as short
Phemex AVAXUSDT	−0.0022%	8h	10.813	+0.018%	$28.8M	$5.6M	50x	as long as short
Gate AVAX_USDT	−0.0010%	8h	10.810	−0.009%	$14.1M	$28.1M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.811	−0.001%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.812	+0.009%	$4.9M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.897	+0.795%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.472%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	+0.0077%	1h	10.812	+0.009%	$272K	$309K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit AVAXUSDT	+0.0080%	8h	10.793	−0.166%	$84.0M	$135.6M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.806	−0.048%	$12K	$62	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.814	+0.026%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.819	+0.074%	$22K	$457K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.826	+0.139%	$35.8M	$39.5M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.809	−0.018%	$2.2M	$1.4M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.811	−0.001%	$272K	$126K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.805	−0.052%	$113.7M	$387.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.790	−0.194%	$19.1M	$105.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.815	+0.037%	$53.7M	$72.4M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.811	long leg	$13.6M	$19.7M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.791	−0.185%	$32.8M	$45.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.802	−0.083%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.818	+0.065%	$437K	$529K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.881	+0.644%	$346K	$1.3M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.887	+0.703%	$175K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.812	+0.009%	$136K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.815	+0.037%	$234K	$220K	20x	as long as short
SunX AVAX-USDTshort	+0.0100%	8h	10.846	+0.323%	$12K	$777K	20x
HTX AVAX-USDT	+0.0100%	8h	10.806	−0.047%	$321K	$943K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.806	−0.048%	$615K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.809	−0.020%	$248K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	10.826	+0.139%	$852K	$5.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.834	+0.213%	$4.7M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.809	−0.020%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.840	+0.272%	$229K	—	120x	as long as short