Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: Aster against MEXC+0.049%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$200.197% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days−0.090%−$9 · spread now +0.049%, 7d avg −0.033%

Together, before fees−0.066%+ Points / potential airdropAster: Stage 5 · farm board−$7 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: Aster is 0.083% dearer against MEXC than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AVAX_USDT	11.142	0.0100	pay 0.0100% / 8h	5h 05m	$48.8M	$79.6M	200x
Short	Aster AVAXUSDT	11.147	0.0100	get 0.0100% / 8h	5h 05m	$2.3M	$1.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → −0.033%: $8.26
Slippage, 4 orders: −$11.69
Fee MEXC: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$11.44
Costs to cover: 0.197%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; Aster: live order book, 3 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 MEXC live order book, 3 min ago	0.45 bp	1.9 bp −$2	4.8 bp −$48	32.4 bp −$3,244	97.7 bp −$48.8K
Sell Aster live order book, 3 min ago	1.79 bp	8.3 bp −$8	17.8 bp −$178	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
Injective AVAX/USDC PERP	−0.1374%	1h	11.120	−0.197%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.141	−0.009%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0064%	1h	11.151	+0.081%	$287K	$397K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.139	−0.028%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.143	+0.010%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.151	+0.082%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.140	−0.018%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.147	+0.045%	$16K	$563K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.141	−0.012%	$13K	$434	20x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.147	+0.049%	$2.3M	$1.2M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.144	+0.020%	$291K	$114K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.139	−0.031%	$119.1M	$430.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.139	−0.027%	$88.4M	$137.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.143	+0.009%	$20.4M	$116.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.145	+0.027%	$12.2M	$35.1M	75x	as long as short
MEXC AVAX_USDTlong	+0.0100%	8h	11.142	long leg	$48.8M	$79.6M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	11.143	+0.009%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.140	−0.018%	$33.5M	$48.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.143	+0.009%	—	$81.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.147	+0.045%	$330K	$523K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.140	−0.015%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.149	+0.063%	$354K	$822K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.148	+0.054%	$179K	$674K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.148	+0.054%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.151	+0.081%	$196K	$312K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.176	+0.307%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.146	+0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.146	+0.031%	$365K	$866K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.148	+0.054%	$29.8M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.141	−0.013%	$684K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.144	+0.018%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.145	+0.027%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.155	+0.117%	$894K	$5.4M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.143	+0.005%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.143	+0.012%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0601%	1h	11.160	+0.162%	$43.5M	$42.4M	10x	as long as short