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 −0.015%

Price spread now: Gate against MEXC−0.045%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$340.336% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 7 days+0.025%+$2 · spread now −0.045%, 7d avg −0.009%

Together, before fees−0.027%−$3 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: Gate is 0.036% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AVAX_USDT	11.157	0.0100	pay 0.0100% / 8h	7h 03m	$50.2M	$89.5M	200x
Short	Gate AVAX_USDT	11.152	0.0100	get 0.0100% / 8h	7h 03m	$12.1M	$38.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.009%: −$3.62
Slippage, 4 orders: −$18.6
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.22
Costs to cover: 0.336%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Gate: 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 MEXC live order book, 5 min ago	0.45 bp	0.4 bp $0	1.4 bp −$14	26.7 bp −$2,666	98.1 bp −$49.0K
Sell Gate live order book, 5 min ago	0.89 bp	16.4 bp −$16	23.0 bp −$230	41.1 bp −$4,111	69.6 bp −$34.8K

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	−0.1363%	1h	11.150	−0.063%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0073%	1h	11.162	+0.045%	$293K	$680K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0018%	1h	11.185	+0.251%	$5.3M	$8.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.153	−0.040%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.191	+0.305%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.156	−0.011%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.163	+0.054%	$15K	$604K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.150	−0.066%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.167	+0.087%	$2.3M	$1.5M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.159	+0.016%	$296K	$107K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.163	+0.050%	$119.3M	$474.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.162	+0.045%	$88.8M	$146.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.160	+0.027%	$19.9M	$129.6M	50x	as long as short
Gate AVAX_USDTshort	+0.0100%	8h	11.152	−0.045%	$12.1M	$38.6M	75x
MEXC AVAX_USDTlong	+0.0100%	8h	11.157	long leg	$50.2M	$89.5M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	11.152	−0.045%	$15.3M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.153	−0.036%	$33.9M	$53.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.157	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.179	+0.197%	$357K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.188	+0.282%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.191	+0.305%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.191	+0.305%	$180K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.189	+0.287%	$131K	$370K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.194	+0.332%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.221	+0.574%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.187	+0.269%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.194	+0.331%	$364K	$942K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.188	+0.278%	$30.0M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.150	−0.058%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.186	+0.260%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.190	+0.293%	$4.3M	$12.5M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.191	+0.305%	$5.0M	$6.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.182	+0.221%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.202	+0.403%	$910K	$6.4M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0297%	1h	11.191	+0.305%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0660%	1h	11.177	+0.179%	$43.7M	$49.0M	10x	as long as short