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 +0.011%

Price spread now: Paradex against OKX−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.128% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVAX-USDT-SWAP	11.146	0.0100	pay 0.0100% / 8h	5h 03m	$20.4M	$116.7M	50x
Short	Paradex AVAX-USD-PERP	11.132	0.0100	get 0.0100% / 8h	5h 03m	$13K	$434	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against OKX. 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 OKXbpFee ParadexbpOrdersPrice spread, now −0.128%Rate

Funding earned: $0
Price spread: −0.128% → 0.000%: −$12.84
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$26.84
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 6 min ago; Paradex: no order-book sample. Net counts fees only.

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 OKX live order book, 6 min ago	0.45 bp	9.9 bp −$10	16.4 bp −$164	73.8 bp −$7,382	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.233%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0062%	1h	11.138	−0.072%	$287K	$395K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.143	−0.027%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.133	−0.118%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.148	+0.022%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.145	−0.005%	$4.3M	$11.4M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.144	−0.018%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.143	−0.027%	$16K	$561K	50x	as long as short
Paradex AVAX-USD-PERPshort	+0.0100%	8h	11.132	−0.128%	$13K	$434	20x
Aster AVAXUSDT	+0.0100%	8h	11.151	+0.042%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.139	−0.064%	$290K	$114K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.144	−0.018%	$119.1M	$430.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.143	−0.027%	$88.4M	$137.8M	75x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0100%	8h	11.146	long leg	$20.4M	$116.7M	50x
Gate AVAX_USDT	+0.0100%	8h	11.139	−0.063%	$12.1M	$35.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.149	+0.027%	$48.7M	$79.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.147	+0.009%	$15.7M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.143	−0.027%	$33.5M	$48.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.151	+0.045%	—	$81.0M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.149	+0.027%	$330K	$521K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.140	−0.051%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.152	+0.053%	$354K	$822K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.148	+0.018%	$179K	$672K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.152	+0.054%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.152	+0.054%	$196K	$312K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.180	+0.301%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.142	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.142	−0.040%	$365K	$862K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.142	−0.036%	$29.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.140	−0.056%	$684K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.145	−0.013%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.147	+0.009%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.144	−0.018%	$894K	$5.4M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.147	+0.005%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.149	+0.026%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0609%	1h	11.169	+0.206%	$43.6M	$42.4M	10x	as long as short