Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.008%

Price spread now: Paradex against Pacifica−0.029%7-day average — · you buy dearer than you sell

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

Long on Pacifica 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 airdropPacifica: Active · Paradex: 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 0.029% cheaper against Pacifica than usual: you would sell low and buy high, −$3 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	Pacifica AVAX	11.216	0.0100	pay 0.0013% / 1h	4m 59s	$298K	$120K	10x
Short	Paradex AVAX-USD-PERP	11.212	0.0099	get 0.0099% / 8h	1h 04m	$13K	$766	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Pacifica. 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 PacificabpFee ParadexbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$0.12
Price spread: −0.029% → 0.000%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$15.02
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 13 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 Pacifica live order book, 13 min ago	6.22 bp	10.8 bp −$11	20.3 bp −$203	doesn't fit	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	−0.0570%	1h	11.170	−0.407%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.226	+0.092%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0044%	1h	11.216	+0.007%	$296K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.214	−0.011%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.224	+0.073%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0027%	8h	11.231	+0.136%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.230	+0.126%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.217	+0.012%	$17K	$686K	50x	as long as short
Paradex AVAX-USD-PERPshort	+0.0099%	8h	11.212	−0.029%	$13K	$766	20x
Aster AVAXUSDT	+0.0100%	8h	11.228	+0.107%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXlong	+0.0100%	1h	11.216	long leg	$298K	$120K	10x
Binance AVAXUSDT	+0.0100%	8h	11.237	+0.186%	$120.3M	$524.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.235	+0.172%	$89.3M	$157.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.236	+0.181%	$20.2M	$146.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.227	+0.101%	$12.4M	$40.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.230	+0.128%	$51.2M	$100.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.230	+0.128%	$15.9M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.230	+0.128%	$34.2M	$60.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.234	+0.163%	—	$88.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.231	+0.136%	$359K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.242	+0.230%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	+0.199%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.224	+0.074%	$133K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.234	+0.163%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.254	+0.338%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.227	+0.101%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.213	−0.020%	$362K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.228	+0.110%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.225	+0.086%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.279	+0.563%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.238	+0.199%	$910K	$8.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.227	+0.101%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.220	+0.034%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0412% / S −0.0261%	1h	11.225	+0.079%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0583%	1h	11.243	+0.243%	$43.5M	$56.6M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0629%	1h	11.236	+0.179%	$4.6M	$13.5M	50x	as long as short