Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Aster against Polymarket Perps−0.050%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.883%−$88 · spread now −0.050%, 7d avg −0.052%

Together, before fees−0.873%+ Points / potential airdropAster: Stage 5 · farm board−$87 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	11.110	0.0100	pay 0.0013% / 1h	47m 30s	$130K	$369K	10x
Short	Aster AVAXUSDT	11.104	0.0100	get 0.0100% / 8h	6h 47m	$2.3M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now −0.050%Rate

Funding earned: $0
Price spread: −0.050% → −0.052%: $0.2
Slippage, 4 orders: −$15.87
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.67
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 20 min ago; Aster: live order book, 1 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 Polymarket Perps live order book, 20 min ago	2.23 bp	6.2 bp −$6	7.3 bp −$73	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	1.80 bp	8.0 bp −$8	19.5 bp −$195	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	−0.1423%	1h	11.090	−0.180%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0200%	1h	11.106	−0.036%	$5.2M	$8.3M	25x	as long as short
Nado AVAX-PERP	−0.0018%	1h	11.105	−0.041%	$288K	$525K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.101	−0.083%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.106	−0.034%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0078%	8h	11.106	−0.036%	$12.1M	$36.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.095	−0.132%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.109	−0.009%	$18K	$601K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.110	+0.003%	$13K	$434	20x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.104	−0.050%	$2.3M	$1.4M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.103	−0.061%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.106	−0.036%	$118.3M	$471.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.108	−0.018%	$88.4M	$146.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.099	−0.099%	$19.8M	$127.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.107	−0.027%	$48.6M	$82.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.111	+0.009%	$15.5M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.106	−0.036%	$33.4M	$52.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.107	−0.027%	—	$83.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.108	−0.018%	$355K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.107	−0.029%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.127	+0.153%	$353K	$807K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.129	+0.171%	$179K	$682K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	11.110	long leg	$130K	$369K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.111	+0.009%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.142	+0.286%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.104	−0.054%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.107	−0.032%	$361K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.107	−0.027%	$29.7M	$5.4M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.106	−0.039%	$668K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.101	−0.077%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.117	+0.063%	$5.0M	$6.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.105	−0.047%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.107	−0.025%	$4.3M	$12.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.112	+0.018%	$910K	$6.2M	50x	as long as short
Hyperliquid AVAX	+0.0421%	1h	11.122	+0.108%	$43.3M	$48.0M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.106	−0.036%	$236K	—	120x	as long as short