Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Orderly against SunX−0.231%7-day average −0.230% · you buy dearer than you sell

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

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.231%, 7d avg −0.230%

Together, before fees−0.017%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	10.930	0.0100	pay 0.0100% / 8h	5h 07m	$12K	$773K	20x
Short	Orderly PERP_AVAX_USDC	10.905	0.0100	get 0.0100% / 8h	5h 07m	$236K	$208K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now −0.231%Rate

Funding earned: $0
Price spread: −0.231% → −0.230%: −$0.09
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.09
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 28 min ago; Orderly: 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 SunX live order book, 28 min ago	41.89 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 exchanges

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
Variational Omni AVAX	−0.0155%	8h	10.866	−0.590%	$3.1M	$2.0M	—	as long as short
Gate AVAX_USDT	−0.0104%	8h	10.897	−0.304%	$14.8M	$26.9M	75x	as long as short
Bybit AVAXUSDT	−0.0072%	8h	10.895	−0.322%	$84.9M	$129.7M	75x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.904	−0.243%	$3.8M	$10.7M	50x	as long as short
Phemex AVAXUSDT	−0.0044%	8h	10.898	−0.295%	$29.1M	$5.5M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.906	−0.224%	$93K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.904	−0.240%	$5.0M	$6.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.903	−0.253%	$24K	—	150x	as long as short
Nado AVAX-PERP	+0.0009%	1h	10.896	−0.317%	$278K	$273K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.557%	$17K	$151K	12x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVAX-USD	+0.0045%	1h	10.894	−0.331%	$60K	$366K	10x	as long as short
SoDEX AVAX-USD	+0.0055%	1h	10.898	−0.295%	$19K	$65K	10x	as long as short
OKX AVAX-USDT-SWAP	+0.0056%	8h	10.895	−0.322%	$19.3M	$99.7M	50x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.896	−0.311%	$12K	$62	20x	as long as short
MEXC AVAX_USDT	+0.0094%	8h	10.902	−0.258%	$52.8M	$70.2M	200x	as long as short
Binance AVAXUSDT	+0.0095%	8h	10.900	−0.279%	$114.7M	$364.5M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.899	−0.281%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.898	−0.295%	$25K	$429K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.914	−0.148%	$36.4M	$36.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.900	−0.278%	$2.3M	$1.2M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.906	−0.222%	$274K	$86K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.901	−0.267%	$14.3M	$18.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.896	−0.313%	$33.2M	$42.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.897	−0.304%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.899	−0.285%	$391K	$567K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.881	−0.446%	$341K	$1.6M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.881	−0.450%	$155K	$678K	50x	as long as short
Orderly PERP_AVAX_USDCshort	+0.0100%	8h	10.905	−0.231%	$236K	$208K	20x
SunX AVAX-USDTlong	+0.0100%	8h	10.930	long leg	$12K	$773K	20x
HTX AVAX-USDT	+0.0100%	8h	10.903	−0.244%	$328K	$901K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.892	−0.354%	$621K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.894	−0.333%	$250K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.906	−0.221%	$858K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0216%	8h	10.891	−0.359%	$4.7M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.894	−0.334%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0464% / S −0.0317%	1h	10.879	−0.467%	$241K	—	120x	as long as short