Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Aster against ApeX Omni+0.431%109s7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.434% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.038%−$4 on $10k

Price spread, last 3 days (all we have)−0.854%−$85 · spread now +0.431%, 7d avg −0.057%

Together, before fees−0.892%+ Points / potential airdropAster: Stage 5 · farm board−$89 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: Aster is 0.488% dearer against ApeX Omni than usual: you sell high and buy low, +$49 on $10k if it goes back to its 7-day average of −0.057%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	11.313	0.0100	pay 0.0013% / 1h	7m 42s	$182K	$681K	50x
Short	Aster AVAXUSDT	11.362	0.0100	get 0.0100% / 8h	2h 07m	$2.3M	$1.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.431%Rate

Funding earned: $0
Price spread: +0.431% → −0.057%: $48.79
Slippage, 4 orders: −$25.44
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $5.36
Costs to cover: 0.434%
Break-even: from the start

Slippage from ApeX Omni: live order book, 16 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 ApeX Omni live order book, 16 min ago	5.74 bp	13.4 bp −$13	87.7 bp −$877	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	1.76 bp	7.9 bp −$8	21.5 bp −$215	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
Deribit AVAX_USDC-PERPETUAL	−0.0103%	1h	11.325	+0.106%	$5.4M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0092%	8h	11.306	−0.060%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0077%	1h	11.325	+0.110%	$299K	$959K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.468%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.369	+0.498%	$100K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.328	+0.130%	$16K	—	150x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.339	+0.230%	$995K	$8.4M	50x	as long as short
Gate AVAX_USDT	+0.0067%	8h	11.371	+0.513%	$12.7M	$40.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0091%	8h	11.365	+0.460%	$20.4M	$149.9M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.368	+0.487%	$1.3M	$3.3M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	11.324	+0.097%	$10K	$702K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.371	+0.515%	$13K	$766	20x	as long as short
MEXC AVAX_USDT	+0.0099%	8h	11.376	+0.557%	$55.9M	$110.5M	200x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.325	+0.106%	$30.3M	$4.9M	50x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	11.362	+0.431%	$2.3M	$1.9M	75x
Pacifica AVAX	+0.0100%	1h	11.375	+0.552%	$302K	$121K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.373	+0.534%	$122.1M	$537.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.382	+0.610%	$91.3M	$156.0M	75x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.378	+0.575%	$16.6M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.373	+0.530%	$35.0M	$61.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.370	+0.504%	—	$90.0M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.339	+0.230%	$339K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.314	+0.008%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.313	long leg	$182K	$681K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.326	+0.115%	$133K	$482K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.334	+0.186%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.361	+0.420%	$12K	$722K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.325	+0.106%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.329	+0.146%	$364K	$1.1M	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.366	+0.470%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.320	+0.059%	$260K	—	3x	as long as short
BloFin AVAX-USDT	+0.0218%	8h	11.320	+0.062%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.324	+0.101%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0253%	1h	11.333	+0.173%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.325	+0.110%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0681%	1h	11.381	+0.598%	$44.2M	$58.5M	10x	as long as short