Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: HTX against ApeX Omni+0.032%7-day average −0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$121as in the Price arb table

costs, in and out, $10k−$1281.285% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.155%−$15 · spread now +0.032%, 7d avg −0.047%

Together, before fees−0.152%−$15 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: HTX is 0.079% dearer against ApeX Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	10.848	0.0100	pay 0.0013% / 1h	6m 36s	$174K	$664K	50x
Short	HTX AVAX-USDT	10.851	0.0100	get 0.0100% / 8h	3h 06m	$357K	$768K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → −0.047%: $7.89
Slippage, 4 orders: −$106.47
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$120.58
Costs to cover: 1.285%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 47 min ago; HTX: live order book, 52 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, 47 min ago	6.36 bp	15.7 bp −$16	64.9 bp −$649	doesn't fit	doesn't fit
Sell HTX live order book, 52 min ago	37.05 bp	50.6 bp −$51	127.2 bp −$1,272	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	−0.1421%	1h	10.810	−0.350%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0026%	1h	10.849	+0.009%	$4.9M	$7.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.857	+0.084%	$95K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.851	+0.023%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.853	+0.047%	$4.2M	$11.0M	50x	as long as short
Nado AVAX-PERP	+0.0035%	1h	10.850	+0.018%	$282K	$308K	10x	as long as short
Gate AVAX_USDT	+0.0051%	8h	10.855	+0.065%	$12.3M	$32.7M	75x	as long as short
Variational Omni AVAX	+0.0093%	8h	10.876	+0.263%	$2.9M	$2.2M	—	as long as short
Lighter AVAX	+0.0096%	1h	10.858	+0.090%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.855	+0.065%	$6K	$437K	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0097%	8h	10.856	+0.070%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.851	+0.032%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.859	+0.101%	$273K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.855	+0.065%	$113.8M	$416.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.850	+0.018%	$82.0M	$137.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.853	+0.046%	$19.6M	$109.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.857	+0.083%	$44.6M	$79.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.857	+0.083%	$14.9M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.848	0.000%	$32.3M	$47.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.853	+0.046%	—	$54.8M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.854	+0.055%	$365K	$523K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.839	−0.082%	$341K	$942K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	10.848	long leg	$174K	$664K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	10.854	+0.055%	$127K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.854	+0.055%	$191K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.875	+0.248%	$11K	$720K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.848	0.000%	$18K	$71K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.851	+0.032%	$357K	$768K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.853	+0.046%	$29.0M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.848	−0.002%	$667K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.845	−0.028%	$249K	—	3x	as long as short
Hyperliquid AVAX	+0.0206%	1h	10.867	+0.175%	$41.0M	$39.8M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.846	−0.018%	$4.8M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.852	+0.037%	$883K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.850	+0.015%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0445% / S −0.0276%	1h	10.852	+0.033%	$237K	—	120x	as long as short