Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.008%

Price spread now: Paradex against ApeX Omni−0.109%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni 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 airdropParadex: 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 0.109% cheaper against ApeX Omni than usual: you would sell low and buy high, −$11 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	ApeX Omni AVAXUSDT	10.719	0.0100	pay 0.0013% / 1h	5m 01s	$173K	$662K	50x
Short	Paradex AVAX-USD-PERP	10.707	0.0092	get 0.0092% / 8h	5m 01s	$12K	$212	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.109%Rate

Funding earned: −$1.67
Price spread: −0.109% → 0.000%: −$10.87
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$26.54
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 33 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 ApeX Omni live order book, 33 min ago	6.56 bp	15.7 bp −$16	75.1 bp −$751	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
Nado AVAX-PERP	−0.0206%	1h	10.713	−0.056%	$289K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.720	+0.008%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.707	−0.111%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.713	−0.061%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.721	+0.019%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.719	−0.004%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.718	−0.009%	$13.3M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.382%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERPshort	+0.0092%	8h	10.707	−0.109%	$12K	$212	20x
Lighter AVAX	+0.0096%	1h	10.715	−0.037%	$1.2M	$2.4M	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	10.713	−0.056%	$25K	$466K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.729	+0.093%	$36.8M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.719	−0.002%	$2.2M	$888K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.714	−0.047%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.718	−0.013%	$113.4M	$403.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.716	−0.028%	$81.9M	$139.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.717	−0.019%	$18.8M	$107.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.717	−0.019%	$52.9M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.716	−0.028%	$13.8M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.718	−0.009%	$32.8M	$46.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.717	−0.019%	—	$53.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.720	+0.009%	$436K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	−0.024%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	10.719	long leg	$173K	$662K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	10.716	−0.028%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.723	+0.037%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.739	+0.182%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.715	−0.037%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.713	−0.051%	$326K	$857K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.716	−0.028%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.714	−0.048%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.712	−0.070%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.713	−0.056%	$4.7M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.719	0.000%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.712	−0.069%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.718	−0.008%	$226K	—	120x	as long as short