Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0143%/8hnext payment +$0.18 per $10,000 · paid last 24h +0.046%

Price spread now: Reya against ApeX Omni+0.186%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.186% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread 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	10.999	0.0100	pay 0.0013% / 1h	4m 33s	$177K	$705K	50x
Short	Reya AVAXRUSDPERP	11.020	0.0243	get 0.0030% / 1h	4m 33s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.186%Rate

Funding earned: $30.1
Price spread: +0.186% → 0.000%: $18.64
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $32.75
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 28 min ago; Reya: 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, 28 min ago	7.29 bp	14.1 bp −$14	73.4 bp −$734	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0296%	1h	11.013	+0.127%	$313K	$960K	10x	as long as short
Variational Omni AVAX	−0.0260%	8h	10.997	−0.014%	$2.9M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0113%	1h	11.027	+0.255%	$5.2M	$9.7M	25x	as long as short
Bybit AVAXUSDT	−0.0070%	8h	11.020	+0.191%	$86.6M	$147.5M	75x	as long as short
OKX AVAX-USDT-SWAP	−0.0052%	8h	11.022	+0.209%	$19.4M	$144.7M	50x	as long as short
Gate AVAX_USDT	−0.0028%	8h	11.026	+0.245%	$12.1M	$40.6M	75x	as long as short
Backpack AVAX_USDC_PERP	−0.0022%	1h	11.029	+0.273%	$298K	$538K	15x	as long as short
SoDEX AVAX-USD	−0.0005%	1h	11.025	+0.236%	$18K	$72K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.032	+0.298%	$84K	$146K	10x	as long as short
Coinbase International AVAX-PERP-INTX	0.0000%	1h	11.021	+0.200%	$812K	$8.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.027	+0.250%	$12K	—	150x	as long as short
Extended AVAX-USD	+0.0016%	1h	11.019	+0.185%	$647K	$2.2M	25x	as long as short
Phemex AVAXUSDT	+0.0020%	8h	11.024	+0.227%	$29.5M	$4.8M	50x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.970	−0.264%	$17K	$68K	12x	as long as short
BingX AVAX-USDT	+0.0038%	8h	11.020	+0.191%	—	$94.2M	—	as long as short
MEXC AVAX_USDT	+0.0039%	8h	11.021	+0.200%	$49.9M	$115.2M	200x	as long as short
Binance AVAXUSDT	+0.0041%	8h	11.020	+0.190%	$117.9M	$544.6M	75x	as long as short
Bitget AVAXUSDT	+0.0043%	8h	11.020	+0.191%	$33.9M	$63.0M	75x	as long as short
Aster AVAXUSDT	+0.0057%	8h	11.027	+0.255%	$2.3M	$2.0M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0070%	8h	11.024	+0.228%	$13K	$766	20x	as long as short
Aevo AVAX-PERP	+0.0088%	1h	11.027	+0.259%	$253K	—	3x	as long as short
Lighter AVAX	+0.0096%	1h	11.021	+0.195%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.020	+0.191%	$17K	$722K	50x	as long as short
Pacifica AVAX	+0.0100%	1h	11.027	+0.255%	$298K	$118K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.027	+0.255%	$15.5M	$25.2M	75x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.996	−0.027%	$352K	$833K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	10.999	long leg	$177K	$705K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.026	+0.245%	$114K	$471K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.030	+0.282%	$213K	$332K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.035	+0.331%	$12K	$694K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.021	+0.195%	$351K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0158%	8h	11.028	+0.264%	$5.0M	$9.0M	100x	as long as short
Hyperliquid AVAX	+0.0243%	1h	11.042	+0.391%	$41.4M	$59.5M	10x	as long as short
Reya AVAXRUSDPERPshort	+0.0243%	1h	11.020	+0.186%	$1K	—	20x
Kraken Futures PF_AVAXUSD	+0.0338%	1h	11.035	+0.329%	$4.6M	$14.0M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0409% / S −0.0244%	1h	11.025	+0.239%	$238K	—	120x	as long as short