Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against Aster−0.145%52s7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.370% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.145%, 7d avg +0.015%
Together, before fees+0.283%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.160% cheaper against Aster than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of +0.015%). If the spread goes back, that is −$16 on $10k: about 4.4 days of funding at the current rate (+$4 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster AVAXUSDT10.6840.0100pay 0.0100% / 8h20m 28s$2.2M$896K75x
ShortBloFin AVAX-USDT10.6690.0220get 0.0220% / 8h20m 28s$4.6M$5.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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

Funding earned
$25.2
Price spread: −0.145% → +0.015%
−$16.01
Slippage, 4 orders
−$16.97
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$27.78
Costs to cover
0.370%
Break-even
14.7 days
Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago1.87 bp8.1 bp −$817.9 bp −$179doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago1.40 bp11.4 bp −$1117.3 bp −$17342.2 bp −$4,21878.7 bp −$39.4K

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AVAXUSD−0.0185%1h10.671−0.123%$3.8M$11.6M50xas long as short
Nado AVAX-PERP−0.0170%1h10.681−0.033%$288K$329K10xas long as short
Variational Omni AVAX−0.0077%8h10.667−0.167%$2.9M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.680−0.041%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.671−0.126%$4.8M$6.8M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.673−0.105%$12K150xas long as short
Gate AVAX_USDT+0.0008%8h10.683−0.014%$13.2M$30.8M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.707%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0090%8h10.679−0.049%$12K$21220xas long as short
Bybit AVAXUSDT+0.0095%8h10.685+0.005%$81.6M$139.6M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.677−0.070%$1.2M$2.4M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.685+0.005%$25K$467K50xas long as short
Hyperliquid AVAX+0.0100%1h10.693+0.080%$36.7M$41.7M10xas long as short
Aster AVAXUSDTlong+0.0100%8h10.684long leg$2.2M$896K75x
Pacifica AVAX+0.0100%1h10.682−0.021%$268K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.687+0.026%$112.9M$406.7M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.688+0.033%$18.7M$107.8M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.685+0.005%$45.3M$79.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.684−0.005%$13.7M$21.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.687+0.024%$32.4M$46.6M75xas long as short
BingX AVAX-USDT+0.0100%8h10.685+0.005%$53.6Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.674−0.098%$435K$547K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.674−0.099%$335K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.681−0.033%$172K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.686+0.014%$134K$297K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.695+0.098%$231K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.699+0.136%$11K$770K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.669−0.145%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.672−0.112%$325K$863K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.670−0.136%$28.5M$5.7M50xas long as short
Extended AVAX-USD+0.0104%1h10.678−0.059%$605K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.684−0.003%$245K3xas long as short
BloFin AVAX-USDTshort+0.0220%8h10.669−0.145%$4.6M$5.4M100x
Coinbase International AVAX-PERP-INTX+0.0224%1h10.668−0.154%$847K$4.7M50xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.683−0.016%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.674−0.100%$225K120xas long as short