Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: HTX against Aster+0.192%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$1021.022% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.192%, 7d avg −0.012%

Together, before fees−0.202%+ Points / potential airdropAster: Stage 5 · farm board−$20 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 0.204% dearer against Aster than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	10.697	0.0100	pay 0.0100% / 8h	1h 48m	$2.2M	$1.0M	75x
Short	HTX AVAX-USDT	10.717	0.0100	get 0.0100% / 8h	1h 48m	$343K	$873K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee AsterbpFee HTXbpOrdersPrice spread, now +0.192%Rate

Funding earned: $0
Price spread: +0.192% → −0.012%: $20.35
Slippage, 4 orders: −$82.2
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$81.84
Costs to cover: 1.022%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; HTX: live order book, just now.

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 Aster live order book, 5 min ago	2.33 bp	9.3 bp −$9	16.9 bp −$169	doesn't fit	doesn't fit
Sell HTX live order book, just now	29.13 bp	49.6 bp −$50	123.9 bp −$1,239	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
Nado AVAX-PERP	−0.0192%	1h	10.709	+0.108%	$287K	$339K	10x	as long as short
Variational Omni AVAX	−0.0038%	8h	10.723	+0.241%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.707	+0.089%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.714	+0.159%	$4.8M	$7.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.717	+0.187%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.589%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0036%	8h	10.703	+0.056%	$12.7M	$32.0M	75x	as long as short
SoDEX AVAX-USD	+0.0093%	1h	10.711	+0.131%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.705	+0.072%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0094%	8h	10.692	−0.047%	$81.6M	$147.3M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.703	+0.052%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.692	−0.047%	$23K	$428K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.702	+0.047%	$37.4M	$43.9M	10x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	10.697	long leg	$2.2M	$1.0M	75x
Pacifica AVAX	+0.0100%	1h	10.705	+0.075%	$269K	$132K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.694	−0.031%	$113.7M	$427.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.689	−0.075%	$18.7M	$112.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.693	−0.037%	$44.7M	$80.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.694	−0.028%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.692	−0.047%	$32.5M	$48.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.694	−0.028%	—	$53.8M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.718	+0.196%	$428K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.174%	$340K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.722	+0.234%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.694	−0.028%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.720	+0.215%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.740	+0.402%	$12K	$763K	20x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.717	+0.192%	$343K	$873K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.712	+0.140%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.696	−0.008%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.707	+0.095%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.718	+0.195%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.725	+0.262%	$933K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.710	+0.122%	$4.7M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.689	−0.076%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.716	+0.180%	$227K	—	120x	as long as short