Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Aster−0.064%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 7 days+0.217%+$22 · spread now −0.064%, 7d avg +0.031%

Together, before fees+0.194%+ Points / potential airdropAster: Stage 5 · farm board+$19 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: MEXC is 0.095% cheaper against Aster than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster AVAXUSDT	10.765	0.0100	pay 0.0100% / 8h	7h 32m	$2.2M	$1.4M	75x
Short	MEXC AVAX_USDT	10.758	0.0100	get 0.0100% / 8h	7h 32m	$53.2M	$79.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.064%Rate

Funding earned: $0
Price spread: −0.064% → +0.031%: −$9.52
Slippage, 4 orders: −$13.06
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$30.58
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from Aster: live order book, 6 min ago; MEXC: live order book, 1 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 Aster live order book, 6 min ago	1.86 bp	9.9 bp −$10	18.5 bp −$185	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.47 bp	1.8 bp −$2	5.0 bp −$50	27.0 bp −$2,702	96.5 bp −$48.3K

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
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.760	−0.047%	$3.7M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0222%	1h	10.741	−0.227%	$280K	$325K	10x	as long as short
Variational Omni AVAX	−0.0081%	8h	10.763	−0.021%	$3.0M	$2.1M	—	as long as short
SoDEX AVAX-USD	−0.0079%	1h	10.753	−0.111%	$18K	$68K	10x	as long as short
Gate AVAX_USDT	−0.0074%	8h	10.755	−0.092%	$13.8M	$28.9M	75x	as long as short
Phemex AVAXUSDT	−0.0041%	8h	10.752	−0.120%	$28.7M	$5.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.759	−0.057%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.753	−0.111%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.758	−0.062%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.046%	$17K	$151K	12x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AVAX_USDT_Perp	+0.0058%	8h	10.765	−0.002%	$337K	$1.2M	10x	as long as short
Paradex AVAX-USD-PERP	+0.0082%	8h	10.744	−0.197%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.755	−0.092%	$1.2M	$2.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.747	−0.167%	$23K	$468K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.770	+0.047%	$35.8M	$40.3M	10x	as long as short
Aster AVAXUSDTlong	+0.0100%	8h	10.765	long leg	$2.2M	$1.4M	75x
Pacifica AVAX	+0.0100%	1h	10.755	−0.088%	$270K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.758	−0.063%	$113.4M	$395.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.755	−0.092%	$84.1M	$137.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.758	−0.064%	$19.0M	$106.1M	50x	as long as short
MEXC AVAX_USDTshort	+0.0100%	8h	10.758	−0.064%	$53.2M	$79.3M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	10.759	−0.055%	$13.9M	$21.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.758	−0.064%	$32.9M	$45.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.755	−0.092%	—	$52.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.759	−0.055%	$437K	$534K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.773	+0.075%	$174K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.755	−0.092%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.754	−0.102%	$233K	$239K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.777	+0.115%	$12K	$772K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.755	−0.097%	$333K	$853K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.753	−0.109%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.811	+0.431%	$248K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.757	−0.074%	$853K	$5.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.757	−0.074%	$4.7M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.756	−0.085%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.751	−0.131%	$227K	—	120x	as long as short