Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: OKX against Binance−0.045%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.045%, 7d avg −0.025%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	11.222	0.0100	pay 0.0100% / 8h	1h 05m	$120.1M	$524.3M	75x
Short	OKX AVAX-USDT-SWAP	11.217	0.0100	get 0.0100% / 8h	1h 05m	$20.2M	$145.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → −0.025%: −$1.93
Slippage, 4 orders: −$10.08
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.02
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; OKX: live order book, 4 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 Binance live order book, 8 min ago	0.44 bp	7.4 bp −$7	14.8 bp −$148	37.7 bp −$3,774	132.4 bp −$66.2K
Sell OKX live order book, 4 min ago	0.44 bp	9.2 bp −$9	15.5 bp −$155	59.6 bp −$5,962	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
Injective AVAX/USDC PERP	−0.0570%	1h	11.170	−0.463%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.241	+0.169%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0044%	1h	11.216	−0.049%	$296K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.214	−0.067%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.224	+0.017%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0019%	8h	11.219	−0.027%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.215	−0.061%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.217	−0.045%	$17K	$686K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.212	−0.085%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.223	+0.008%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.216	−0.056%	$298K	$120K	10x	as long as short
Binance AVAXUSDTlong	+0.0100%	8h	11.222	long leg	$120.1M	$524.3M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.216	−0.053%	$89.1M	$157.3M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	11.217	−0.045%	$20.2M	$145.8M	50x
Gate AVAX_USDT	+0.0100%	8h	11.213	−0.080%	$12.4M	$40.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.222	0.000%	$51.2M	$100.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.221	−0.009%	$15.9M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.218	−0.036%	$34.2M	$60.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.220	−0.018%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.234	+0.107%	$359K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.242	+0.174%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	+0.143%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.224	+0.018%	$133K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.251	+0.258%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.281	+0.524%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.241	+0.169%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.242	+0.183%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.239	+0.151%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.211	−0.095%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.268	+0.410%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.259	+0.330%	$912K	$8.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.243	+0.187%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.220	−0.022%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0412% / S −0.0261%	1h	11.225	+0.023%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0584%	1h	11.239	+0.151%	$43.4M	$56.6M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0629%	1h	11.248	+0.233%	$4.6M	$13.5M	50x	as long as short