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 +0.006%

Price spread now: KuCoin against Bitget−0.028%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.028%+$3 · spread now −0.028%, 7d avg +0.019%

Together, before fees−0.030%−$3 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: KuCoin is 0.048% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AVAXUSDT	10.672	0.0100	pay 0.0100% / 8h	1h 00m	$32.3M	$48.2M	75x
Short	KuCoin AVAXUSDTM	10.669	0.0100	get 0.0100% / 8h	1h 00m	$13.6M	$22.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.028%Rate

Funding earned: $0
Price spread: −0.028% → +0.019%: −$4.76
Slippage, 4 orders: −$25.24
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$54
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 8 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 Bitget live order book, 3 min ago	0.47 bp	9.0 bp −$9	14.5 bp −$145	28.4 bp −$2,843	doesn't fit
Sell KuCoin live order book, 8 min ago	0.93 bp	12.2 bp −$12	26.1 bp −$261	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	−0.0194%	1h	10.670	−0.019%	$280K	$335K	10x	as long as short
Variational Omni AVAX	−0.0067%	8h	10.666	−0.060%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.673	+0.011%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.674	+0.019%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.673	+0.010%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0012%	8h	10.669	−0.028%	$12.9M	$32.5M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.825%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0073%	1h	10.672	0.000%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0084%	8h	10.669	−0.026%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.667	−0.047%	$81.4M	$143.1M	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	10.672	−0.003%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.667	−0.047%	$25K	$473K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.681	+0.085%	$37.1M	$43.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.677	+0.044%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.679	+0.069%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.672	−0.002%	$113.0M	$419.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.667	−0.047%	$18.7M	$110.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.671	−0.009%	$45.4M	$81.4M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	10.669	−0.028%	$13.6M	$22.6M	75x
Bitget AVAXUSDTlong	+0.0100%	8h	10.672	long leg	$32.3M	$48.2M	75x
BingX AVAX-USDC	+0.0100%	8h	10.670	−0.019%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.674	+0.019%	$435K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.681	+0.084%	$338K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.702	+0.281%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.672	0.000%	$134K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.679	+0.066%	$230K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.697	+0.234%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.676	+0.041%	$325K	$884K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.674	+0.019%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.666	−0.061%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.667	−0.043%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.672	−0.003%	$3.8M	$12.0M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.677	+0.047%	$849K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.671	−0.009%	$4.6M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.668	−0.039%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.673	+0.012%	$225K	—	120x	as long as short