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 +0.003%

Price spread now: Orderly against Bitget+0.064%7-day average +0.069% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.064%, 7d avg +0.069%

Together, before fees−0.259%−$26 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AVAXUSDT	10.913	0.0100	pay 0.0100% / 8h	6h 19m	$33.2M	$44.6M	75x
Short	Orderly PERP_AVAX_USDC	10.920	0.0100	get 0.0100% / 8h	6h 19m	$236K	$218K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.064%Rate

Funding earned: $0
Price spread: +0.064% → +0.069%: −$0.44
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18.44
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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	0.46 bp	9.2 bp −$9	14.9 bp −$149	25.4 bp −$2,536	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVAX on 36 exchanges

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	−0.0184%	1h	10.919	+0.053%	$3.8M	$11.5M	50x	as long as short
Variational Omni AVAX	−0.0128%	8h	10.917	+0.039%	$3.0M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0088%	8h	10.917	+0.037%	$14.4M	$28.5M	75x	as long as short
Phemex AVAXUSDT	−0.0035%	8h	10.925	+0.110%	$29.1M	$5.5M	50x	as long as short
SoDEX AVAX-USD	−0.0024%	1h	10.913	0.000%	$19K	$68K	10x	as long as short
Bybit AVAXUSDT	−0.0014%	8h	10.909	−0.037%	$85.1M	$134.6M	75x	as long as short
Nado AVAX-PERP	−0.0004%	1h	10.915	+0.023%	$277K	$307K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.920	+0.063%	$93K	$110K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.919	+0.055%	$5.0M	$6.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.917	+0.036%	$23K	—	150x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.402%	$17K	$151K	12x	as long as short
Lighter AVAX	+0.0096%	1h	10.916	+0.027%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.912	−0.009%	$20K	$443K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.911	−0.019%	$12K	$62	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.917	+0.040%	$2.3M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.917	+0.036%	$275K	$122K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.913	+0.003%	$115.0M	$381.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.911	−0.018%	$19.4M	$105.5M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.915	+0.018%	$53.0M	$72.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.917	+0.037%	$14.3M	$19.8M	75x	as long as short
Bitget AVAXUSDTlong	+0.0100%	8h	10.913	long leg	$33.2M	$44.6M	75x
BingX AVAX-USDT	+0.0100%	8h	10.913	0.000%	—	$52.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.931	+0.165%	$441K	$535K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.915	+0.020%	$346K	$1.4M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.925	+0.110%	$176K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.914	+0.009%	$138K	$247K	10x	as long as short
Orderly PERP_AVAX_USDCshort	+0.0100%	8h	10.920	+0.064%	$236K	$218K	20x
SunX AVAX-USDT	+0.0100%	8h	10.942	+0.262%	$12K	$778K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.928	+0.133%	$325K	$942K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.908	−0.044%	$619K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.908	−0.050%	$251K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	10.929	+0.147%	$864K	$5.2M	50x	as long as short
Hyperliquid AVAX	+0.0196%	1h	10.929	+0.147%	$36.3M	$39.0M	10x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.920	+0.064%	$4.8M	$5.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.923	+0.094%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.917	+0.039%	$230K	—	120x	as long as short