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 +0.011%

Price spread now: SunX against Bitget+0.297%7-day average +0.300% · you sell dearer than you buy

Net, funding: paid 7d − costs−$168as in the Funding arb table

Net, price: spread back to 7d avg − costs−$173as in the Price arb table

costs, in and out, $10k−$1731.731% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.055%+$5 on $10k

Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.297%, 7d avg +0.300%

Together, before fees−0.164%−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget AVAXUSDT	10.938	0.0100	pay 0.0100% / 8h	3h 27m	$33.0M	$47.6M	75x
Short	SunX AVAX-USDT	10.970	0.0100	get 0.0100% / 8h	3h 27m	$11K	$722K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.297%Rate

Funding earned: $0
Price spread: +0.297% → +0.300%: −$0.28
Slippage, 4 orders: −$153.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$173.43
Costs to cover: 1.731%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; SunX: live order book, 54 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, 2 min ago	0.46 bp	7.8 bp −$8	13.5 bp −$135	26.8 bp −$2,675	doesn't fit
Sell SunX live order book, 54 min ago	41.87 bp	101.2 bp −$101	doesn't fit	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
Injective AVAX/USDC PERP	−0.1421%	1h	10.900	−0.347%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.940	+0.018%	$96K	$97K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.938	0.000%	$5.0M	$7.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.937	−0.009%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.941	+0.029%	$4.2M	$11.2M	50x	as long as short
Nado AVAX-PERP	+0.0029%	1h	10.941	+0.023%	$284K	$318K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.939	+0.008%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.941	+0.027%	$15K	$452K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.941	+0.024%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.942	+0.037%	$2.2M	$1.1M	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	10.942	+0.038%	$276K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.938	0.000%	$115.0M	$426.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.933	−0.046%	$83.2M	$140.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.938	0.000%	$19.9M	$112.7M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.937	−0.009%	$12.1M	$32.4M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.939	+0.009%	$45.4M	$78.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.941	+0.027%	$15.2M	$21.7M	75x	as long as short
Bitget AVAXUSDTlong	+0.0100%	8h	10.938	long leg	$33.0M	$47.6M	75x
BingX AVAX-USDT	+0.0100%	8h	10.938	0.000%	—	$54.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.939	+0.009%	$372K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.947	+0.078%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.942	+0.040%	$345K	$939K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.950	+0.110%	$176K	$667K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.942	+0.037%	$128K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.943	+0.046%	$192K	$310K	20x	as long as short
SunX AVAX-USDTshort	+0.0100%	8h	10.970	+0.297%	$11K	$722K	20x
SoDEX AVAX-USD	+0.0100%	1h	10.938	0.000%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.938	−0.004%	$364K	$780K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.939	+0.009%	$29.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.934	−0.034%	$675K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.935	−0.027%	$251K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.938	0.000%	$4.9M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.943	+0.046%	$890K	$5.1M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.939	+0.005%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0304%	1h	10.952	+0.128%	$42.0M	$41.4M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.939	+0.005%	$232K	—	120x	as long as short