Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.015%
Price spread now: OKX against Bybit+0.009%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.350% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.009%, 7d avg +0.005%
Together, before fees+0.008%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AVAXUSDT10.6580.0089pay 0.0089% / 8h36m 56s$81.3M$141.0M75x
ShortOKX AVAX-USDT-SWAP10.6590.0100get 0.0100% / 8h36m 56s$18.7M$108.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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

Funding earned
$2.3
Price spread: +0.009% → +0.005%
$0.46
Slippage, 4 orders
−$14.04
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$32.28
Costs to cover
0.350%
Break-even
105.3 days
Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago0.47 bp9.6 bp −$1016.0 bp −$16041.2 bp −$4,121doesn't fit
Sell OKX live order book, 2 min ago0.47 bp8.8 bp −$916.0 bp −$16048.1 bp −$4,811doesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AVAXUSD−0.0185%1h10.659+0.009%$3.8M$11.7M50xas long as short
Nado AVAX-PERP−0.0137%1h10.654−0.038%$288K$336K10xas long as short
Variational Omni AVAX−0.0074%8h10.700+0.398%$2.9M$2.2Mas long as short
Deribit AVAX_USDC-PERPETUAL−0.0031%1h10.661+0.028%$4.8M$6.9M25xas long as short
Gate AVAX_USDT−0.0001%8h10.663+0.047%$13.0M$30.7M75xas long as short
dYdX AVAX-USD0.0000%1h10.665+0.070%$91K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.662+0.039%$12K150xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.957%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0086%8h10.663+0.046%$12K$21220xas long as short
Bybit AVAXUSDTlong+0.0089%8h10.658long leg$81.3M$141.0M75x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.657−0.009%$1.2M$2.4M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.657−0.009%$25K$469K50xas long as short
Hyperliquid AVAX+0.0100%1h10.669+0.102%$36.6M$43.0M10xas long as short
Aster AVAXUSDT+0.0100%8h10.668+0.096%$2.2M$904K75xas long as short
Pacifica AVAX+0.0100%1h10.670+0.110%$268K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.662+0.039%$112.9M$412.6M75xas long as short
OKX AVAX-USDT-SWAPshort+0.0100%8h10.659+0.009%$18.7M$108.8M50x
MEXC AVAX_USDT+0.0100%8h10.666+0.075%$45.5M$79.5M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.664+0.056%$13.7M$22.1M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.663+0.047%$32.3M$47.4M75xas long as short
BingX AVAX-USDC+0.0100%8h10.662+0.038%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.665+0.066%$435K$554K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.674+0.146%$342K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.711+0.497%$173K$660K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.662+0.038%$134K$329K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.668+0.094%$231K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.695+0.349%$12K$769K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.660+0.019%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.659+0.005%$324K$867K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.659+0.009%$28.4M$5.7M50xas long as short
Extended AVAX-USD+0.0104%1h10.658+0.001%$607K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.627−0.295%$244K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.663+0.047%$4.6M$5.5M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0224%1h10.671+0.122%$849K$4.7M50xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.656−0.015%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.662+0.041%$225K120xas long as short