Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.006%

Price spread now: KuCoin against Extended+0.039%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days+0.012%+$1 · spread now +0.039%, 7d avg +0.074%

Together, before fees+0.016%+ Points / potential airdropExtended: Active · farm board+$2 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 0.036% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	10.714	0.0104	pay 0.0013% / 1h	4m 57s	$605K	$1.4M	25x
Short	KuCoin AVAXUSDTM	10.718	0.0100	get 0.0100% / 8h	4m 57s	$13.8M	$21.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$0.84
Price spread: +0.039% → +0.074%: −$3.55
Slippage, 4 orders: −$24.8
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.19
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; KuCoin: 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 Extended live order book, 3 min ago	0.93 bp	4.3 bp −$4	6.3 bp −$63	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.93 bp	13.3 bp −$13	27.1 bp −$271	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	−0.0206%	1h	10.713	−0.008%	$289K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.720	+0.056%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.707	−0.064%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.713	−0.013%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.721	+0.067%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.719	+0.044%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0011%	8h	10.718	+0.039%	$13.3M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.431%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.707	−0.061%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.715	+0.011%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.713	−0.008%	$25K	$466K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.729	+0.141%	$36.8M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.718	+0.042%	$2.2M	$888K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.714	+0.001%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.718	+0.034%	$113.4M	$403.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.715	+0.011%	$81.9M	$139.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.717	+0.029%	$18.8M	$107.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.716	+0.020%	$52.9M	$80.9M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	10.718	+0.039%	$13.8M	$21.5M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.718	+0.039%	$32.8M	$46.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.717	+0.029%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.720	+0.057%	$436K	$547K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	+0.024%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.719	+0.048%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.716	+0.020%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.723	+0.085%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.739	+0.230%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.715	+0.011%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.713	−0.003%	$326K	$857K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.716	+0.020%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.714	long leg	$605K	$1.4M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.712	−0.022%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.713	−0.008%	$4.7M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.719	+0.048%	$851K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.712	−0.021%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.718	+0.039%	$226K	—	120x	as long as short