Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0007%/8h= −0.7% APRpaid last 24h +0.008%

Price spread now: Paradex against Extended−0.031%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	10.721	0.0104	pay 0.0013% / 1h	1m 45s	$615K	$1.5M	25x
Short	Paradex AVAX-USD-PERP	10.718	0.0097	get 0.0097% / 8h	2h 01m	$12K	$212	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$1.43
Price spread: −0.031% → 0.000%: −$3.14
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$13.57
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 2 min ago; Paradex: 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 Extended live order book, 2 min ago	0.47 bp	5.5 bp −$5	7.7 bp −$77	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 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	−0.1423%	1h	10.760	+0.361%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.728	+0.060%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0103%	1h	10.713	−0.073%	$287K	$340K	10x	as long as short
Variational Omni AVAX	−0.0030%	8h	10.729	+0.068%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.725	+0.037%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.724	+0.025%	$4.8M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.722	+0.002%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0040%	8h	10.724	+0.025%	$12.6M	$33.3M	75x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.718	−0.031%	$82.2M	$149.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.722	+0.005%	$1.2M	$2.6M	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	10.721	−0.003%	$18K	$432K	50x	as long as short
Paradex AVAX-USD-PERPshort	+0.0097%	8h	10.718	−0.031%	$12K	$212	20x
Hyperliquid AVAX	+0.0100%	1h	10.733	+0.109%	$37.6M	$44.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.721	0.000%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.722	+0.010%	$268K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.721	−0.005%	$114.2M	$432.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.714	−0.068%	$18.8M	$114.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.719	−0.022%	$45.5M	$81.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.721	−0.003%	$13.3M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.724	+0.025%	$32.5M	$49.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.724	+0.025%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.728	+0.062%	$428K	$589K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.721	−0.004%	$335K	$999K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.743	+0.202%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.722	+0.006%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.727	+0.053%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.744	+0.211%	$11K	$767K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.724	+0.025%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.725	+0.030%	$343K	$879K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.727	+0.053%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.721	long leg	$615K	$1.5M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.718	−0.034%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.738	+0.155%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.727	+0.053%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.719	−0.026%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.721	−0.002%	$227K	—	120x	as long as short