Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.020%

Price spread now: Aster against gTrade (Gains Network)−0.040%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AVAX/USD	10.591	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	30m 23s	$12K	—	150x
Short	Aster AVAXUSDT	10.587	0.0100	get 0.0100% / 8h	2h 30m	$2.1M	$1.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee AsterbpOrdersPrice spread, now −0.040%Rate

Funding earned: $20.66
Price spread: −0.040% → 0.000%: −$3.95
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1.29
Costs to cover: 0.180%
Break-even: 7.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Aster: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	1.89 bp	9.4 bp −$9	19.1 bp −$191	doesn't fit	doesn't fit

gTrade (Gains Network): 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	+1.592%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0282%	1h	10.584	−0.072%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0046%	1h	10.584	−0.070%	$289K	$338K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0033%	1h	10.582	−0.089%	$4.7M	$7.5M	25x	as long as short
Variational Omni AVAX	−0.0006%	8h	10.571	−0.194%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.584	−0.066%	$88K	$117K	10x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	10.591	long leg	$12K	—	150x
Gate AVAX_USDT	+0.0026%	8h	10.591	−0.004%	$12.1M	$32.6M	75x	as long as short
Polymarket Perps AVAX-USD	+0.0076%	1h	10.588	−0.032%	$132K	$355K	10x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.584	−0.070%	$78.3M	$144.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0096%	8h	10.588	−0.036%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.576	−0.147%	$1.2M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.580	−0.108%	$19K	$443K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.599	+0.072%	$37.8M	$43.6M	10x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	10.587	−0.040%	$2.1M	$1.1M	75x
Pacifica AVAX	+0.0100%	1h	10.583	−0.081%	$266K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.592	+0.006%	$112.5M	$430.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.588	−0.032%	$18.6M	$111.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.593	+0.015%	$42.5M	$79.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.588	−0.032%	$13.2M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.587	−0.042%	$31.9M	$49.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.589	−0.023%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.581	−0.098%	$368K	$537K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.607	+0.147%	$336K	$958K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.612	+0.194%	$171K	$662K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.587	−0.042%	$167K	$339K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.607	+0.143%	$11K	$757K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.577	−0.136%	$17K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.583	−0.078%	$343K	$803K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.584	−0.070%	$28.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.569	−0.210%	$638K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.583	−0.079%	$243K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.580	−0.108%	$829K	$4.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.586	−0.051%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.590	−0.014%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0278%	1h	10.593	+0.019%	$229K	—	120x	as long as short