Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h 0.000%

Price spread now: Gate against gTrade (Gains Network)−0.103%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 Gate

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—needs both histories

Funding pays, the price is against you. Gate is 0.103% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 33 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) AVAX/USD	10.681	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	1m 31s	$12K	—	150x
Short	Gate AVAX_USDT	10.670	0.0012	get 0.0012% / 8h	1h 01m	$12.9M	$32.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.103%Rate

Funding earned: $2.18
Price spread: −0.103% → 0.000%: −$10.3
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.12
Costs to cover: 0.250%
Break-even: 113.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago	1.40 bp	15.7 bp −$16	24.8 bp −$248	38.4 bp −$3,840	66.1 bp −$33.0K

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
Nado AVAX-PERP	−0.0194%	1h	10.670	−0.103%	$280K	$335K	10x	as long as short
Variational Omni AVAX	−0.0062%	8h	10.713	+0.296%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.679	−0.019%	$4.8M	$6.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.673	−0.073%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	10.681	long leg	$12K	—	150x
Gate AVAX_USDTshort	+0.0012%	8h	10.670	−0.103%	$12.9M	$32.5M	75x
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.740%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0073%	1h	10.678	−0.028%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0084%	8h	10.669	−0.110%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.665	−0.150%	$81.4M	$143.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.672	−0.086%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.667	−0.131%	$25K	$473K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.683	+0.019%	$37.1M	$43.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.678	−0.029%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.679	−0.015%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.669	−0.111%	$112.9M	$419.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.667	−0.131%	$18.7M	$110.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.672	−0.084%	$45.4M	$81.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.672	−0.084%	$13.6M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.672	−0.084%	$32.3M	$48.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.672	−0.084%	—	$54.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.675	−0.056%	$435K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.681	0.000%	$338K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.702	+0.197%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.679	−0.019%	$134K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.685	+0.037%	$230K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.710	+0.272%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.681	+0.005%	$325K	$886K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.681	0.000%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.667	−0.131%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.677	−0.038%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.678	−0.029%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.729	+0.449%	$853K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.675	−0.056%	$4.6M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.674	−0.067%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.681	+0.003%	$225K	—	120x	as long as short