Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.8% APRpaid last 24h +0.024%

Price spread now: KuCoin against gTrade (Gains Network)+0.121%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on KuCoin

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.121% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$12 more if the spread 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	gTrade (Gains Network) AVAX/USD	10.661	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	34m 54s	$12K	—	150x
Short	KuCoin AVAXUSDTM	10.674	0.0100	get 0.0100% / 8h	34m 54s	$13.6M	$22.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.121%Rate

Funding earned: $20.66
Price spread: +0.121% → 0.000%: $12.1
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $10.76
Costs to cover: 0.220%
Break-even: 3.4 days

Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago	0.47 bp	15.8 bp −$16	26.1 bp −$261	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
Kraken Futures PF_AVAXUSD	−0.0185%	1h	10.662	+0.010%	$3.8M	$11.7M	50x	as long as short
Nado AVAX-PERP	−0.0137%	1h	10.650	−0.104%	$288K	$335K	10x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.652	−0.081%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.661	−0.001%	$4.8M	$6.9M	25x	as long as short
Gate AVAX_USDT	−0.0005%	8h	10.661	−0.001%	$13.0M	$30.7M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.658	−0.030%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	10.661	long leg	$12K	—	150x
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.928%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0086%	8h	10.650	−0.109%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.672	+0.102%	$81.4M	$140.9M	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	10.658	−0.025%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.652	−0.085%	$25K	$469K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.679	+0.168%	$36.7M	$43.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.670	+0.083%	$2.2M	$904K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.659	−0.015%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.675	+0.128%	$112.8M	$412.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.671	+0.093%	$18.7M	$108.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.671	+0.093%	$45.3M	$79.6M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	10.674	+0.121%	$13.6M	$22.1M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.673	+0.112%	$32.4M	$47.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.665	+0.037%	—	$54.1M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.671	+0.093%	$435K	$554K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.674	+0.117%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.663	+0.018%	$172K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.660	−0.010%	$134K	$329K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.666	+0.046%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.681	+0.188%	$11K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.662	+0.008%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.664	+0.023%	$325K	$867K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.662	+0.008%	$28.4M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.668	+0.061%	$607K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.530	−1.225%	$242K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.663	+0.018%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.667	+0.055%	$849K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.654	−0.062%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.661	−0.005%	$225K	—	120x	as long as short