Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%

Price spread now: Binance against Gate+0.042%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 7 days−0.028%−$3 · spread now +0.042%, 7d avg +0.008%

Together, before fees+0.023%+$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: Binance is 0.034% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	11.011	0.0100	pay 0.0100% / 8h	3h 52m	$12.1M	$32.2M	75x
Short	Binance AVAXUSDT	11.016	0.0100	get 0.0100% / 8h	3h 52m	$116.2M	$428.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.008%: $3.38
Slippage, 4 orders: −$15.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$36.86
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Binance: live order book, 6 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 Gate live order book, 1 min ago	1.36 bp	12.3 bp −$12	21.7 bp −$217	41.7 bp −$4,166	70.4 bp −$35.2K
Sell Binance live order book, 6 min ago	0.46 bp	6.1 bp −$6	10.9 bp −$109	29.8 bp −$2,983	112.6 bp −$56.3K

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	−0.1421%	1h	10.950	−0.554%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0022%	1h	11.012	+0.009%	$5.1M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0004%	1h	11.007	−0.041%	$286K	$318K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.016	+0.041%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.013	+0.019%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	11.015	+0.039%	$4.3M	$11.3M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.007	−0.039%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.018	+0.064%	$15K	$458K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.017	+0.051%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.011	−0.002%	$2.2M	$1.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.015	+0.037%	$277K	$129K	10x	as long as short
Binance AVAXUSDTshort	+0.0100%	8h	11.016	+0.042%	$116.2M	$428.5M	75x
Bybit AVAXUSDT	+0.0100%	8h	11.011	0.000%	$84.3M	$140.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.016	+0.045%	$20.2M	$114.3M	50x	as long as short
Gate AVAX_USDTlong	+0.0100%	8h	11.011	long leg	$12.1M	$32.2M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.014	+0.027%	$46.0M	$78.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.011	0.000%	$15.5M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.014	+0.027%	$33.1M	$47.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.015	+0.036%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.014	+0.027%	$369K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.987	−0.222%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.988	−0.209%	$345K	$891K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.012	+0.009%	$177K	$670K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.014	+0.027%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.021	+0.091%	$194K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.030	+0.173%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.012	+0.009%	$19K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.012	+0.014%	$366K	$791K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.014	+0.027%	$29.4M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.013	+0.018%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.007	−0.038%	$253K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.013	+0.018%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.007	−0.036%	$896K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.008	−0.025%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0365%	1h	11.021	+0.091%	$42.8M	$41.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.013	+0.016%	$234K	—	120x	as long as short