Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.006%

Price spread now: SoDEX against Gate0.000%7-day average — · you sell dearer than you buy

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

Long on Gate Short on SoDEX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	10.727	0.0013	pay 0.0013% / 8h	13m 48s	$13.2M	$30.8M	75x
Short	SoDEX AVAX-USD	10.727	0.0100	get 0.0013% / 1h	13m 48s	$18K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $18.27
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$4.73
Costs to cover: 0.230%
Break-even: 8.8 days

Slippage unknown: Gate: live order book, 5 min ago; SoDEX: 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 Gate live order book, 5 min ago	0.94 bp	16.6 bp −$17	24.0 bp −$240	41.4 bp −$4,144	69.0 bp −$34.5K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0185%	1h	10.722	−0.047%	$290K	$329K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.727	−0.004%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0074%	8h	10.711	−0.151%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.718	−0.085%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.730	+0.028%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.730	+0.027%	$12K	—	150x	as long as short
Gate AVAX_USDTlong	+0.0013%	8h	10.727	long leg	$13.2M	$30.8M	75x
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.308%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0091%	8h	10.726	−0.011%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.717	−0.089%	$1.2M	$2.4M	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	10.722	−0.047%	$25K	$468K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.726	−0.009%	$36.8M	$41.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.719	−0.075%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.731	+0.036%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.716	−0.105%	$113.4M	$406.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.713	−0.131%	$81.8M	$139.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.718	−0.084%	$18.8M	$108.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.729	+0.019%	$52.7M	$80.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.729	+0.019%	$13.8M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.722	−0.047%	$32.6M	$46.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.725	−0.019%	—	$53.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.734	+0.065%	$437K	$546K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.702	−0.232%	$344K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.703	−0.224%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.724	−0.028%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.736	+0.084%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.754	+0.254%	$11K	$770K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	10.727	0.000%	$18K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	10.726	−0.005%	$327K	$859K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.726	−0.009%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.725	−0.019%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.725	−0.023%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.717	−0.093%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.733	+0.056%	$853K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.713	−0.135%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.719	−0.077%	$226K	—	120x	as long as short