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 −0.005%

Price spread now: KuCoin against HTX−0.109%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1131.126% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.113%−$11 on $10k

Price spread, last 3 days (all we have)+0.217%+$22 · spread now −0.109%, 7d avg +0.019%

Together, before fees+0.104%+$10 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: KuCoin is 0.127% cheaper against HTX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX AVAX-USDT	11.135	0.0100	pay 0.0100% / 8h	7h 49m	$360K	$977K	75x
Short	KuCoin AVAXUSDTM	11.123	0.0100	get 0.0100% / 8h	7h 49m	$15.5M	$23.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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 HTXbpFee KuCoinbpOrdersPrice spread, now −0.109%Rate

Funding earned: $0
Price spread: −0.109% → +0.019%: −$12.72
Slippage, 4 orders: −$88.58
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$125.3
Costs to cover: 1.126%
Break-even: never at this rate

Slippage from HTX: live order book, 9 min ago; KuCoin: live order book, 9 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 HTX live order book, 9 min ago	27.31 bp	44.9 bp −$45	119.1 bp −$1,191	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	0.44 bp	18.0 bp −$18	36.9 bp −$369	doesn't fit	doesn't fit

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	−0.1363%	1h	11.110	−0.225%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0199%	1h	11.122	−0.118%	$5.3M	$8.8M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.140	+0.045%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.133	−0.019%	$13K	—	150x	as long as short
Nado AVAX-PERP	+0.0005%	1h	11.135	−0.001%	$292K	$859K	10x	as long as short
Gate AVAX_USDT	+0.0088%	8h	11.121	−0.127%	$12.2M	$37.9M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.123	−0.107%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.134	−0.010%	$18K	$647K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.134	−0.014%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.120	−0.136%	$2.3M	$1.7M	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	11.141	+0.053%	$296K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.118	−0.156%	$118.8M	$503.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.118	−0.154%	$88.5M	$152.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.117	−0.163%	$20.0M	$138.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.120	−0.136%	$48.5M	$88.1M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	11.123	−0.109%	$15.5M	$23.7M	75x
Bitget AVAXUSDT	+0.0100%	8h	11.116	−0.172%	$33.7M	$56.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.120	−0.136%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.121	−0.127%	$356K	$565K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.152	+0.150%	$3.0M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.192	+0.512%	$361K	$863K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.196	+0.547%	$180K	$689K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.137	+0.017%	$131K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.136	+0.008%	$198K	$307K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.166	+0.275%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.120	−0.136%	$19K	$72K	10x	as long as short
HTX AVAX-USDTlong	+0.0100%	8h	11.135	long leg	$360K	$977K	75x
Phemex AVAXUSDT	+0.0100%	8h	11.125	−0.091%	$29.9M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.115	−0.183%	$666K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.128	−0.060%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.124	−0.103%	$4.3M	$13.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.148	+0.116%	$5.0M	$6.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.133	−0.016%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.131	−0.037%	$901K	$7.3M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0260%	1h	11.132	−0.030%	$249K	—	120x	as long as short
Hyperliquid AVAX	+0.0643%	1h	11.140	+0.044%	$43.5M	$53.7M	10x	as long as short