Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.024%

Price spread now: gTrade (Gains Network) against KuCoin−0.009%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on gTrade (Gains Network)

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	KuCoin AVAXUSDTM	10.707	0.0100	pay 0.0100% / 8h	46m 11s	$13.7M	$22.3M	75x
Short	gTrade (Gains Network) AVAX/USD	10.706	L +0.0002% / S −0.0003%	get 0.0000% / 1h	46m 11s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. 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 KuCoinbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.009%Rate

Funding earned: −$20.36
Price spread: −0.009% → 0.000%: −$0.93
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.29
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; gTrade (Gains Network): 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 KuCoin live order book, 3 min ago	0.47 bp	14.4 bp −$14	29.6 bp −$296	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.0184%	1h	10.706	−0.005%	$3.8M	$11.8M	50x	as long as short
Nado AVAX-PERP	−0.0095%	1h	10.713	+0.056%	$281K	$332K	10x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.688	−0.174%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.714	+0.069%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.709	+0.019%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	10.706	−0.009%	$12K	—	150x
Gate AVAX_USDT	+0.0009%	8h	10.707	0.000%	$13.0M	$30.6M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.495%	$17K	$151K	12x	as long as short
Bybit AVAXUSDT	+0.0084%	8h	10.700	−0.065%	$81.6M	$141.8M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0086%	8h	10.709	+0.014%	$12K	$212	20x	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	10.707	−0.005%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.711	+0.037%	$25K	$473K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.713	+0.056%	$36.8M	$43.4M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.707	+0.003%	$2.2M	$969K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.716	+0.086%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.706	−0.006%	$113.3M	$415.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.701	−0.056%	$18.8M	$110.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.708	+0.009%	$46.0M	$79.0M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.707	long leg	$13.7M	$22.3M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.705	−0.019%	$32.4M	$47.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.704	−0.028%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.707	0.000%	$436K	$555K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.714	+0.062%	$344K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.724	+0.159%	$173K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.714	+0.065%	$135K	$346K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.721	+0.131%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.738	+0.291%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.707	0.000%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.709	+0.014%	$326K	$874K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.709	+0.019%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.701	−0.060%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.701	−0.056%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.711	+0.037%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.715	+0.075%	$853K	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.708	+0.011%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.716	+0.081%	$226K	—	120x	as long as short