Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0065%/8hnext payment +$0.65 per $10,000 · paid last 24h +0.010%

Price spread now: KuCoin against MEXC+0.036%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.036%, 7d avg −0.006%

Together, before fees−0.105%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.043% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC AVAX_USDT	10.995	0.0035	pay 0.0035% / 8h	4h 21m	$49.9M	$114.9M	200x
Short	KuCoin AVAXUSDTM	10.999	0.0100	get 0.0100% / 8h	4h 21m	$15.5M	$25.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.036%Rate

Funding earned: $13.65
Price spread: +0.036% → −0.006%: $4.28
Slippage, 4 orders: −$21.9
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$15.97
Costs to cover: 0.339%
Break-even: 15.2 days

Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 11 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 MEXC live order book, 2 min ago	0.46 bp	1.0 bp −$1	2.1 bp −$21	14.7 bp −$1,475	92.0 bp −$46.0K
Sell KuCoin live order book, 11 min ago	1.37 bp	18.4 bp −$18	32.8 bp −$328	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
Nado AVAX-PERP	−0.0302%	1h	10.997	+0.018%	$315K	$968K	10x	as long as short
Variational Omni AVAX	−0.0276%	8h	10.965	−0.269%	$2.9M	$2.0M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0204%	1h	11.002	+0.064%	$5.2M	$10.0M	25x	as long as short
Bybit AVAXUSDT	−0.0094%	8h	10.994	−0.009%	$86.1M	$149.1M	75x	as long as short
OKX AVAX-USDT-SWAP	−0.0066%	8h	10.995	0.000%	$19.2M	$145.3M	50x	as long as short
Gate AVAX_USDT	−0.0056%	8h	10.998	+0.027%	$12.0M	$40.3M	75x	as long as short
Backpack AVAX_USDC_PERP	−0.0042%	1h	11.001	+0.055%	$297K	$543K	15x	as long as short
SoDEX AVAX-USD	−0.0027%	1h	10.999	+0.036%	$18K	$72K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.004	+0.077%	$84K	$157K	10x	as long as short
Coinbase International AVAX-PERP-INTX	0.0000%	1h	11.003	+0.073%	$811K	$8.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.005	+0.088%	$12K	—	150x	as long as short
Phemex AVAXUSDT	+0.0017%	8h	11.000	+0.045%	$29.5M	$4.9M	50x	as long as short
Bitget AVAXUSDT	+0.0028%	8h	10.998	+0.027%	$33.7M	$63.4M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.970	−0.227%	$17K	$68K	12x	as long as short
BingX AVAX-USDC	+0.0034%	8h	10.997	+0.018%	—	$6.5M	—	as long as short
MEXC AVAX_USDTlong	+0.0035%	8h	10.995	long leg	$49.9M	$114.9M	200x
Binance AVAXUSDT	+0.0036%	8h	10.997	+0.018%	$117.7M	$550.4M	75x	as long as short
Aster AVAXUSDT	+0.0038%	8h	11.000	+0.046%	$2.2M	$2.0M	75x	as long as short
Extended AVAX-USD	+0.0040%	1h	10.994	−0.008%	$647K	$2.3M	25x	as long as short
Paradex AVAX-USD-PERP	+0.0060%	8h	11.001	+0.052%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0072%	1h	10.994	−0.010%	$1.2M	$3.1M	10x	as long as short
Aevo AVAX-PERP	+0.0088%	1h	10.997	+0.014%	$253K	—	3x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.997	+0.018%	$16K	$740K	50x	as long as short
Pacifica AVAX	+0.0100%	1h	11.002	+0.060%	$297K	$136K	10x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	10.999	+0.036%	$15.5M	$25.3M	75x
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.973	−0.200%	$351K	$819K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.976	−0.173%	$177K	$705K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.998	+0.027%	$114K	$473K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.005	+0.091%	$207K	$328K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.022	+0.248%	$11K	$694K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.996	+0.014%	$349K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0143%	8h	10.992	−0.027%	$5.0M	$9.3M	100x	as long as short
Hyperliquid AVAX	+0.0176%	1h	11.011	+0.146%	$40.9M	$59.6M	10x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	10.992	−0.025%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0339%	1h	11.009	+0.129%	$4.6M	$14.1M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0409% / S −0.0244%	1h	11.003	+0.077%	$237K	—	120x	as long as short