Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.011%

Price spread now: gTrade (Gains Network) against OKX+0.005%7-day average — · you sell dearer than you buy

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

Long on OKX 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	OKX AVAX-USDT-SWAP	10.719	0.0100	pay 0.0100% / 8h	2h 03m	$18.8M	$114.3M	50x
Short	gTrade (Gains Network) AVAX/USD	10.720	L +0.0002% / S −0.0003%	get 0.0000% / 1h	3m 20s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. 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 OKXbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.005%Rate

Funding earned: −$20.36
Price spread: +0.005% → 0.000%: $0.47
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$39.89
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 6 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 OKX live order book, 6 min ago	0.47 bp	8.4 bp −$8	20.7 bp −$207	62.3 bp −$6,227	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
Injective AVAX/USDC PERP	−0.1423%	1h	10.760	+0.382%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.728	+0.084%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0100%	1h	10.723	+0.042%	$287K	$340K	10x	as long as short
Variational Omni AVAX	−0.0030%	8h	10.729	+0.090%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.731	+0.116%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.724	+0.047%	$4.8M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	10.720	+0.005%	$12K	—	150x
Gate AVAX_USDT	+0.0043%	8h	10.719	0.000%	$12.6M	$33.2M	75x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.719	0.000%	$82.3M	$149.0M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.726	+0.069%	$1.2M	$2.6M	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	10.718	−0.009%	$18K	$431K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0097%	8h	10.722	+0.026%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.728	+0.084%	$37.6M	$44.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.720	+0.009%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.728	+0.084%	$269K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.719	0.000%	$114.4M	$433.2M	75x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0100%	8h	10.719	long leg	$18.8M	$114.3M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.719	0.000%	$45.6M	$81.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.720	+0.009%	$13.3M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.720	+0.009%	$32.5M	$49.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.718	−0.009%	—	$54.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.728	+0.084%	$428K	$589K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.721	+0.018%	$335K	$999K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.743	+0.224%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.720	+0.009%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.727	+0.075%	$231K	$352K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.750	+0.289%	$11K	$767K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.723	+0.037%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.724	+0.047%	$344K	$879K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.722	+0.028%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.718	−0.011%	$615K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.723	+0.042%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.738	+0.177%	$934K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.735	+0.149%	$4.6M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.716	−0.032%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.719	+0.003%	$227K	—	120x	as long as short