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 +0.018%

Price spread now: HTX against OKX+0.040%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$970.974% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$9 on $10k

Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.040%, 7d avg +0.017%

Together, before fees−0.033%−$3 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: HTX is 0.024% dearer against OKX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVAX-USDT-SWAP	11.159	0.0100	pay 0.0100% / 8h	7h 24m	$20.0M	$132.6M	50x
Short	HTX AVAX-USDT	11.164	0.0100	get 0.0100% / 8h	7h 24m	$362K	$945K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.017%: $2.36
Slippage, 4 orders: −$75.45
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$95.09
Costs to cover: 0.974%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; HTX: live order book, 34 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 OKX live order book, 5 min ago	0.45 bp	8.3 bp −$8	15.8 bp −$158	doesn't fit	doesn't fit
Sell HTX live order book, 34 min ago	27.31 bp	33.4 bp −$33	82.1 bp −$821	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	11.090	−0.618%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0108%	1h	11.161	+0.018%	$5.3M	$8.5M	25x	as long as short
Nado AVAX-PERP	−0.0047%	1h	11.158	−0.009%	$293K	$829K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.162	+0.026%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.164	+0.041%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.164	+0.047%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.153	−0.054%	$17K	$614K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.161	+0.018%	$13K	$405	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.163	+0.038%	$2.3M	$1.6M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.162	+0.029%	$296K	$100K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.162	+0.027%	$119.0M	$481.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.161	+0.018%	$88.8M	$148.5M	75x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0100%	8h	11.159	long leg	$20.0M	$132.6M	50x
Gate AVAX_USDT	+0.0100%	8h	11.162	+0.027%	$12.2M	$38.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.161	+0.018%	$48.9M	$88.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.165	+0.054%	$15.4M	$23.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.160	+0.009%	$33.8M	$54.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.159	0.000%	—	$84.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.160	+0.009%	$357K	$551K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.181	+0.194%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.162	+0.030%	$352K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.163	+0.036%	$179K	$689K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.162	+0.027%	$131K	$373K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.169	+0.090%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.193	+0.305%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.164	+0.045%	$19K	$72K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	11.164	+0.040%	$362K	$945K	75x
Phemex AVAXUSDT	+0.0100%	8h	11.164	+0.045%	$29.9M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.161	+0.018%	$670K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.158	−0.009%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.167	+0.072%	$4.3M	$12.6M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.170	+0.099%	$5.0M	$6.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.158	−0.006%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.179	+0.179%	$909K	$6.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0298%	1h	11.163	+0.035%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0686%	1h	11.178	+0.170%	$43.6M	$49.5M	10x	as long as short