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 +0.013%

Price spread now: KuCoin against OKX−0.029%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$500.505% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.029%, 7d avg +0.023%

Together, before fees+0.015%+$1 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 0.051% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVAX-USDT-SWAP	10.525	0.0100	pay 0.0100% / 8h	2h 23m	$18.5M	$111.3M	50x
Short	KuCoin AVAXUSDTM	10.522	0.0100	get 0.0100% / 8h	2h 23m	$13.1M	$22.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → +0.023%: −$5.12
Slippage, 4 orders: −$28.49
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$55.61
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from OKX: live order book, 6 min ago; KuCoin: live order book, 5 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, 6 min ago	0.47 bp	7.8 bp −$8	18.1 bp −$181	57.5 bp −$5,751	doesn't fit
Sell KuCoin live order book, 5 min ago	0.47 bp	14.6 bp −$15	27.6 bp −$276	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	−0.1423%	1h	10.760	+2.233%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0283%	1h	10.556	+0.297%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0052%	1h	10.532	+0.071%	$286K	$339K	10x	as long as short
Variational Omni AVAX	−0.0017%	8h	10.535	+0.093%	$2.7M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.534	+0.090%	$87K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.551	+0.247%	$4.7M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.528	+0.030%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0022%	8h	10.533	+0.076%	$12.1M	$32.7M	75x	as long as short
Backpack AVAX_USDC_PERP	+0.0028%	1h	10.550	+0.238%	$367K	$563K	15x	as long as short
Bybit AVAXUSDT	+0.0072%	8h	10.518	−0.067%	$77.7M	$144.9M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVAX-USD	+0.0082%	1h	10.524	−0.010%	$131K	$354K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.533	+0.074%	$1.1M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.529	+0.038%	$18K	$437K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.533	+0.073%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.534	+0.086%	$37.7M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.535	+0.100%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.538	+0.123%	$265K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.528	+0.029%	$112.1M	$430.8M	75x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0100%	8h	10.525	long leg	$18.5M	$111.3M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.527	+0.019%	$43.4M	$80.3M	200x	as long as short
KuCoin AVAXUSDTMshort	+0.0100%	8h	10.522	−0.029%	$13.1M	$22.8M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.523	−0.019%	$31.9M	$49.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.531	+0.057%	—	$54.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.547	+0.209%	$338K	$978K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.559	+0.323%	$170K	$662K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.553	+0.266%	$167K	$321K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.582	+0.537%	$12K	$758K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.552	+0.257%	$17K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.532	+0.068%	$342K	$803K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.552	+0.257%	$28.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.528	+0.025%	$634K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.550	+0.238%	$242K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.546	+0.200%	$826K	$4.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.543	+0.171%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.521	−0.035%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0271%	1h	10.548	+0.219%	$231K	—	120x	as long as short