Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Pacifica+0.187%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1231.235% of the position

Long on Pacifica Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.253%−$25 · spread now +0.187%, 7d avg −0.027%

Together, before fees−0.253%+ Points / potential airdropPacifica: Active · farm board−$25 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 0.215% dearer against Pacifica than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	10.729	0.0100	pay 0.0013% / 1h	49m 23s	$269K	$132K	10x
Short	HTX AVAX-USDT	10.749	0.0100	get 0.0100% / 8h	1h 49m	$344K	$874K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Pacifica. 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 PacificabpFee HTXbpOrdersPrice spread, now +0.187%Rate

Funding earned: $0
Price spread: +0.187% → −0.027%: $21.46
Slippage, 4 orders: −$103.46
Fee Pacifica: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$102
Costs to cover: 1.235%
Break-even: never at this rate

Slippage from Pacifica: live order book, 59 min ago; HTX: live order book, 64 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 Pacifica live order book, 59 min ago	5.19 bp	9.3 bp −$9	17.9 bp −$179	doesn't fit	doesn't fit
Sell HTX live order book, 64 min ago	24.18 bp	46.7 bp −$47	143.9 bp −$1,439	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	−0.0192%	1h	10.709	−0.191%	$287K	$339K	10x	as long as short
Variational Omni AVAX	−0.0038%	8h	10.723	−0.058%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.732	+0.027%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.743	+0.130%	$4.8M	$7.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.717	−0.112%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.289%	$17K	$152K	12x	as long as short
Gate AVAX_USDT	+0.0035%	8h	10.714	−0.140%	$12.7M	$32.0M	75x	as long as short
Bybit AVAXUSDT	+0.0093%	8h	10.711	−0.168%	$81.8M	$147.3M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0095%	8h	10.726	−0.027%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.725	−0.037%	$1.2M	$2.5M	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	−0.103%	$23K	$428K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.720	−0.084%	$37.5M	$43.9M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.716	−0.119%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAXlong	+0.0100%	1h	10.729	long leg	$269K	$132K	10x
Binance AVAXUSDT	+0.0100%	8h	10.712	−0.154%	$113.9M	$428.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.707	−0.205%	$18.7M	$113.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.712	−0.158%	$44.8M	$80.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.713	−0.149%	$13.6M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.712	−0.158%	$32.5M	$48.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.711	−0.168%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.743	+0.130%	$429K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.716	−0.124%	$340K	$1.0M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.722	−0.065%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.714	−0.140%	$136K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.720	−0.084%	$231K	$351K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.769	+0.374%	$12K	$764K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.741	+0.112%	$18K	$72K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	10.749	+0.187%	$344K	$874K	75x
Phemex AVAXUSDT	+0.0100%	8h	10.740	+0.103%	$28.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.715	−0.134%	$612K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.707	−0.204%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.746	+0.155%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.714	−0.140%	$932K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.728	−0.009%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.710	−0.174%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.716	−0.119%	$227K	—	120x	as long as short