Funding arb · Price arb /

AVAX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%

Price spread now: SoDEX against Pacifica+0.160%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on SoDEX

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.160% dearer against Pacifica than usual: you sell high and buy low, +$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.122	0.0100	pay 0.0013% / 1h	53m 44s	$290K	$113K	10x
Short	SoDEX AVAX-USD	11.140	0.0100	get 0.0013% / 1h	53m 44s	$19K	$72K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.160%Rate

Funding earned: $0
Price spread: +0.160% → 0.000%: $16.03
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $0.03
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Pacifica: live order book, 10 min ago; SoDEX: 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 Pacifica live order book, 10 min ago	4.48 bp	8.5 bp −$8	17.2 bp −$172	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 35 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	−0.1374%	1h	11.060	−0.559%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0075%	1h	11.120	−0.015%	$286K	$453K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0019%	1h	11.141	+0.169%	$5.2M	$8.0M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.115	−0.060%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.137	+0.136%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.141	+0.167%	$4.3M	$11.6M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.135	+0.112%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.123	+0.007%	$15K	$566K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.118	−0.037%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.135	+0.119%	$2.3M	$1.2M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXlong	+0.0100%	1h	11.122	long leg	$290K	$113K	10x
Binance AVAXUSDT	+0.0100%	8h	11.137	+0.130%	$118.9M	$440.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.136	+0.124%	$88.4M	$139.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.136	+0.124%	$20.0M	$120.0M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.132	+0.088%	$12.1M	$34.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.133	+0.097%	$48.4M	$78.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.138	+0.142%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.138	+0.142%	$33.4M	$49.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.138	+0.142%	—	$82.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.136	+0.124%	$356K	$499K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.151	+0.256%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.099	−0.208%	$351K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.104	−0.163%	$178K	$680K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.132	+0.088%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.148	+0.232%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.148	+0.231%	$12K	$702K	20x	as long as short
SoDEX AVAX-USDshort	+0.0100%	1h	11.140	+0.160%	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.131	+0.079%	$361K	$853K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.130	+0.070%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.130	+0.074%	$671K	$1.6M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.136	+0.122%	$256K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.144	+0.196%	$904K	$5.6M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.130	+0.067%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0334%	1h	11.151	+0.260%	$43.4M	$43.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.137	+0.131%	$236K	—	120x	as long as short