Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: Polymarket Perps against Paradex+0.037%48s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: 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: Polymarket Perps is 0.037% dearer against Paradex than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex AVAX-USD-PERP	10.822	0.0096	pay 0.0096% / 8h	5h 27m	$12K	$62	20x
Short	Polymarket Perps AVAX-USD	10.826	0.0100	get 0.0013% / 1h	27m 44s	$62K	$364K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Paradex. 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 ParadexbpFee Polymarket PerpsbpOrdersPrice spread, now +0.037%Rate

Funding earned: $0.77
Price spread: +0.037% → 0.000%: $3.69
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$7.54
Costs to cover: 0.120%
Break-even: 75.6 days

Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 17 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 17 min ago	2.77 bp	6.8 bp −$7	8.4 bp −$84	doesn't fit	doesn't fit

Paradex: 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 exchanges

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
Variational Omni AVAX	−0.0150%	8h	10.806	−0.148%	$3.1M	$2.0M	—	as long as short
Gate AVAX_USDT	−0.0103%	8h	10.822	0.000%	$14.6M	$26.8M	75x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.831	+0.085%	$3.7M	$10.7M	50x	as long as short
Bybit AVAXUSDT	−0.0053%	8h	10.821	−0.009%	$84.3M	$131.0M	75x	as long as short
Phemex AVAXUSDT	−0.0033%	8h	10.825	+0.028%	$28.9M	$5.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.824	+0.017%	$92K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.829	+0.065%	$4.9M	$6.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.830	+0.070%	$23K	—	150x	as long as short
Nado AVAX-PERP	+0.0002%	1h	10.825	+0.032%	$277K	$289K	10x	as long as short
SoDEX AVAX-USD	+0.0004%	1h	10.828	+0.055%	$18K	$67K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.573%	$17K	$151K	12x	as long as short
OKX AVAX-USDT-SWAP	+0.0070%	8h	10.821	−0.009%	$19.1M	$99.9M	50x	as long as short
MEXC AVAX_USDT	+0.0091%	8h	10.827	+0.046%	$52.6M	$69.7M	200x	as long as short
Binance AVAXUSDT	+0.0091%	8h	10.826	+0.034%	$113.8M	$369.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.823	+0.011%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.829	+0.065%	$22K	$437K	50x	as long as short
Paradex AVAX-USD-PERPlong	+0.0096%	8h	10.822	long leg	$12K	$62	20x
Hyperliquid AVAX	+0.0100%	1h	10.833	+0.102%	$36.1M	$37.3M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.828	+0.055%	$2.2M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.831	+0.085%	$273K	$87K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.825	+0.028%	$14.1M	$18.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.820	−0.019%	$33.0M	$42.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.822	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.826	+0.037%	$394K	$566K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.812	−0.094%	$345K	$1.6M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.816	−0.056%	$154K	$678K	50x	as long as short
Polymarket Perps AVAX-USDshort	+0.0100%	1h	10.826	+0.037%	$62K	$364K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.833	+0.102%	$234K	$208K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.857	+0.326%	$12K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.822	+0.004%	$324K	$902K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.815	−0.061%	$616K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.823	+0.014%	$249K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.822	0.000%	$852K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0210%	8h	10.822	0.000%	$4.8M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.823	+0.009%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0464% / S −0.0317%	1h	10.820	−0.020%	$239K	—	120x	as long as short