Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.018%

Price spread now: Aster against SoDEX+0.024%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.024% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread 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	SoDEX AVAX-USD	10.678	0.0073	pay 0.0009% / 1h	1m 58s	$18K	$72K	10x
Short	Aster AVAXUSDT	10.681	0.0100	get 0.0100% / 8h	1h 01m	$2.2M	$1.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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 SoDEXbpFee AsterbpOrdersPrice spread, now +0.024%Rate

Funding earned: $5.66
Price spread: +0.024% → 0.000%: $2.4
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$7.94
Costs to cover: 0.160%
Break-even: 16.8 days

Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 1 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aster live order book, 1 min ago	2.34 bp	8.4 bp −$8	18.6 bp −$186	doesn't fit	doesn't fit

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 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	−0.0195%	1h	10.681	+0.033%	$280K	$335K	10x	as long as short
Variational Omni AVAX	−0.0062%	8h	10.713	+0.324%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.679	+0.009%	$4.8M	$6.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.679	+0.014%	$91K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.681	+0.028%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0014%	8h	10.673	−0.047%	$12.9M	$32.5M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.768%	$17K	$152K	12x	as long as short
SoDEX AVAX-USDlong	+0.0073%	1h	10.678	long leg	$18K	$72K	10x
Paradex AVAX-USD-PERP	+0.0083%	8h	10.677	−0.006%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0087%	8h	10.671	−0.066%	$81.4M	$143.5M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.678	+0.001%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.682	+0.037%	$25K	$473K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.679	+0.009%	$37.1M	$43.6M	10x	as long as short
Aster AVAXUSDTshort	+0.0100%	8h	10.681	+0.024%	$2.2M	$1.0M	75x
Pacifica AVAX	+0.0100%	1h	10.682	+0.040%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.674	−0.037%	$113.0M	$419.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.672	−0.056%	$18.7M	$110.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.674	−0.037%	$45.2M	$81.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.672	−0.056%	$13.6M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.674	−0.037%	$32.3M	$48.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.671	−0.066%	—	$54.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.675	−0.028%	$435K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.703	+0.236%	$339K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.702	+0.225%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.679	+0.009%	$134K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.685	+0.066%	$230K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.710	+0.300%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.681	+0.033%	$325K	$886K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.681	+0.028%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.669	−0.089%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.677	−0.010%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.678	0.000%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.729	+0.478%	$853K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.675	−0.028%	$4.6M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.674	−0.039%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.681	+0.031%	$225K	—	120x	as long as short