Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%

Price spread now: Gate against SoDEX−0.009%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Gate

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—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	11.182	0.0100	pay 0.0013% / 1h	26m 09s	$19K	$72K	10x
Short	Gate AVAX_USDT	11.181	0.0100	get 0.0100% / 8h	7h 26m	$12.2M	$38.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → 0.000%: −$0.89
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$23.89
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago	1.79 bp	15.1 bp −$15	22.2 bp −$222	39.5 bp −$3,949	67.6 bp −$33.8K

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
Injective AVAX/USDC PERP	−0.1363%	1h	11.090	−0.823%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0048%	1h	11.184	+0.022%	$293K	$829K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0018%	1h	11.180	−0.018%	$5.3M	$8.6M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.184	+0.021%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.182	−0.002%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.182	−0.002%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.182	0.000%	$17K	$618K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.185	+0.031%	$13K	$440	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.179	−0.026%	$2.3M	$1.6M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.186	+0.036%	$297K	$100K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.182	+0.004%	$119.1M	$482.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.179	−0.027%	$89.0M	$148.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.176	−0.054%	$20.0M	$133.0M	50x	as long as short
Gate AVAX_USDTshort	+0.0100%	8h	11.181	−0.009%	$12.2M	$38.2M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.180	−0.018%	$49.1M	$88.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.183	+0.009%	$15.4M	$23.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.179	−0.027%	$33.9M	$54.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.176	−0.054%	—	$84.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.176	−0.054%	$357K	$551K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.181	−0.012%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.149	−0.297%	$359K	$851K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.139	−0.385%	$179K	$689K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.183	+0.009%	$131K	$373K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.189	+0.063%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.212	+0.269%	$11K	$721K	20x	as long as short
SoDEX AVAX-USDlong	+0.0100%	1h	11.182	long leg	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.182	+0.004%	$362K	$950K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.182	0.000%	$30.0M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.180	−0.018%	$670K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.180	−0.018%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0215%	1h	11.186	+0.037%	$4.3M	$12.6M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.154	−0.250%	$5.0M	$6.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.176	−0.051%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.173	−0.080%	$908K	$6.8M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0298%	1h	11.181	−0.007%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0689%	1h	11.200	+0.161%	$43.7M	$51.1M	10x	as long as short