Funding arb · Price arb /

AVAX

all AVAX markets

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: Pacifica against SoDEX−0.016%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 Pacifica

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX AVAX-USD	11.146	0.0100	pay 0.0013% / 1h	5m 41s	$19K	$72K	10x
Short	Pacifica AVAX	11.144	0.0100	get 0.0013% / 1h	5m 41s	$291K	$114K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → 0.000%: −$1.61
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$17.61
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Pacifica: live order book, 58 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 Pacifica live order book, 58 min ago	4.48 bp	12.0 bp −$12	22.5 bp −$225	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
Injective AVAX/USDC PERP	−0.1374%	1h	11.120	−0.233%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.141	−0.045%	$5.2M	$7.9M	25x	as long as short
Nado AVAX-PERP	−0.0064%	1h	11.151	+0.045%	$287K	$397K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.139	−0.064%	$102K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.143	−0.026%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.151	+0.046%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.140	−0.054%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.147	+0.009%	$16K	$563K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.141	−0.048%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.147	+0.013%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXshort	+0.0100%	1h	11.144	−0.016%	$291K	$114K	10x
Binance AVAXUSDT	+0.0100%	8h	11.139	−0.067%	$119.1M	$430.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.139	−0.063%	$88.4M	$137.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.143	−0.027%	$20.4M	$116.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.145	−0.009%	$12.2M	$35.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.142	−0.036%	$48.8M	$79.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.143	−0.027%	$15.6M	$21.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.140	−0.054%	$33.5M	$48.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.143	−0.027%	—	$81.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.147	+0.009%	$330K	$523K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.140	−0.051%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.149	+0.027%	$354K	$822K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.148	+0.018%	$179K	$674K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.148	+0.018%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.151	+0.045%	$196K	$312K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.176	+0.271%	$12K	$702K	20x	as long as short
SoDEX AVAX-USDlong	+0.0100%	1h	11.146	long leg	$19K	$72K	10x
HTX AVAX-USDT	+0.0100%	8h	11.146	−0.004%	$365K	$866K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.148	+0.018%	$29.8M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.141	−0.048%	$684K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.144	−0.018%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.145	−0.009%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.155	+0.081%	$894K	$5.4M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.143	−0.031%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.143	−0.023%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0601%	1h	11.160	+0.126%	$43.5M	$42.4M	10x	as long as short