Funding arb · Price arb /

AVAX

all AVAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX−0.278%7-day average −0.290% · you buy dearer than you sell

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$245as in the Price arb table

costs, in and out, $10k−$2462.458% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.278%, 7d avg −0.290%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	11.210	0.0100	pay 0.0100% / 8h	4h 39m	$12K	$704K	20x
Short	HTX AVAX-USDT	11.178	0.0100	get 0.0100% / 8h	4h 39m	$368K	$835K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.278%Rate

Funding earned: $0
Price spread: −0.278% → −0.290%: $1.12
Slippage, 4 orders: −$225.78
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$244.66
Costs to cover: 2.458%
Break-even: never at this rate

Slippage from SunX: live order book, 52 min ago; HTX: live order book, 24 min ago.

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 SunX live order book, 52 min ago	41.87 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 24 min ago	27.13 bp	44.6 bp −$45	84.1 bp −$841	doesn't fit	doesn't fit

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	−0.1423%	1h	11.080	−1.157%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0031%	1h	11.159	−0.452%	$287K	$373K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.169	−0.364%	$98K	$97K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.178	−0.283%	$5.2M	$7.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.150	−0.531%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.168	−0.368%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.152	−0.515%	$16K	$579K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.152	−0.515%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.152	−0.514%	$2.3M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.171	−0.347%	$291K	$114K	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	11.149	−0.541%	$118.3M	$427.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.147	−0.559%	$88.6M	$137.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.142	−0.604%	$20.4M	$115.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.152	−0.515%	$12.2M	$34.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.151	−0.524%	$48.1M	$77.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.155	−0.488%	$15.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.152	−0.515%	$33.4M	$48.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.151	−0.524%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.177	−0.292%	$338K	$520K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.161	−0.431%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.157	−0.473%	$352K	$845K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.154	−0.497%	$179K	$673K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.154	−0.497%	$131K	$337K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.147	−0.559%	$196K	$310K	20x	as long as short
SunX AVAX-USDTlong	+0.0100%	8h	11.210	long leg	$12K	$704K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.176	−0.301%	$19K	$72K	10x	as long as short
HTX AVAX-USDTshort	+0.0100%	8h	11.178	−0.278%	$368K	$835K	75x
Phemex AVAXUSDT	+0.0100%	8h	11.173	−0.327%	$29.8M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.146	−0.571%	$689K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.178	−0.283%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0211%	1h	11.182	−0.250%	$4.3M	$11.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.167	−0.381%	$5.0M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.184	−0.229%	$894K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.149	−0.544%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.150	−0.534%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0610%	1h	11.167	−0.381%	$43.3M	$42.3M	10x	as long as short