Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.027%
Price spread now: Coinbase International against Aevo+0.089%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$890as in the Funding arb table
Net, price: spread back to 7d avg − costs−$905as in the Price arb table
costs, in and out, $10k−$9059.048% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.089%, 7d avg +0.085%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AVAX-PERP10.7110.0104pay 0.0013% / 1h0m 43s$246K3x
ShortCoinbase International AVAX-PERP-INTX10.7210.0224get 0.0028% / 1h0m 43s$851K$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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

Funding earned
$25.2
Price spread: +0.089% → +0.085%
$0.33
Slippage, 4 orders
−$878.84
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$879.31
Costs to cover
9.048%
Break-even
251.3 days
Slippage from Aevo: live order book, 38 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 38 min ago217.59 bp434.2 bp −$434doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago3.27 bp12.8 bp −$1319.6 bp −$196doesn't fitdoesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AVAX-PERP−0.0214%1h10.707−0.037%$289K$326K10xas long as short
Kraken Futures PF_AVAXUSD−0.0184%1h10.713+0.014%$3.8M$11.5M50xas long as short
Variational Omni AVAX−0.0078%8h10.706−0.051%$2.9M$2.1Mas long as short
dYdX AVAX-USD0.0000%1h10.714+0.020%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.714+0.023%$4.8M$6.7M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.714+0.023%$12K150xas long as short
Gate AVAX_USDT+0.0010%8h10.713+0.014%$13.3M$30.9M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.453%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0092%8h10.711−0.004%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.711−0.001%$1.2M$2.4M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex AVAXUSDT+0.0096%1h10.708−0.033%$25K$465K50xas long as short
Hyperliquid AVAX+0.0100%1h10.716+0.042%$36.8M$40.7M10xas long as short
Aster AVAXUSDT+0.0100%8h10.713+0.016%$2.2M$888K75xas long as short
Pacifica AVAX+0.0100%1h10.718+0.062%$269K$128K10xas long as short
Binance AVAXUSDT+0.0100%8h10.714+0.023%$113.3M$402.4M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.711−0.005%$81.9M$138.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.712+0.005%$18.8M$106.9M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.715+0.033%$52.9M$81.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.711−0.005%$13.8M$21.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.706−0.051%$32.7M$46.2M75xas long as short
BingX AVAX-USDC+0.0100%8h10.706−0.051%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.717+0.051%$436K$545K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.706−0.052%$336K$1.2M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.713+0.014%$173K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.712+0.005%$135K$297K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.718+0.061%$232K$254K20xas long as short
SunX AVAX-USDT+0.0100%8h10.732+0.195%$12K$770K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.709−0.023%$18K$68K10xas long as short
HTX AVAX-USDT+0.0100%8h10.709−0.028%$326K$857K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.714+0.023%$28.6M$5.7M50xas long as short
Extended AVAX-USD+0.0104%1h10.706−0.052%$605K$1.4M25xas long as short
Aevo AVAX-PERPlong+0.0104%1h10.711long leg$246K3x
BloFin AVAX-USDT+0.0220%8h10.712+0.005%$4.7M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0224%1h10.721+0.089%$851K$4.7M50x
Reya AVAXRUSDPERP+0.0245%1h10.710−0.018%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.713+0.017%$226K120xas long as short