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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment $1.44 per $10,000 · paid last 24h −0.019%
Price spread now: Gate against Bitget−0.018%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 7 days+0.033%+$3 · spread now −0.018%, 7d avg +0.014%
Together, before fees−0.030%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.032% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AVAXUSDT11.1240.0100pay 0.0100% / 8h7h 43m$33.7M$56.3M75x
ShortGate AVAX_USDT11.122−0.0044pay 0.0044% / 8h7h 43m$12.2M$38.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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
−$30.24
Price spread: −0.018% → +0.014%
−$3.18
Slippage, 4 orders
−$17.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$77.84
Costs to cover
0.444%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 5 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 Bitget live order book, 5 min ago0.45 bp8.7 bp −$916.8 bp −$16832.4 bp −$3,241doesn't fit
Sell Gate live order book, 5 min ago1.80 bp16.3 bp −$1623.4 bp −$23438.4 bp −$3,84365.4 bp −$32.7K

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
Injective AVAX/USDC PERP−0.1363%1h11.090−0.306%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0289%1h11.1240.000%$5.3M$8.7M25xas long as short
Gate AVAX_USDTshort−0.0044%8h11.122−0.018%$12.2M$38.1M75x
Nado AVAX-PERP−0.0027%1h11.130+0.054%$292K$855K10xas long as short
dYdX AVAX-USD0.0000%1h11.133+0.078%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.129+0.045%$13K150xas long as short
Lighter AVAX+0.0096%1h11.124+0.001%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.125+0.009%$17K$644K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.127+0.027%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.128+0.033%$2.3M$1.6M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.133+0.078%$296K$117K10xas long as short
Binance AVAXUSDT+0.0100%8h11.1240.000%$118.3M$500.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.1240.000%$88.5M$151.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.123−0.009%$20.0M$138.0M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.125+0.009%$48.5M$88.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.128+0.036%$15.4M$23.6M75xas long as short
Bitget AVAXUSDTlong+0.0100%8h11.124long leg$33.7M$56.3M75x
BingX AVAX-USDT+0.0100%8h11.1240.000%$86.4Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.125+0.009%$356K$564K15xas long as short
Variational Omni AVAX+0.0100%8h11.125+0.007%$2.9M$2.4Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.120−0.038%$358K$863K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.129+0.045%$179K$689K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.126+0.018%$131K$440K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.135+0.099%$194K$311K20xas long as short
SunX AVAX-USDT+0.0100%8h11.155+0.274%$12K$732K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.1240.000%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.127+0.022%$359K$966K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.123−0.009%$29.9M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.122−0.017%$666K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.122−0.017%$255K3xas long as short
Kraken Futures PF_AVAXUSD+0.0216%1h11.128+0.034%$4.3M$12.9M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.131+0.063%$5.0M$6.7M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.122−0.019%$1K20xas long as short
Coinbase International AVAX-PERP-INTX+0.0304%1h11.136+0.108%$904K$7.2M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0260%1h11.128+0.036%$248K120xas long as short
Hyperliquid AVAX+0.0660%1h11.141+0.153%$43.5M$53.7M10xas long as short