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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.87 per $10,000 · paid last 24h +0.022%
Price spread now: Bitget against Bybit+0.009%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.009%, 7d avg +0.007%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AVAXUSDT11.1870.0013pay 0.0013% / 8h2h 55m$85.5M$148.3M75x
ShortBitget AVAXUSDT11.1880.0100get 0.0100% / 8h2h 55m$34.5M$61.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$18.17
Price spread: +0.009% → +0.007%
$0.19
Slippage, 4 orders
−$9.74
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$14.38
Costs to cover
0.327%
Break-even
12.5 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 4 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 Bybit live order book, 4 min ago0.45 bp8.5 bp −$815.7 bp −$15739.2 bp −$3,915doesn't fit
Sell Bitget live order book, 4 min ago0.45 bp9.5 bp −$1018.1 bp −$18133.7 bp −$3,371doesn'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
Variational Omni AVAX−0.0194%8h11.123−0.568%$2.9M$2.1Mas long as short
Nado AVAX-PERP−0.0172%1h11.186−0.009%$299K$963K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0109%1h11.142−0.402%$5.3M$9.4M25xas long as short
Injective AVAX/USDC PERP−0.0043%1h11.100−0.778%$17K$127K12xas long as short
Extended AVAX-USD−0.0040%1h11.183−0.034%$666K$2.2M25xas long as short
dYdX AVAX-USD0.0000%1h11.186−0.009%$98K$127K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.193+0.051%$13K150xas long as short
Bybit AVAXUSDTlong+0.0013%8h11.187long leg$85.5M$148.3M75x
OKX AVAX-USDT-SWAP+0.0025%8h11.188+0.009%$20.0M$147.7M50xas long as short
Backpack AVAX_USDC_PERP+0.0044%1h11.143−0.393%$317K$551K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX AVAX-USD+0.0048%1h11.140−0.420%$19K$72K10xas long as short
Gate AVAX_USDT+0.0050%8h11.189+0.018%$12.4M$39.2M75xas long as short
Phemex AVAXUSDT+0.0051%8h11.136−0.456%$29.8M$4.8M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0056%1h11.134−0.474%$902K$8.1M50xas long as short
MEXC AVAX_USDT+0.0060%8h11.189+0.018%$54.6M$108.0M200xas long as short
Binance AVAXUSDT+0.0061%8h11.189+0.013%$120.0M$541.1M75xas long as short
Paradex AVAX-USD-PERP+0.0093%8h11.177−0.094%$13K$76620xas long as short
Lighter AVAX+0.0096%1h11.184−0.027%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.188+0.009%$12K$698K50xas long as short
Aevo AVAX-PERP+0.0096%1h11.181−0.051%$257K3xas long as short
Aster AVAXUSDT+0.0100%8h11.181−0.057%$2.3M$2.0M75xas long as short
Pacifica AVAX+0.0100%1h11.185−0.017%$297K$122K10xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.192+0.045%$16.3M$24.7M75xas long as short
Bitget AVAXUSDTshort+0.0100%8h11.188+0.009%$34.5M$61.7M75x
BingX AVAX-USDC+0.0100%8h11.188+0.009%$6.5Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.114−0.653%$358K$905K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.113−0.661%$179K$684K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.192+0.045%$116K$476K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.197+0.089%$201K$302K20xas long as short
SunX AVAX-USDT+0.0100%8h11.149−0.344%$12K$709K20xas long as short
HTX AVAX-USDT+0.0100%8h11.127−0.532%$355K$1.2M75xas long as short
BloFin AVAX-USDT+0.0181%8h11.111−0.679%$5.0M$8.9M100xas long as short
Reya AVAXRUSDPERP+0.0243%1h11.190+0.024%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0258%1h11.150−0.330%$4.6M$13.6M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0407% / S −0.0244%1h11.193+0.053%$241K120xas long as short
Hyperliquid AVAX+0.0463%1h11.206+0.170%$42.3M$58.8M10xas long as short