Funding you earn now, next payment 01:00 UTC−0.0285%/8h= −31.2% APRnext payment −$0.36 per $10,000 · paid last 24h −0.050%
Price spread now: gTrade (Gains Network) against Coinbase International−0.061%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.061% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AVAX-PERP-INTX | 11.116 | 0.0288 | pay 0.0036% / 1h | 23m 20s | $903K | $5.9M | 50x |
| Short | gTrade (Gains Network) AVAX/USD | 11.109 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 23m 20s | $13K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$59.84
- Price spread: −0.061% → 0.000%
- −$6.12
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$85.95
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. 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 Coinbase International live order book, 1 min ago | 2.70 bp | 16.4 bp −$16 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 35 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 | −0.324% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERP | −0.0045% | 1h | 11.110 | −0.049% | $286K | $509K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0020% | 1h | 11.109 | −0.063% | $5.2M | $8.3M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.120 | +0.039% | $102K | $96K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USDshort | L +0.0002% / S −0.0003% | 1h | 11.109 | −0.061% | $13K | — | 150x | |
| Gate AVAX_USDT | +0.0054% | 8h | 11.112 | −0.036% | $12.1M | $36.6M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.120 | +0.040% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.112 | −0.036% | $15K | $590K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.115 | −0.008% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.114 | −0.018% | $2.3M | $1.4M | 75x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 11.124 | +0.068% | $295K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.109 | −0.064% | $118.5M | $458.9M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.109 | −0.063% | $88.5M | $143.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.110 | −0.054% | $19.9M | $123.6M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.113 | −0.027% | $48.8M | $82.7M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.117 | +0.009% | $15.6M | $22.6M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.113 | −0.027% | $33.4M | $51.1M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 11.109 | −0.063% | — | $83.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.123 | +0.063% | $356K | $534K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.122 | +0.051% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.111 | −0.045% | $355K | $810K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.111 | −0.045% | $179K | $678K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.113 | −0.027% | $130K | $363K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.116 | 0.000% | $195K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.142 | +0.230% | $12K | $717K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.111 | −0.045% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.088 | −0.256% | $360K | $872K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.114 | −0.018% | $29.7M | $5.6M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.108 | −0.076% | $671K | $1.7M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.105 | −0.097% | $255K | — | 3x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.109 | −0.065% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0255% | 1h | 11.114 | −0.022% | $4.3M | $11.9M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTXlong | +0.0288% | 1h | 11.116 | long leg | $903K | $5.9M | 50x | |
| Hyperliquid AVAX | +0.0396% | 1h | 11.124 | +0.072% | $43.2M | $45.6M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.110 | −0.052% | $236K | — | 120x | as long as short |
Coinbase International AVAX-PERP-INTX
gTrade (Gains Network) AVAX/USD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Kraken Futures PF_AVAXUSD
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]