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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.045%
Price spread now: ApeX Omni against Extended+0.086%52s7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 3 days (all we have)+0.202%+$20 · spread now +0.086%, 7d avg +0.108%
Together, before fees+0.335%+ Points / potential airdropExtended: Active · farm board+$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.023% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.108%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended AVAX-USD11.2560.0104pay 0.0013% / 1h50m 31s$672K$2.1M25x
ShortApeX Omni AVAXUSDT11.2660.0100get 0.0013% / 1h50m 31s$181K$685K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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
−$0.84
Price spread: +0.086% → +0.108%
−$2.26
Slippage, 4 orders
−$22.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.22
Costs to cover
0.371%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; ApeX Omni: live order book, 28 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 Extended live order book, 3 min ago0.44 bp4.6 bp −$56.7 bp −$67doesn't fitdoesn't fit
Sell ApeX Omni live order book, 28 min ago5.77 bp13.1 bp −$1393.2 bp −$932doesn'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
Injective AVAX/USDC PERP−0.1451%1h11.200−0.501%$17K$151K12xas long as short
Nado AVAX-PERP−0.0096%1h11.255−0.012%$297K$885K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0016%1h11.271+0.130%$5.4M$9.0M25xas long as short
dYdX AVAX-USD0.0000%1h11.274+0.159%$104K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.273+0.147%$13K150xas long as short
Variational Omni AVAX+0.0042%8h11.222−0.305%$3.0M$2.4Mas long as short
Lighter AVAX+0.0096%1h11.278+0.194%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.252−0.039%$18K$677K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.275+0.163%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.276+0.170%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.279+0.204%$300K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.255−0.011%$120.3M$519.5M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.253−0.030%$89.5M$156.2M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.251−0.048%$20.3M$145.2M50xas long as short
Gate AVAX_USDT+0.0100%8h11.275+0.166%$12.3M$40.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.265+0.077%$51.4M$93.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.279+0.201%$15.8M$24.4M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.254−0.021%$34.3M$59.4M75xas long as short
BingX AVAX-USDC+0.0100%8h11.261+0.041%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.267+0.095%$360K$569K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.253−0.032%$359K$877K10xas long as short
ApeX Omni AVAXUSDTshort+0.0100%1h11.266+0.086%$181K$685K50x
Polymarket Perps AVAX-USD+0.0100%1h11.254−0.021%$134K$439K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.281+0.219%$205K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.291+0.307%$12K$733K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.271+0.130%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.271+0.126%$364K$1.0M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.269+0.112%$30.3M$5.0M50xas long as short
Extended AVAX-USDlong+0.0104%1h11.256long leg$672K$2.1M25x
Aevo AVAX-PERP+0.0104%1h11.273+0.149%$259K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.269+0.112%$5.0M$7.8M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.250−0.060%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0269%1h11.275+0.166%$4.6M$13.3M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0280%1h11.278+0.192%$919K$8.1M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0417% / S −0.0268%1h11.272+0.137%$238K120xas long as short
Hyperliquid AVAX+0.0812%1h11.272+0.139%$43.6M$55.2M10xas long as short