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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0293%/8h= +32.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.068%
Price spread now: GMX against gTrade (Gains Network)+0.019%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AVAX/USD10.723L +0.0002% / S −0.0003%pay 0.0000% / 1h12m 59s$12K150x
ShortGMX AVAX/USD [AVAX-USDC]10.725L +0.0444% / S −0.0295%get 0.0037% / 1h12m 59s$227K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
$61.6
Price spread: +0.019% → 0.000%
$1.94
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$41.54
Costs to cover
0.220%
Break-even
2.3 days
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and GMX: 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 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−0.1423%1h10.760+0.342%$17K$152K12xas long as short
Kraken Futures PF_AVAXUSD−0.0278%1h10.7230.000%$4.2M$11.6M50xas long as short
Nado AVAX-PERP−0.0075%1h10.725+0.011%$284K$341K10xas long as short
Variational Omni AVAX−0.0034%8h10.610−1.059%$2.8M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.719−0.043%$89K$117K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.725+0.016%$4.8M$7.6M25xas long as short
gTrade (Gains Network) AVAX/USDlongL +0.0002% / S −0.0003%1h10.723long leg$12K150x
Gate AVAX_USDT+0.0025%8h10.713−0.096%$12.4M$33.0M75xas long as short
Bybit AVAXUSDT+0.0066%8h10.712−0.105%$80.8M$147.4M75xas long as short
Lighter AVAX+0.0096%1h10.720−0.027%$1.2M$2.6M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex AVAXUSDT+0.0096%1h10.724+0.007%$18K$434K50xas long as short
Paradex AVAX-USD-PERP+0.0097%8h10.725+0.014%$12K$21220xas long as short
Hyperliquid AVAX+0.0100%1h10.730+0.062%$37.7M$44.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.717−0.055%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.717−0.058%$268K$131K10xas long as short
Binance AVAXUSDT+0.0100%8h10.713−0.099%$114.6M$433.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.717−0.059%$19.0M$114.1M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.711−0.115%$45.1M$80.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.712−0.105%$13.2M$22.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.710−0.124%$32.4M$49.4M75xas long as short
BingX AVAX-USDT+0.0100%8h10.715−0.077%$54.3Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.725+0.016%$428K$588K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.639−0.786%$343K$988K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.649−0.693%$172K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.729+0.053%$134K$354K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.729+0.053%$217K$338K20xas long as short
SunX AVAX-USDT+0.0100%8h10.747+0.218%$12K$763K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.718−0.049%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.723−0.007%$348K$812K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.725+0.016%$28.6M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.707−0.157%$643K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.720−0.035%$246K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0216%1h10.733+0.090%$932K$5.2M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.722−0.012%$4.7M$5.8M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.722−0.009%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]shortL +0.0444% / S −0.0295%1h10.725+0.019%$227K120x