Funding you earn now, next payment 00:00 UTC+0.0269%/8h= +29.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.008%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.057%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.057% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) AVAX/USD | 11.215 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 21m 22s | $13K | — | 150x |
| Short | Kraken Futures PF_AVAXUSD | 11.221 | 0.0271 | get 0.0034% / 1h | 21m 22s | $4.6M | $13.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $56.48
- Price spread: +0.057% → 0.000%
- $5.71
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $42.19
- Costs to cover
- 0.200%
- Break-even
- 1.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 3 min ago | 0.45 bp | 12.9 bp −$13 | 17.4 bp −$174 | 43.6 bp −$4,361 | doesn't fit |
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 36 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 | −0.1451% | 1h | 11.190 | −0.223% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0196% | 1h | 11.214 | −0.009% | $5.3M | $8.9M | 25x | as long as short |
| Nado AVAX-PERP | −0.0100% | 1h | 11.224 | +0.085% | $296K | $878K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.228 | +0.112% | $103K | $111K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USDlong | L +0.0002% / S −0.0003% | 1h | 11.215 | long leg | $13K | — | 150x | |
| Variational Omni AVAX | +0.0088% | 8h | 11.220 | +0.044% | $3.0M | $2.4M | — | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.227 | +0.105% | $1.2M | $3.3M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.224 | +0.080% | $18K | $667K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.223 | +0.072% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.224 | +0.076% | $2.3M | $1.7M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 11.229 | +0.125% | $298K | $118K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.217 | +0.020% | $120.0M | $511.9M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.214 | −0.009% | $89.3M | $155.0M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.214 | −0.009% | $20.3M | $143.4M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.222 | +0.062% | $12.5M | $40.3M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.220 | +0.045% | $50.5M | $93.5M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.229 | +0.125% | $15.8M | $24.2M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.215 | 0.000% | $34.2M | $57.9M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.215 | 0.000% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.232 | +0.152% | $359K | $563K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.225 | +0.086% | $351K | $862K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.227 | +0.107% | $180K | $686K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.224 | +0.080% | $132K | $440K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.223 | +0.071% | $204K | $303K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.243 | +0.249% | $12K | $734K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.216 | +0.009% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.225 | +0.088% | $363K | $999K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.216 | +0.009% | $30.1M | $4.9M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.213 | −0.019% | $669K | $2.1M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.213 | −0.020% | $258K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.221 | +0.053% | $5.0M | $7.4M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.218 | +0.027% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSDshort | +0.0271% | 1h | 11.221 | +0.057% | $4.6M | $13.1M | 50x | |
| Coinbase International AVAX-PERP-INTX | +0.0280% | 1h | 11.223 | +0.071% | $912K | $7.8M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0427% / S −0.0284% | 1h | 11.216 | +0.007% | $237K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0804% | 1h | 11.241 | +0.232% | $43.7M | $54.9M | 10x | as long as short |
gTrade (Gains Network) AVAX/USD
Kraken Futures PF_AVAXUSD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
Variational Omni AVAX
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
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
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX