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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Popdex against gTrade (Gains Network)−0.088%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Popdex is 0.088% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AVAX/USD11.319L +0.0002% / S −0.0004%pay 0.0000% / 1h11m 18s$16K150x
ShortPopdex AVAXUSDT11.3090.0096get 0.0012% / 1h11m 18s$10K$702K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$19.82
Price spread: −0.088% → 0.000%
−$8.83
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$5.41
Costs to cover
0.164%
Break-even
8.9 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Popdex: live order book, 13 min ago. 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 Popdex live order book, 13 min ago1.77 bp6.3 bp −$616.2 bp −$162doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit AVAX_USDC-PERPETUAL−0.0103%1h11.3190.000%$5.4M$9.4M25xas long as short
Variational Omni AVAX−0.0102%8h11.280−0.345%$2.9M$2.1Mas long as short
Nado AVAX-PERP−0.0079%1h11.310−0.082%$298K$960K10xas long as short
Injective AVAX/USDC PERP−0.0043%1h11.250−0.610%$17K$152K12xas long as short
dYdX AVAX-USD0.0000%1h11.304−0.130%$99K$115K10xas long as short
gTrade (Gains Network) AVAX/USDlongL +0.0002% / S −0.0004%1h11.319long leg$16K150x
Gate AVAX_USDT+0.0056%8h11.316−0.027%$12.7M$40.4M75xas long as short
Coinbase International AVAX-PERP-INTX+0.0056%1h11.318−0.009%$993K$8.3M50xas long as short
OKX AVAX-USDT-SWAP+0.0085%8h11.318−0.009%$20.3M$149.3M50xas long as short
Lighter AVAX+0.0096%1h11.3190.000%$1.3M$3.2M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended AVAX-USD+0.0096%1h11.318−0.010%$676K$2.2M25xas long as short
Popdex AVAXUSDTshort+0.0096%1h11.309−0.088%$10K$702K50x
MEXC AVAX_USDT+0.0096%8h11.314−0.044%$55.9M$110.3M200xas long as short
Binance AVAXUSDT+0.0097%8h11.3190.000%$121.3M$537.3M75xas long as short
Paradex AVAX-USD-PERP+0.0098%8h11.298−0.186%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.316−0.027%$2.3M$1.9M75xas long as short
Pacifica AVAX+0.0100%1h11.303−0.143%$300K$121K10xas long as short
Bybit AVAXUSDT+0.0100%8h11.321+0.018%$90.8M$155.8M75xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.309−0.088%$16.2M$24.4M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.321+0.018%$34.9M$61.1M75xas long as short
BingX AVAX-USDT+0.0100%8h11.318−0.009%$90.1Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.298−0.186%$338K$566K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.317−0.021%$358K$895K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.295−0.212%$182K$681K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.317−0.018%$133K$482K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.327+0.071%$204K$302K20xas long as short
SunX AVAX-USDT+0.0100%8h11.328+0.083%$12K$721K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.3190.000%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.316−0.022%$363K$1.1M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.321+0.018%$30.3M$4.9M50xas long as short
Aevo AVAX-PERP+0.0104%1h11.317−0.018%$260K3xas long as short
BloFin AVAX-USDT+0.0217%8h11.315−0.035%$5.0M$8.6M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.315−0.038%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0253%1h11.327+0.073%$4.6M$13.6M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0405% / S −0.0245%1h11.317−0.014%$244K120xas long as short
Hyperliquid AVAX+0.0669%1h11.333+0.124%$44.0M$58.9M10xas long as short