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+0.0046%/8h= +5.0% APRnext payment +$0.46 per $10,000 · paid last 24h +0.019%
Price spread now: Bitget against Gate−0.035%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$470.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.064%+$6 on $10k
Price spread, last 7 days+0.013%+$1 · spread now −0.035%, 7d avg −0.014%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.021% cheaper against Gate than usual: you would sell low and buy high (spread −0.035% now, against its 7-day average of −0.014%). If the spread goes back, that is −$2 on $10k: about 37 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVAX_USDT11.2850.0054pay 0.0054% / 8h2h 16m$12.7M$40.3M75x
ShortBitget AVAXUSDT11.2810.0100get 0.0100% / 8h2h 16m$34.8M$61.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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
$9.66
Price spread: −0.035% → −0.014%
−$2.14
Slippage, 4 orders
−$20.26
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$39.74
Costs to cover
0.473%
Break-even
35.8 days
Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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 Gate live order book, 2 min ago0.89 bp14.8 bp −$1524.0 bp −$24039.4 bp −$3,94266.9 bp −$33.5K
Sell Bitget live order book, 2 min ago0.44 bp8.6 bp −$915.6 bp −$15632.0 bp −$3,196doesn'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
Variational Omni AVAX−0.0113%8h11.284−0.010%$2.9M$2.1Mas long as short
Deribit AVAX_USDC-PERPETUAL−0.0104%1h11.291+0.053%$5.3M$9.4M25xas long as short
Nado AVAX-PERP−0.0082%1h11.283−0.018%$298K$960K10xas long as short
Injective AVAX/USDC PERP−0.0043%1h11.240−0.399%$17K$152K12xas long as short
dYdX AVAX-USD0.0000%1h11.291+0.057%$99K$115K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0004%1h11.293+0.067%$16K150xas long as short
Gate AVAX_USDTlong+0.0054%8h11.285long leg$12.7M$40.3M75x
Coinbase International AVAX-PERP-INTX+0.0056%1h11.300+0.133%$917K$8.2M50xas long as short
Extended AVAX-USD+0.0064%1h11.282−0.030%$672K$2.2M25xas long as short
OKX AVAX-USDT-SWAP+0.0076%8h11.279−0.053%$20.1M$148.6M50xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC AVAX_USDT+0.0090%8h11.282−0.027%$55.3M$110.1M200xas long as short
Binance AVAXUSDT+0.0091%8h11.279−0.051%$120.9M$537.6M75xas long as short
Phemex AVAXUSDT+0.0092%8h11.288+0.027%$30.2M$4.9M50xas long as short
Lighter AVAX+0.0096%1h11.284−0.007%$1.3M$3.2M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.282−0.027%$10K$704K50xas long as short
Paradex AVAX-USD-PERP+0.0097%8h11.282−0.030%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.288+0.025%$2.3M$1.9M75xas long as short
Pacifica AVAX+0.0100%1h11.287+0.018%$300K$121K10xas long as short
Bybit AVAXUSDT+0.0100%8h11.281−0.035%$90.0M$155.4M75xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.288+0.027%$16.1M$24.5M75xas long as short
Bitget AVAXUSDTshort+0.0100%8h11.281−0.035%$34.8M$61.3M75x
BingX AVAX-USDT+0.0100%8h11.2850.000%$90.1Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.288+0.027%$334K$564K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.282−0.029%$357K$909K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.291+0.053%$182K$683K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.282−0.027%$131K$480K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.298+0.115%$203K$302K20xas long as short
SunX AVAX-USDT+0.0100%8h11.319+0.305%$12K$720K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.288+0.027%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.290+0.043%$362K$1.1M75xas long as short
Aevo AVAX-PERP+0.0104%1h11.287+0.016%$259K3xas long as short
BloFin AVAX-USDT+0.0211%8h11.2850.000%$5.0M$8.6M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.278−0.058%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0254%1h11.296+0.102%$4.6M$13.7M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0405% / S −0.0245%1h11.290+0.046%$244K120xas long as short
Hyperliquid AVAX+0.0646%1h11.300+0.133%$44.1M$58.7M10xas long as short