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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0441%/8h= −48.3% APRnext payment $0.55 per $10,000 · paid last 24h −0.112%
Price spread now: gTrade (Gains Network) against GMX−0.010%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AVAX/USD [AVAX-USDC]10.697L +0.0444% / S −0.0295%pay 0.0056% / 1h32m 08s$226K120x
ShortgTrade (Gains Network) AVAX/USD10.695L +0.0002% / S −0.0003%get 0.0000% / 1h32m 08s$12K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$92.67
Price spread: −0.010% → 0.000%
−$0.96
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$115.63
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and 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
Nado AVAX-PERP−0.0176%1h10.691−0.052%$285K$339K10xas long as short
Variational Omni AVAX−0.0045%8h10.676−0.195%$2.8M$2.1Mas long as short
dYdX AVAX-USD0.0000%1h10.700+0.033%$89K$117K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.695−0.014%$4.8M$7.1M25xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h10.695−0.010%$12K150x
Gate AVAX_USDT+0.0028%8h10.688−0.080%$12.7M$32.2M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.593%$17K$152K12xas long as short
Paradex AVAX-USD-PERP+0.0087%8h10.691−0.048%$12K$21220xas long as short
Bybit AVAXUSDT+0.0092%8h10.690−0.061%$81.0M$146.3M75xas long as short
SoDEX AVAX-USD+0.0094%1h10.692−0.042%$18K$72K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.693−0.032%$1.2M$2.5M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.689−0.070%$23K$424K50xas long as short
Hyperliquid AVAX+0.0100%1h10.701+0.042%$37.3M$44.0M10xas long as short
Aster AVAXUSDT+0.0100%8h10.692−0.043%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.697+0.004%$269K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.693−0.033%$113.6M$424.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.690−0.061%$18.7M$112.2M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.695−0.014%$45.2M$80.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.693−0.033%$13.6M$23.0M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.691−0.052%$32.4M$48.8M75xas long as short
BingX AVAX-USDC+0.0100%8h10.693−0.033%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.696−0.005%$436K$565K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.701+0.039%$340K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.705+0.079%$173K$663K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.690−0.061%$136K$352K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.701+0.042%$230K$346K20xas long as short
SunX AVAX-USDT+0.0100%8h10.722+0.235%$11K$764K20xas long as short
HTX AVAX-USDT+0.0100%8h10.694−0.019%$336K$872K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.692−0.042%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.687−0.085%$609K$1.5M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.691−0.056%$246K3xas long as short
Kraken Futures PF_AVAXUSD+0.0113%1h10.700+0.028%$4.2M$11.3M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.694−0.024%$930K$5.0M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.700+0.032%$4.6M$5.6M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.683−0.123%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]longL +0.0444% / S −0.0295%1h10.697long leg$226K120x