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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1463%/8h= +160.2% APRnext payment +$1.83 per $10,000 · paid last 24h +0.127%
Price spread now: SoDEX against Injective+0.216%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
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and SoDEX is 0.216% dearer against Injective than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective AVAX/USDC PERP11.100−0.1363get 0.0170% / 1h38m 29s$17K$151K12x
ShortSoDEX AVAX-USD11.1240.0100get 0.0013% / 1h38m 29s$18K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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
$307.2
Price spread: +0.216% → 0.000%
$21.62
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$320.8
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: live order book, 35 min ago; SoDEX: 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 Injective live order book, 35 min ago35.68 bp53.4 bp −$53doesn't fitdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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 PERPlong−0.1363%1h11.100long leg$17K$151K12x
Deribit AVAX_USDC-PERPETUAL−0.0199%1h11.122+0.198%$5.3M$8.7M25xas long as short
Nado AVAX-PERP−0.0039%1h11.126+0.234%$292K$840K10xas long as short
dYdX AVAX-USD0.0000%1h11.130+0.271%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.129+0.259%$13K150xas long as short
Gate AVAX_USDT+0.0015%8h11.130+0.270%$12.2M$38.1M75xas long as short
Lighter AVAX+0.0096%1h11.128+0.252%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.126+0.234%$18K$636K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.127+0.247%$13K$51420xas long as short
Aster AVAXUSDT+0.0100%8h11.132+0.285%$2.3M$1.6M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.131+0.279%$296K$106K10xas long as short
Binance AVAXUSDT+0.0100%8h11.125+0.225%$118.4M$491.6M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.127+0.243%$88.6M$150.2M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.125+0.225%$19.9M$135.4M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.127+0.243%$48.9M$88.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.132+0.288%$15.4M$23.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.127+0.243%$33.7M$55.5M75xas long as short
BingX AVAX-USDT+0.0100%8h11.126+0.234%$85.3Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.129+0.261%$356K$558K15xas long as short
Variational Omni AVAX+0.0100%8h11.127+0.241%$2.9M$2.4Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.123+0.209%$358K$851K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.126+0.234%$179K$688K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.130+0.270%$131K$376K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.133+0.297%$196K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.171+0.642%$12K$728K20xas long as short
SoDEX AVAX-USDshort+0.0100%1h11.124+0.216%$18K$72K10x
HTX AVAX-USDT+0.0100%8h11.124+0.220%$360K$963K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.127+0.243%$29.9M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.124+0.213%$666K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.122+0.199%$255K3xas long as short
Kraken Futures PF_AVAXUSD+0.0216%1h11.128+0.256%$4.3M$12.8M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.127+0.243%$5.0M$6.6M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.126+0.233%$1K20xas long as short
Coinbase International AVAX-PERP-INTX+0.0304%1h11.159+0.532%$907K$7.1M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0260%1h11.129+0.260%$249K120xas long as short
Hyperliquid AVAX+0.0652%1h11.146+0.414%$43.5M$51.0M10xas long as short