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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h −0.033%
Price spread now: SoDEX against Kraken Futures−0.018%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: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_AVAXUSD11.0090.0020pay 0.0002% / 1h49m 06s$4.3M$11.3M50x
ShortSoDEX AVAX-USD11.0070.0100get 0.0013% / 1h49m 06s$18K$71K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Kraken Futures. 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
$16.9
Price spread: −0.018% → 0.000%
−$1.84
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$2.94
Costs to cover
0.180%
Break-even
8.2 days
Slippage unknown: Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago3.64 bp12.9 bp −$1315.2 bp −$15259.7 bp −$5,970doesn'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 PERP−0.1421%1h10.960−0.445%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0023%1h11.000−0.082%$5.1M$7.8M25xas long as short
Nado AVAX-PERP−0.0018%1h11.005−0.037%$286K$319K10xas long as short
dYdX AVAX-USD0.0000%1h11.005−0.041%$96K$97K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.001−0.073%$12K150xas long as short
Kraken Futures PF_AVAXUSDlong+0.0020%1h11.009long leg$4.3M$11.3M50x
ApeX Omni AVAXUSDT+0.0084%1h11.008−0.009%$177K$671K50xas long as short
Lighter AVAX+0.0096%1h11.002−0.065%$1.2M$2.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.000−0.082%$15K$458K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.003−0.059%$12K$21220xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AVAXUSDT+0.0100%8h11.003−0.055%$2.2M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h11.007−0.018%$277K$131K10xas long as short
Binance AVAXUSDT+0.0100%8h10.998−0.102%$116.2M$428.4M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.990−0.173%$84.0M$140.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.994−0.136%$20.2M$114.0M50xas long as short
Gate AVAX_USDT+0.0100%8h11.003−0.055%$12.1M$32.2M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.000−0.082%$45.9M$78.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.010+0.009%$15.5M$21.8M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.993−0.146%$33.1M$47.7M75xas long as short
BingX AVAX-USDC+0.0100%8h10.996−0.118%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.000−0.082%$370K$548K15xas long as short
Variational Omni AVAX+0.0100%8h11.001−0.077%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.010+0.008%$345K$891K10xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.000−0.082%$129K$345K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.006−0.027%$193K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h11.029+0.181%$12K$720K20xas long as short
SoDEX AVAX-USDshort+0.0100%1h11.007−0.018%$18K$71K10x
HTX AVAX-USDT+0.0100%8h11.005−0.041%$366K$791K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.006−0.027%$29.4M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.996−0.114%$678K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.999−0.087%$253K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.002−0.064%$5.0M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0232%1h11.014+0.045%$896K$5.2M50xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.993−0.143%$1K20xas long as short
Hyperliquid AVAX+0.0393%1h11.016+0.063%$42.7M$41.6M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.000−0.079%$233K120xas long as short