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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.039%
Price spread now: Orderly against Paradex−0.027%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.027% cheaper against Paradex than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex AVAX-USD-PERP11.2720.0099pay 0.0099% / 8h1h 31m$13K$76620x
ShortOrderly PERP_AVAX_USDC11.2690.0100get 0.0100% / 8h1h 31m$203K$301K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Paradex. 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
$0.22
Price spread: −0.027% → 0.000%
−$2.7
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.48
Costs to cover
0.100%
Break-even
404.4 days
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Paradex no order-book sample
Sell Orderly no order-book sample
Paradex and Orderly: 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−0.0570%1h11.230−0.373%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0105%1h11.261−0.098%$5.3M$9.2M25xas long as short
Variational Omni AVAX−0.0025%8h11.253−0.167%$3.0M$2.4Mas long as short
Nado AVAX-PERP−0.0012%1h11.261−0.094%$297K$896K10xas long as short
dYdX AVAX-USD0.0000%1h11.262−0.093%$99K$107K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0004%1h11.264−0.071%$16K150xas long as short
Lighter AVAX+0.0096%1h11.273+0.009%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.260−0.107%$16K$693K50xas long as short
Paradex AVAX-USD-PERPlong+0.0099%8h11.272long leg$13K$76620x
Aster AVAXUSDT+0.0100%8h11.268−0.036%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.271−0.006%$299K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.269−0.027%$120.5M$526.9M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.260−0.107%$88.9M$157.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.257−0.133%$20.3M$146.6M50xas long as short
Gate AVAX_USDT+0.0100%8h11.257−0.133%$12.6M$40.2M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.261−0.098%$52.1M$100.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.276+0.035%$16.7M$24.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.259−0.116%$34.2M$60.4M75xas long as short
BingX AVAX-USDT+0.0100%8h11.259−0.116%$89.3Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.249−0.204%$360K$571K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.261−0.097%$360K$898K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.267−0.045%$181K$685K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.264−0.071%$134K$459K10xas long as short
Orderly PERP_AVAX_USDCshort+0.0100%8h11.269−0.027%$203K$301K20x
SunX AVAX-USDT+0.0100%8h11.313+0.368%$12K$729K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.263−0.080%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.261−0.094%$363K$1.1M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.264−0.071%$30.3M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.258−0.128%$673K$2.2M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.289+0.154%$259K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0192%1h11.278+0.053%$909K$8.3M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.275+0.026%$5.0M$8.0M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.259−0.116%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0403% / S −0.0246%1h11.262−0.089%$237K120xas long as short
Hyperliquid AVAX+0.0610%1h11.286+0.124%$43.7M$57.1M10xas long as short
Kraken Futures PF_AVAXUSD+0.0628%1h11.268−0.037%$4.6M$13.5M50xas long as short