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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0092%/8h= −10.1% APRnext payment $0.11 per $10,000 · paid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Popdex+0.027%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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.027% dearer against Popdex than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex AVAXUSDT11.2430.0096pay 0.0012% / 1h26m 08s$17K$691K50x
ShortgTrade (Gains Network) AVAX/USD11.246L +0.0002% / S −0.0004%get 0.0001% / 1h26m 08s$16K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Popdex. 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
−$19.3
Price spread: +0.027% → 0.000%
$2.67
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$33.04
Costs to cover
0.164%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 58 min ago; 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 Popdex live order book, 58 min ago1.77 bp6.3 bp −$616.5 bp −$165doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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
Injective AVAX/USDC PERP−0.0570%1h11.210−0.294%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0284%1h11.236−0.062%$5.3M$9.2M25xas long as short
Nado AVAX-PERP−0.0028%1h11.239−0.036%$296K$895K10xas long as short
Variational Omni AVAX−0.0016%8h11.259+0.143%$3.0M$2.4Mas long as short
dYdX AVAX-USD0.0000%1h11.248+0.045%$103K$112K10xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0004%1h11.246+0.027%$16K150x
Lighter AVAX+0.0096%1h11.238−0.044%$1.2M$3.3M10xas long as short
Popdex AVAXUSDTlong+0.0096%1h11.243long leg$17K$691K50x
Paradex AVAX-USD-PERP+0.0099%8h11.238−0.045%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.250+0.063%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.250+0.066%$299K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.236−0.062%$120.2M$526.1M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.235−0.071%$88.7M$157.5M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.237−0.053%$20.3M$146.2M50xas long as short
Gate AVAX_USDT+0.0100%8h11.246+0.027%$12.3M$40.4M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.238−0.044%$52.2M$100.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.246+0.027%$16.1M$24.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.233−0.089%$34.1M$60.2M75xas long as short
BingX AVAX-USDC+0.0100%8h11.244+0.009%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.257+0.125%$361K$570K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.266+0.203%$360K$877K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.270+0.240%$181K$685K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.247+0.036%$134K$459K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.252+0.080%$202K$301K20xas long as short
SunX AVAX-USDT+0.0100%8h11.274+0.273%$12K$731K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.238−0.044%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.242−0.013%$362K$1.1M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.239−0.036%$30.2M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.236−0.062%$673K$2.2M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.236−0.059%$258K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0192%1h11.255+0.107%$909K$8.3M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.258+0.133%$5.0M$8.0M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.241−0.017%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0405% / S −0.0249%1h11.245+0.020%$237K120xas long as short
Hyperliquid AVAX+0.0621%1h11.262+0.169%$43.6M$57.2M10xas long as short
Kraken Futures PF_AVAXUSD+0.0629%1h11.245+0.015%$4.6M$13.5M50xas long as short