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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0144%/8h= −15.8% APRnext payment $0.18 per $10,000 · paid last 24h −0.047%
Price spread now: ApeX Omni against Reya−0.024%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and ApeX Omni is 0.024% cheaper against Reya than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AVAXRUSDPERP11.1530.0244pay 0.0031% / 1h0m 57s$1K20x
ShortApeX Omni AVAXUSDT11.1500.0100get 0.0013% / 1h0m 57s$179K$679K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$30.26
Price spread: −0.024% → 0.000%
−$2.44
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$48.7
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 67 min ago. 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 Reya no order-book sample
Sell ApeX Omni live order book, 67 min ago4.46 bp13.7 bp −$14101.2 bp −$1,012doesn't fitdoesn't fit
Reya: 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 35 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−0.1423%1h11.060−0.831%$17K$151K12xas long as short
Nado AVAX-PERP−0.0037%1h11.155+0.020%$287K$470K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0019%1h11.156+0.029%$5.2M$8.0M25xas long as short
dYdX AVAX-USD0.0000%1h11.152−0.009%$103K$87K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.157+0.042%$13K150xas long as short
Lighter AVAX+0.0096%1h11.156+0.033%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.151−0.015%$15K$577K50xas long as short
Gate AVAX_USDT+0.0098%8h11.154+0.011%$12.2M$36.8M75xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.148−0.038%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.160+0.063%$2.3M$1.3M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.155+0.023%$296K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.152−0.005%$118.9M$444.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.153+0.002%$88.5M$140.4M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.154+0.011%$20.1M$121.2M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.155+0.020%$48.8M$82.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.160+0.065%$15.6M$22.1M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.154+0.011%$33.5M$49.6M75xas long as short
BingX AVAX-USDT+0.0100%8h11.154+0.011%$82.7Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.158+0.047%$357K$501K15xas long as short
Variational Omni AVAX+0.0100%8h11.156+0.025%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.150−0.024%$352K$801K10xas long as short
ApeX Omni AVAXUSDTshort+0.0100%1h11.150−0.024%$179K$679K50x
Polymarket Perps AVAX-USD+0.0100%1h11.158+0.047%$131K$349K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.163+0.092%$196K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.187+0.308%$12K$705K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.158+0.047%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.156+0.034%$362K$854K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.155+0.020%$29.8M$5.6M50xas long as short
Extended AVAX-USD+0.0104%1h11.150−0.021%$675K$1.6M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.153+0.001%$256K3xas long as short
Reya AVAXRUSDPERPlong+0.0244%1h11.153long leg$1K20x
Kraken Futures PF_AVAXUSD+0.0254%1h11.160+0.066%$4.3M$11.7M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0288%1h11.158+0.047%$905K$5.7M50xas long as short
Hyperliquid AVAX+0.0384%1h11.171+0.164%$43.4M$44.8M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.156+0.033%$237K120xas long as short