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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0242%/8h= −26.5% APRnext payment $0.30 per $10,000 · paid last 24h −0.072%
Price spread now: gTrade (Gains Network) against Reya+0.583%296s7-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 4 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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.583% dearer against Reya than usual: you sell high and buy low (spread +0.583% now, against zero (this spread has no 7-day history yet)): +$58 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8.0 days. The two prices were read 296 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AVAXRUSDPERP10.8340.0245pay 0.0031% / 1h54m 37s$1K20x
ShortgTrade (Gains Network) AVAX/USD10.897L +0.0002% / S −0.0003%get 0.0000% / 1h54m 37s$12K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$50.79
Price spread: +0.583% → 0.000%
$58.28
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$8.51
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell gTrade (Gains Network) no order-book sample
Reya and 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
Kraken Futures PF_AVAXUSD−0.0185%1h10.841+0.070%$3.8M$11.5M50xas long as short
Variational Omni AVAX−0.0101%8h10.862+0.264%$3.0M$2.1Mas long as short
SoDEX AVAX-USD−0.0053%1h10.836+0.021%$18K$68K10xas long as short
Phemex AVAXUSDT−0.0039%8h10.841+0.067%$28.9M$5.6M50xas long as short
Gate AVAX_USDT−0.0010%8h10.809−0.229%$14.1M$28.0M75xas long as short
dYdX AVAX-USD0.0000%1h10.811−0.211%$92K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.840+0.058%$4.9M$6.7M25xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h10.897+0.583%$12K150x
Injective AVAX/USDC PERP+0.0033%1h10.760−0.681%$17K$151K12xas long as short
Bybit AVAXUSDT+0.0080%8h10.804−0.275%$84.1M$135.6M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AVAX-USD-PERP+0.0093%8h10.806−0.257%$12K$6220xas long as short
Lighter AVAX+0.0096%1h10.814−0.186%$1.2M$2.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.819−0.136%$22K$457K50xas long as short
Nado AVAX-PERP+0.0100%1h10.834+0.002%$273K$310K10xas long as short
Hyperliquid AVAX+0.0100%1h10.833−0.007%$35.9M$39.5M10xas long as short
Aster AVAXUSDT+0.0100%8h10.813−0.194%$2.2M$1.4M75xas long as short
Pacifica AVAX+0.0100%1h10.811−0.212%$272K$126K10xas long as short
Binance AVAXUSDT+0.0100%8h10.816−0.167%$114.0M$387.0M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.812−0.201%$19.2M$105.9M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.810−0.219%$53.7M$72.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.809−0.229%$14.0M$19.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.816−0.164%$32.9M$44.9M75xas long as short
BingX AVAX-USDT+0.0100%8h10.817−0.155%$52.6Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.827−0.062%$437K$527K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.881+0.433%$346K$1.3M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.887+0.491%$175K$661K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.834+0.002%$136K$247K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.848+0.131%$235K$221K20xas long as short
SunX AVAX-USDT+0.0100%8h10.863+0.269%$12K$777K20xas long as short
HTX AVAX-USDT+0.0100%8h10.832−0.021%$322K$946K75xas long as short
Extended AVAX-USD+0.0104%1h10.813−0.194%$615K$1.5M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.837+0.032%$249K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0192%1h10.848+0.131%$854K$5.2M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.834+0.002%$4.7M$5.3M100xas long as short
Reya AVAXRUSDPERPlong+0.0245%1h10.834long leg$1K20x
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0294%1h10.840+0.061%$229K120xas long as short