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+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.057%
Price spread now: Kraken Futures against Reya+0.112%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Kraken Futures is 0.112% dearer against Reya than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AVAXRUSDPERP11.1050.0244pay 0.0030% / 1h43m 58s$1K20x
ShortKraken Futures PF_AVAXUSD11.1170.0255get 0.0032% / 1h43m 58s$4.3M$12.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$2.24
Price spread: +0.112% → 0.000%
$11.16
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$2.61
Costs to cover
0.160%
Break-even
15.2 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 5 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 Kraken Futures live order book, 5 min ago2.25 bp12.2 bp −$1218.3 bp −$18361.4 bp −$6,144doesn'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 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−0.1423%1h11.050−0.494%$17K$151K12xas long as short
Nado AVAX-PERP−0.0034%1h11.101−0.030%$288K$525K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0020%1h11.120+0.137%$5.2M$8.3M25xas long as short
dYdX AVAX-USD0.0000%1h11.088−0.153%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.114+0.085%$13K150xas long as short
Gate AVAX_USDT+0.0070%8h11.114+0.082%$12.1M$36.5M75xas long as short
Lighter AVAX+0.0096%1h11.115+0.091%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.111+0.055%$18K$596K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.089−0.142%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.115+0.093%$2.3M$1.4M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.091−0.123%$294K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.117+0.109%$118.6M$471.6M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.117+0.109%$88.5M$146.1M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.116+0.100%$19.8M$127.1M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.115+0.091%$48.6M$82.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.120+0.137%$15.5M$22.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.111+0.055%$33.4M$52.4M75xas long as short
BingX AVAX-USDC+0.0100%8h11.118+0.119%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.122+0.155%$356K$548K15xas long as short
Variational Omni AVAX+0.0100%8h11.094−0.100%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.127+0.200%$353K$807K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.113+0.073%$179K$682K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.114+0.082%$130K$369K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.128+0.209%$195K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.137+0.288%$12K$721K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.116+0.100%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.119+0.130%$361K$939K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.118+0.119%$29.7M$5.4M50xas long as short
Extended AVAX-USD+0.0104%1h11.112+0.066%$668K$2.0M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.116+0.104%$255K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.117+0.109%$5.0M$6.0M100xas long as short
Reya AVAXRUSDPERPlong+0.0244%1h11.105long leg$1K20x
Kraken Futures PF_AVAXUSDshort+0.0255%1h11.117+0.112%$4.3M$12.2M50x
Coinbase International AVAX-PERP-INTX+0.0288%1h11.118+0.119%$909K$6.1M50xas long as short
Hyperliquid AVAX+0.0425%1h11.133+0.254%$43.4M$48.1M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.109+0.041%$236K120xas long as short