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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.050%
Price spread now: Paradex against Reya−0.071%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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.071% cheaper against Reya than usual: you would sell low and buy high (−$7 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 AVAXRUSDPERP11.1250.0244pay 0.0030% / 1h32m 24s$1K20x
ShortParadex AVAX-USD-PERP11.1170.0100get 0.0100% / 8h7h 32m$13K$51420x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$30.24
Price spread: −0.071% → 0.000%
−$7.07
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$47.31
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Paradex: 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 Paradex no order-book sample
Reya and Paradex: 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−0.1363%1h11.090−0.313%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0109%1h11.136+0.100%$5.3M$8.6M25xas long as short
Nado AVAX-PERP−0.0051%1h11.122−0.021%$292K$831K10xas long as short
dYdX AVAX-USD0.0000%1h11.121−0.030%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.131+0.054%$13K150xas long as short
Lighter AVAX+0.0096%1h11.122−0.029%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.120−0.043%$18K$627K50xas long as short
Paradex AVAX-USD-PERPshort+0.0100%8h11.117−0.071%$13K$51420x
Aster AVAXUSDT+0.0100%8h11.122−0.023%$2.3M$1.6M75xas long as short
Pacifica AVAX+0.0100%1h11.123−0.018%$295K$106K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AVAXUSDT+0.0100%8h11.133+0.074%$118.4M$487.1M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.133+0.073%$88.6M$149.5M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.135+0.091%$19.9M$134.2M50xas long as short
Gate AVAX_USDT+0.0100%8h11.120−0.043%$12.1M$38.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.129+0.037%$48.7M$88.6M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.125+0.001%$15.3M$23.3M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.139+0.127%$33.8M$54.9M75xas long as short
BingX AVAX-USDT+0.0100%8h11.132+0.064%$85.0Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.126+0.010%$356K$558K15xas long as short
Variational Omni AVAX+0.0100%8h11.134+0.080%$2.9M$2.3Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.123−0.017%$358K$851K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.135+0.091%$179K$688K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.128+0.028%$131K$375K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.142+0.154%$196K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.153+0.254%$12K$725K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.138+0.118%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.129+0.033%$360K$951K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.129+0.037%$29.9M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.136+0.098%$667K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.132+0.060%$256K3xas long as short
Kraken Futures PF_AVAXUSD+0.0216%1h11.141+0.143%$4.3M$12.6M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.133+0.073%$5.0M$6.3M100xas long as short
Reya AVAXRUSDPERPlong+0.0244%1h11.125long leg$1K20x
Coinbase International AVAX-PERP-INTX+0.0304%1h11.140+0.136%$905K$6.9M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0298%1h11.131+0.060%$235K120xas long as short
Hyperliquid AVAX+0.0677%1h11.144+0.172%$43.4M$51.0M10xas long as short