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−0.0149%/8h= −16.3% APRnext payment $0.19 per $10,000 · paid last 24h −0.046%
Price spread now: Popdex against Reya+0.076%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 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. Popdex is 0.076% dearer against Reya than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 41 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AVAXRUSDPERP10.7740.0245pay 0.0031% / 1h38m 45s$1K20x
ShortPopdex AVAXUSDT10.7820.0096get 0.0012% / 1h38m 45s$22K$468K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$31.26
Price spread: +0.076% → 0.000%
$7.58
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$36.08
Costs to cover
0.124%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Popdex: live order book, 60 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 Popdex live order book, 60 min ago1.87 bp8.6 bp −$916.2 bp −$162doesn'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 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−0.0265%1h10.780+0.060%$3.7M$11.6M50xas long as short
Nado AVAX-PERP−0.0248%1h10.779+0.053%$281K$326K10xas long as short
Phemex AVAXUSDT−0.0140%8h10.773−0.008%$28.7M$5.7M50xas long as short
Variational Omni AVAX−0.0080%8h10.771−0.029%$3.0M$2.2Mas long as short
SoDEX AVAX-USD−0.0055%1h10.775+0.011%$18K$68K10xas long as short
dYdX AVAX-USD0.0000%1h10.795+0.193%$92K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.781+0.066%$4.8M$6.8M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.780+0.062%$12K150xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760−0.128%$17K$151K12xas long as short
Gate AVAX_USDT+0.0038%8h10.776+0.020%$13.8M$28.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AVAX-USD-PERP+0.0089%8h10.766−0.077%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.768−0.059%$1.2M$2.1M10xas long as short
Popdex AVAXUSDTshort+0.0096%1h10.782+0.076%$22K$468K50x
Hyperliquid AVAX+0.0100%1h10.786+0.113%$35.9M$40.2M10xas long as short
Aster AVAXUSDT+0.0100%8h10.775+0.011%$2.4M$1.4M75xas long as short
Pacifica AVAX+0.0100%1h10.774+0.002%$271K$128K10xas long as short
Binance AVAXUSDT+0.0100%8h10.769−0.045%$113.5M$398.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.767−0.063%$84.2M$138.4M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.772−0.017%$18.9M$106.9M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.769−0.045%$53.1M$79.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.770−0.036%$13.9M$21.3M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.773−0.008%$32.9M$45.6M75xas long as short
BingX AVAX-USDT+0.0100%8h10.774+0.002%$53.2Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.777+0.029%$439K$533K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.781+0.071%$344K$1.2M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.780+0.057%$174K$660K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.795+0.196%$136K$287K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.784+0.094%$233K$239K20xas long as short
SunX AVAX-USDT+0.0100%8h10.819+0.423%$11K$774K20xas long as short
HTX AVAX-USDT+0.0100%8h10.787+0.127%$334K$871K75xas long as short
Extended AVAX-USD+0.0104%1h10.769−0.043%$612K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.772−0.016%$247K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.793+0.178%$856K$5.2M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.773−0.008%$4.7M$5.5M100xas long as short
Reya AVAXRUSDPERPlong+0.0245%1h10.774long leg$1K20x
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.782+0.080%$228K120xas long as short