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% APRnext payment $0.18 per $10,000 · paid last 24h −0.085%
Price spread now: SoDEX against Reya+0.037%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
The price spread pays, funding is against you. SoDEX is 0.037% dearer against Reya than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AVAXRUSDPERP11.1910.0244pay 0.0030% / 1h53m 15s$1K20x
ShortSoDEX AVAX-USD11.1950.0100get 0.0013% / 1h53m 15s$19K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$30.21
Price spread: +0.037% → 0.000%
$3.73
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$40.48
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; SoDEX: 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 SoDEX no order-book sample
Reya and SoDEX: 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%1h11.130−0.544%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0107%1h11.192+0.010%$5.3M$8.8M25xas long as short
Gate AVAX_USDT−0.0031%8h11.193+0.019%$12.2M$37.8M75xas long as short
Nado AVAX-PERP−0.0023%1h11.191+0.002%$293K$873K10xas long as short
dYdX AVAX-USD0.0000%1h11.192+0.010%$103K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.196+0.046%$13K150xas long as short
Lighter AVAX+0.0096%1h11.194+0.028%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.192+0.010%$18K$653K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.190−0.009%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.196+0.049%$2.3M$1.7M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.194+0.032%$297K$118K10xas long as short
Binance AVAXUSDT+0.0100%8h11.195+0.041%$119.6M$507.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.196+0.046%$89.2M$154.0M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.195+0.037%$20.2M$141.0M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.196+0.046%$49.7M$87.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.197+0.055%$15.6M$24.0M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.194+0.028%$33.9M$57.3M75xas long as short
BingX AVAX-USDC+0.0100%8h11.196+0.046%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.197+0.055%$358K$563K15xas long as short
Variational Omni AVAX+0.0100%8h11.210+0.171%$3.0M$2.4Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.219+0.252%$361K$863K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.217+0.234%$180K$688K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.194+0.028%$132K$440K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.203+0.109%$204K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.226+0.314%$12K$736K20xas long as short
SoDEX AVAX-USDshort+0.0100%1h11.195+0.037%$19K$72K10x
HTX AVAX-USDT+0.0100%8h11.191+0.006%$362K$991K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.193+0.019%$30.1M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.190−0.009%$666K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.195+0.041%$257K3xas long as short
Kraken Futures PF_AVAXUSD+0.0215%1h11.198+0.062%$4.5M$12.9M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.196+0.046%$5.0M$6.7M100xas long as short
Reya AVAXRUSDPERPlong+0.0244%1h11.191long leg$1K20x
Coinbase International AVAX-PERP-INTX+0.0304%1h11.170−0.186%$910K$7.5M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0259%1h11.195+0.039%$250K120xas long as short
Hyperliquid AVAX+0.0663%1h11.214+0.207%$43.8M$53.6M10xas long as short