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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.057%
Price spread now: Coinbase International against SoDEX−0.045%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 feesneeds both histories
Funding pays, the price is against you. Coinbase International is 0.045% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 28 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD11.0120.0100pay 0.0013% / 1h52m 42s$19K$71K10x
ShortCoinbase International AVAX-PERP-INTX11.0070.0232get 0.0029% / 1h52m 42s$896K$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. 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
$27.72
Price spread: −0.045% → 0.000%
−$4.54
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$5.18
Costs to cover
0.180%
Break-even
5.7 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 6 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 SoDEX no order-book sample
Sell Coinbase International live order book, 6 min ago2.73 bp11.0 bp −$1116.9 bp −$169doesn't fitdoesn't fit
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−0.1421%1h10.950−0.563%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0022%1h11.0120.000%$5.1M$7.9M25xas long as short
Nado AVAX-PERP−0.0004%1h11.007−0.050%$286K$318K10xas long as short
dYdX AVAX-USD0.0000%1h11.016+0.032%$96K$97K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.013+0.010%$12K150xas long as short
Kraken Futures PF_AVAXUSD+0.0020%1h11.015+0.030%$4.3M$11.3M50xas long as short
Lighter AVAX+0.0096%1h11.007−0.048%$1.2M$2.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.018+0.054%$15K$458K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.017+0.042%$12K$21220xas long as short
Aster AVAXUSDT+0.0100%8h11.011−0.011%$2.2M$1.1M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.015+0.027%$277K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h11.016+0.033%$116.2M$428.5M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.011−0.009%$84.3M$140.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.016+0.036%$20.2M$114.3M50xas long as short
Gate AVAX_USDT+0.0100%8h11.011−0.009%$12.1M$32.2M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.014+0.018%$46.0M$78.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.011−0.009%$15.5M$21.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.014+0.018%$33.1M$47.8M75xas long as short
BingX AVAX-USDC+0.0100%8h11.015+0.027%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.014+0.018%$369K$547K15xas long as short
Variational Omni AVAX+0.0100%8h10.987−0.231%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.988−0.218%$345K$891K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.0120.000%$177K$670K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.014+0.018%$129K$345K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.021+0.082%$194K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h11.030+0.163%$12K$719K20xas long as short
SoDEX AVAX-USDlong+0.0100%1h11.012long leg$19K$71K10x
HTX AVAX-USDT+0.0100%8h11.012+0.005%$366K$791K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.014+0.018%$29.4M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h11.013+0.009%$678K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.007−0.048%$253K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.013+0.009%$5.0M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0232%1h11.007−0.045%$896K$5.2M50x
Reya AVAXRUSDPERP+0.0244%1h11.008−0.034%$1K20xas long as short
Hyperliquid AVAX+0.0365%1h11.021+0.082%$42.8M$41.6M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.013+0.007%$234K120xas long as short