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−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h +0.012%
Price spread now: gTrade (Gains Network) against SoDEX−0.081%54s7-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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.081% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD11.0950.0100pay 0.0013% / 1h45m 23s$18K$72K10x
ShortgTrade (Gains Network) AVAX/USD11.086L +0.0002% / S −0.0003%get 0.0000% / 1h45m 23s$13K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$20.36
Price spread: −0.081% → 0.000%
−$8.11
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$46.47
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; gTrade (Gains Network): 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 SoDEX no order-book sample
Sell gTrade (Gains Network) no order-book sample
SoDEX and gTrade (Gains Network): 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%1h11.050−0.406%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0110%1h11.0950.000%$5.2M$8.3M25xas long as short
Nado AVAX-PERP−0.0036%1h11.085−0.090%$288K$525K10xas long as short
dYdX AVAX-USD0.0000%1h11.094−0.006%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h11.086−0.081%$13K150x
Gate AVAX_USDT+0.0080%8h11.084−0.099%$12.1M$36.4M75xas long as short
Lighter AVAX+0.0096%1h11.093−0.014%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.086−0.081%$18K$600K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.094−0.013%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.092−0.025%$2.3M$1.4M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.098+0.029%$295K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.086−0.081%$118.0M$471.4M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.087−0.072%$88.3M$146.1M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.087−0.072%$19.8M$127.0M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.082−0.117%$48.4M$82.0M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.090−0.045%$15.4M$22.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.078−0.153%$33.3M$52.5M75xas long as short
BingX AVAX-USDC+0.0100%8h11.085−0.090%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.096+0.009%$355K$548K15xas long as short
Variational Omni AVAX+0.0100%8h11.094−0.011%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.127+0.288%$353K$807K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.113+0.162%$179K$682K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.087−0.072%$130K$369K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.091−0.036%$195K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.126+0.278%$12K$721K20xas long as short
SoDEX AVAX-USDlong+0.0100%1h11.095long leg$18K$72K10x
HTX AVAX-USDT+0.0100%8h11.094−0.014%$360K$939K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.098+0.027%$29.6M$5.4M50xas long as short
Extended AVAX-USD+0.0104%1h11.083−0.107%$668K$2.0M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.092−0.030%$255K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.117+0.198%$5.0M$6.0M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.080−0.132%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0255%1h11.099+0.037%$4.3M$12.2M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0288%1h11.106+0.099%$909K$6.1M50xas long as short
Hyperliquid AVAX+0.0416%1h11.100+0.045%$43.2M$48.0M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.093−0.020%$235K120xas long as short