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+0.0195%/8h= +21.3% APRnext payment +$0.24 per $10,000 · paid last 24h +0.078%
Price spread now: GMX against SoDEX+0.019%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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD11.1620.0100pay 0.0013% / 1h2m 21s$19K$72K10x
ShortGMX AVAX/USD [AVAX-USDC]11.164L +0.0436% / S −0.0295%get 0.0037% / 1h2m 21s$237K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$40.92
Price spread: +0.019% → 0.000%
$1.92
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$22.83
Costs to cover
0.200%
Break-even
3.1 days
Slippage unknown: SoDEX: no order-book sample; GMX: 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 GMX no order-book sample
SoDEX and GMX: 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 35 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%1h11.060−0.914%$17K$151K12xas long as short
Nado AVAX-PERP−0.0036%1h11.163+0.013%$287K$470K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0019%1h11.159−0.027%$5.2M$8.0M25xas long as short
dYdX AVAX-USD0.0000%1h11.158−0.032%$103K$87K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.165+0.027%$13K150xas long as short
Gate AVAX_USDT+0.0094%8h11.167+0.045%$12.2M$36.8M75xas long as short
Lighter AVAX+0.0096%1h11.156−0.056%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.160−0.018%$15K$577K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.157−0.043%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.161−0.011%$2.3M$1.3M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.161−0.009%$296K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.166+0.036%$119.0M$444.4M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.1620.000%$88.6M$140.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.160−0.018%$20.1M$121.4M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.1620.000%$48.8M$82.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.164+0.018%$15.6M$22.1M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.161−0.009%$33.5M$49.7M75xas long as short
BingX AVAX-USDC+0.0100%8h11.167+0.045%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.155−0.063%$357K$501K15xas long as short
Variational Omni AVAX+0.0100%8h11.108−0.488%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.117−0.399%$351K$801K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.106−0.502%$178K$678K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.165+0.027%$131K$349K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.167+0.045%$196K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.192+0.270%$12K$706K20xas long as short
SoDEX AVAX-USDlong+0.0100%1h11.162long leg$19K$72K10x
HTX AVAX-USDT+0.0100%8h11.141−0.186%$362K$855K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.157−0.045%$29.8M$5.6M50xas long as short
Extended AVAX-USD+0.0104%1h11.159−0.029%$675K$1.6M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.155−0.060%$256K3xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.164+0.020%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0254%1h11.165+0.030%$4.3M$11.7M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0288%1h11.168+0.054%$906K$5.7M50xas long as short
Hyperliquid AVAX+0.0386%1h11.175+0.116%$43.4M$44.8M10xas long as short
GMX AVAX/USD [AVAX-USDC]shortL +0.0436% / S −0.0295%1h11.164+0.019%$237K120x