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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: Popdex against ApeX Omni−0.207%57s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.207%, 7d avg −0.030%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.177% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.030%). If the spread goes back, that is −$18 on $10k: about 3.7 days of funding at the current rate (+$5 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni AVAXUSDT10.619−0.0063get 0.0008% / 1h48m 13s$171K$666K50x
ShortPopdex AVAXUSDT10.5970.0096get 0.0012% / 1h48m 13s$10K$447K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against ApeX Omni. 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
$33.45
Price spread: −0.207% → −0.030%
−$17.68
Slippage, 4 orders
−$29.57
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$30.21
Costs to cover
0.460%
Break-even
13.3 days
Slippage from ApeX Omni: live order book, 65 min ago; Popdex: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 65 min ago6.36 bp15.7 bp −$1664.9 bp −$649doesn't fitdoesn't fit
Sell Popdex live order book, 1 min ago1.89 bp7.0 bp −$721.3 bp −$213doesn't fitdoesn't fit

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%1h10.760+1.328%$17K$152K12xas long as short
Kraken Futures PF_AVAXUSD−0.0282%1h10.598−0.194%$4.2M$11.3M50xas long as short
ApeX Omni AVAXUSDTlong−0.0063%1h10.619long leg$171K$666K50x
Deribit AVAX_USDC-PERPETUAL−0.0033%1h10.592−0.254%$4.8M$7.6M25xas long as short
Polymarket Perps AVAX-USD−0.0013%1h10.599−0.188%$130K$345K10xas long as short
dYdX AVAX-USD0.0000%1h10.595−0.225%$93K$101K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.598−0.198%$12K150xas long as short
Gate AVAX_USDT+0.0015%8h10.596−0.217%$12.0M$31.7M75xas long as short
Variational Omni AVAX+0.0037%8h10.617−0.022%$2.8M$2.2Mas long as short
Backpack AVAX_USDC_PERP+0.0053%1h10.594−0.235%$369K$532K15xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado AVAX-PERP+0.0093%1h10.601−0.170%$290K$326K10xas long as short
Paradex AVAX-USD-PERP+0.0096%8h10.589−0.284%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.590−0.272%$1.2M$2.6M10xas long as short
Popdex AVAXUSDTshort+0.0096%1h10.597−0.207%$10K$447K50x
Hyperliquid AVAX+0.0100%1h10.602−0.160%$38.2M$43.0M10xas long as short
Aster AVAXUSDT+0.0100%8h10.586−0.309%$2.1M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h10.601−0.174%$266K$130K10xas long as short
Binance AVAXUSDT+0.0100%8h10.596−0.217%$111.1M$425.2M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.594−0.235%$78.6M$142.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.599−0.188%$18.6M$110.2M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.597−0.207%$41.0M$78.9M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.597−0.207%$13.5M$22.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.587−0.301%$31.4M$48.7M75xas long as short
BingX AVAX-USDT+0.0100%8h10.593−0.245%$54.7Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.618−0.009%$335K$950K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.598−0.198%$165K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h10.620+0.008%$11K$740K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.590−0.273%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.604−0.137%$351K$787K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.600−0.179%$28.3M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.585−0.319%$638K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.591−0.268%$243K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0216%1h10.598−0.198%$856K$4.7M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.599−0.188%$4.7M$5.5M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h10.591−0.265%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0277%1h10.597−0.211%$230K120xas long as short