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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0144%/8h= +15.7% APRpaid last 24h +0.054%
Price spread now: Reya against Bitget+0.335%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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.335% dearer against Bitget than usual: you sell high and buy low: +$33 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AVAXUSDT11.2100.0100pay 0.0100% / 8h1h 05m$34.1M$60.0M75x
ShortReya AVAXRUSDPERP11.2480.0244get 0.0030% / 1h5m 59s$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Bitget. 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
$30.18
Price spread: +0.335% → 0.000%
$33.47
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Reya: 3 bp × 2 orders
−$6
Net
$45.64
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Bitget: live order book, 8 min ago; Reya: 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 Bitget live order book, 8 min ago0.44 bp8.9 bp −$915.8 bp −$15832.4 bp −$3,244doesn't fit
Sell Reya no order-book sample
Reya: 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−0.0570%1h11.170−0.357%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0106%1h11.241+0.277%$5.3M$9.1M25xas long as short
Nado AVAX-PERP−0.0043%1h11.246+0.321%$297K$892K10xas long as short
dYdX AVAX-USD0.0000%1h11.237+0.243%$103K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.246+0.318%$13K150xas long as short
Variational Omni AVAX+0.0019%8h11.219+0.080%$3.0M$2.4Mas long as short
Lighter AVAX+0.0096%1h11.240+0.267%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.247+0.330%$17K$686K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h11.235+0.221%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.239+0.260%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.236+0.232%$298K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.218+0.075%$120.1M$524.7M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.211+0.009%$89.1M$157.4M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.207−0.027%$20.2M$145.7M50xas long as short
Gate AVAX_USDT+0.0100%8h11.242+0.285%$12.5M$40.8M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.211+0.009%$51.2M$100.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.214+0.036%$15.9M$24.4M75xas long as short
Bitget AVAXUSDTlong+0.0100%8h11.210long leg$34.1M$60.0M75x
BingX AVAX-USDC+0.0100%8h11.231+0.187%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.234+0.214%$359K$568K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.242+0.281%$359K$877K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.245+0.312%$181K$686K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.252+0.375%$134K$459K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.251+0.366%$202K$301K20xas long as short
SunX AVAX-USDT+0.0100%8h11.281+0.632%$12K$735K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.241+0.277%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.242+0.290%$363K$1.1M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.239+0.259%$30.2M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.206−0.038%$669K$2.2M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.268+0.517%$259K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0192%1h11.259+0.437%$912K$8.2M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.243+0.294%$5.0M$8.0M100xas long as short
Reya AVAXRUSDPERPshort+0.0244%1h11.248+0.335%$1K20x
GMX AVAX/USD [AVAX-USDC]L +0.0412% / S −0.0260%1h11.245+0.315%$237K120xas long as short
Hyperliquid AVAX+0.0587%1h11.244+0.303%$43.5M$56.6M10xas long as short
Kraken Futures PF_AVAXUSD+0.0629%1h11.248+0.340%$4.6M$13.5M50xas long as short