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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0208%/8h= −22.8% APRnext payment $0.26 per $10,000 · paid last 24h −0.057%
Price spread now: dYdX against Coinbase International−0.159%7-day average −0.066% · 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 7 days−0.358%−$36 on $10k
Price spread, last 4 days (all we have)+0.344%+$34 · spread now −0.159%, 7d avg −0.066%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and dYdX is 0.093% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AVAX-PERP-INTX10.9020.0208pay 0.0026% / 1h45m 00s$851K$4.8M50x
ShortdYdX AVAX-USD10.8850get 0.0000% / 1h45m 00s$93K$100K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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
−$43.68
Price spread: −0.159% → −0.066%
−$9.34
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$73.02
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; dYdX: 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 Coinbase International live order book, 2 min ago2.76 bp12.7 bp −$1318.2 bp −$182doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AVAX−0.0171%8h10.863−0.360%$3.1M$1.9Mas long as short
Polymarket Perps AVAX-USD−0.0131%1h10.886−0.147%$60K$352K10xas long as short
Gate AVAX_USDT−0.0122%8h10.886−0.147%$14.9M$24.8M75xas long as short
Kraken Futures PF_AVAXUSD−0.0114%1h10.890−0.106%$3.8M$10.4M50xas long as short
Bybit AVAXUSDT−0.0098%8h10.884−0.165%$84.9M$128.2M75xas long as short
Phemex AVAXUSDT−0.0025%8h10.886−0.147%$29.0M$5.5M50xas long as short
dYdX AVAX-USDshort0.0000%1h10.885−0.159%$93K$100K10x
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.890−0.110%$5.0M$6.5M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.890−0.106%$24K150xas long as short
Nado AVAX-PERP+0.0024%1h10.881−0.193%$279K$255K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−1.303%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0039%8h10.887−0.138%$19.3M$97.8M50xas long as short
SoDEX AVAX-USD+0.0056%1h10.887−0.138%$19K$65K10xas long as short
Paradex AVAX-USD-PERP+0.0092%8h10.880−0.202%$12K$6220xas long as short
MEXC AVAX_USDT+0.0092%8h10.888−0.128%$53.7M$66.7M200xas long as short
Binance AVAXUSDT+0.0092%8h10.888−0.126%$114.7M$357.4M75xas long as short
Lighter AVAX+0.0096%1h10.887−0.141%$1.2M$1.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.886−0.147%$24K$425K50xas long as short
Aster AVAXUSDT+0.0100%8h10.888−0.128%$2.2M$1.2M75xas long as short
Pacifica AVAX+0.0100%1h10.884−0.163%$274K$86K10xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.890−0.110%$14.3M$18.1M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.883−0.174%$33.2M$41.4M75xas long as short
BingX AVAX-USDC+0.0100%8h10.886−0.147%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.889−0.119%$391K$565K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.894−0.071%$353K$1.6M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.888−0.128%$155K$678K50xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.895−0.064%$238K$211K20xas long as short
SunX AVAX-USDT+0.0100%8h10.920+0.164%$11K$770K20xas long as short
HTX AVAX-USDT+0.0100%8h10.901−0.012%$328K$897K75xas long as short
Extended AVAX-USD+0.0104%1h10.882−0.180%$618K$1.3M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.887−0.133%$250K3xas long as short
Hyperliquid AVAX+0.0144%1h10.901−0.009%$36.4M$33.2M10xas long as short
Coinbase International AVAX-PERP-INTXlong+0.0208%1h10.902long leg$851K$4.8M50x
BloFin AVAX-USDT+0.0212%8h10.887−0.138%$4.7M$5.2M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.885−0.154%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0464% / S −0.0317%1h10.891−0.100%$241K120xas long as short