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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0229%/8h= −25.1% APRnext payment $0.29 per $10,000 · paid last 24h −0.053%
Price spread now: gTrade (Gains Network) against Coinbase International−0.117%7-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 −$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.117% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AVAX-PERP-INTX10.9940.0232pay 0.0029% / 1h13m 38s$890K$5.2M50x
ShortgTrade (Gains Network) AVAX/USD10.981L +0.0002% / S −0.0003%get 0.0000% / 1h13m 38s$12K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$48.08
Price spread: −0.117% → 0.000%
−$11.73
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$79.81
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; 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 Coinbase International live order book, 5 min ago4.08 bp13.0 bp −$1318.6 bp −$186doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
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%1h10.990−0.036%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0023%1h10.984−0.091%$5.1M$7.9M25xas long as short
Nado AVAX-PERP−0.0013%1h10.978−0.141%$286K$371K10xas long as short
dYdX AVAX-USD0.0000%1h11.016+0.202%$96K$97K10xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h10.981−0.117%$12K150x
Lighter AVAX+0.0096%1h11.011+0.152%$1.2M$2.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.010+0.146%$15K$550K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.013+0.176%$12K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.003+0.086%$2.2M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h11.016+0.199%$287K$114K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AVAXUSDT+0.0100%8h11.013+0.177%$116.0M$430.5M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.008+0.127%$85.2M$139.7M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.013+0.173%$20.2M$115.0M50xas long as short
Gate AVAX_USDT+0.0100%8h11.013+0.173%$12.1M$34.5M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.014+0.182%$46.3M$78.6M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.017+0.209%$15.5M$21.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.012+0.164%$33.0M$48.0M75xas long as short
BingX AVAX-USDT+0.0100%8h11.011+0.155%$78.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.988−0.055%$330K$525K15xas long as short
Variational Omni AVAX+0.0100%8h10.963−0.286%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.041+0.426%$352K$874K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.040+0.418%$178K$671K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.980−0.127%$129K$345K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.990−0.036%$193K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h11.010+0.146%$12K$715K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.986−0.073%$18K$71K10xas long as short
HTX AVAX-USDT+0.0100%8h10.986−0.077%$366K$812K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.987−0.064%$29.3M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h11.006+0.113%$678K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.979−0.136%$252K3xas long as short
Kraken Futures PF_AVAXUSD+0.0214%1h10.986−0.069%$4.2M$11.3M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.991−0.027%$5.0M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTXlong+0.0232%1h10.994long leg$890K$5.2M50x
Reya AVAXRUSDPERP+0.0244%1h10.975−0.175%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h10.981−0.120%$233K120xas long as short
Hyperliquid AVAX+0.0512%1h11.030+0.327%$42.8M$42.1M10xas long as short