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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.015%
Price spread now: Reya against Coinbase International−0.144%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 4 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
Funding pays, the price is against you. Reya is 0.144% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AVAX-PERP-INTX10.8600.0208pay 0.0026% / 1h47m 14s$860K$5.1M50x
ShortReya AVAXRUSDPERP10.8440.0245get 0.0031% / 1h47m 14s$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$7.79
Price spread: −0.144% → 0.000%
−$14.41
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Reya: 3 bp × 2 orders
−$6
Net
−$22.62
Costs to cover
0.160%
Break-even
27.3 days
Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago3.69 bp12.7 bp −$1318.0 bp −$180doesn't fitdoesn'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 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−0.0145%8h10.831−0.269%$3.0M$2.1Mas long as short
Gate AVAX_USDT−0.0112%8h10.852−0.074%$14.5M$26.7M75xas long as short
Kraken Futures PF_AVAXUSD−0.0056%1h10.853−0.062%$3.7M$10.9M50xas long as short
SoDEX AVAX-USD−0.0053%1h10.851−0.083%$18K$67K10xas long as short
Bybit AVAXUSDT−0.0052%8h10.850−0.092%$84.6M$131.3M75xas long as short
Phemex AVAXUSDT−0.0014%8h10.850−0.092%$28.9M$5.6M50xas long as short
Nado AVAX-PERP−0.0013%1h10.856−0.037%$276K$299K10xas long as short
dYdX AVAX-USD0.0000%1h10.853−0.063%$92K$100K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.851−0.083%$5.0M$6.6M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.854−0.052%$23K150xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−0.921%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0090%8h10.851−0.083%$19.3M$101.6M50xas long as short
Lighter AVAX+0.0096%1h10.851−0.079%$1.2M$1.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.848−0.110%$23K$438K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h10.855−0.049%$12K$6220xas long as short
Hyperliquid AVAX+0.0100%1h10.862+0.018%$36.2M$37.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.852−0.072%$2.2M$1.3M75xas long as short
Pacifica AVAX+0.0100%1h10.863+0.025%$273K$105K10xas long as short
Binance AVAXUSDT+0.0100%8h10.851−0.083%$114.1M$372.7M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.850−0.092%$52.4M$69.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.857−0.028%$14.2M$18.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.848−0.110%$33.1M$43.2M75xas long as short
BingX AVAX-USDC+0.0100%8h10.847−0.120%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.866+0.055%$439K$521K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.840−0.184%$344K$1.5M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.845−0.138%$174K$660K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.848−0.110%$137K$247K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.857−0.028%$235K$218K20xas long as short
SunX AVAX-USDT+0.0100%8h10.878+0.162%$12K$774K20xas long as short
HTX AVAX-USDT+0.0100%8h10.848−0.115%$325K$922K75xas long as short
Extended AVAX-USD+0.0104%1h10.844−0.148%$617K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.845−0.143%$249K3xas long as short
Coinbase International AVAX-PERP-INTXlong+0.0208%1h10.860long leg$860K$5.1M50x
BloFin AVAX-USDT+0.0220%8h10.845−0.138%$4.8M$5.2M100xas long as short
Reya AVAXRUSDPERPshort+0.0245%1h10.844−0.144%$1K20x
GMX AVAX/USD [AVAX-USDC]L +0.0445% / S −0.0296%1h10.851−0.085%$230K120xas long as short