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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Popdex against gTrade (Gains Network)−0.041%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
Funding pays, the price is against you. Popdex is 0.041% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 35 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AVAX/USD10.717L +0.0002% / S −0.0003%pay 0.0000% / 1h52m 20s$12K150x
ShortPopdex AVAXUSDT10.7130.0096get 0.0012% / 1h52m 20s$23K$436K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against gTrade (Gains Network). 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
$19.82
Price spread: −0.041% → 0.000%
−$4.11
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$0.68
Costs to cover
0.164%
Break-even
7.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Popdex: live order book, 56 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Popdex live order book, 56 min ago1.89 bp7.0 bp −$721.3 bp −$213doesn't fitdoesn't fit
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
Nado AVAX-PERP−0.0203%1h10.711−0.060%$287K$339K10xas long as short
Variational Omni AVAX−0.0033%8h10.709−0.082%$2.8M$2.1Mas long as short
dYdX AVAX-USD0.0000%1h10.720+0.021%$89K$117K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.715−0.022%$4.8M$7.3M25xas long as short
gTrade (Gains Network) AVAX/USDlongL +0.0002% / S −0.0003%1h10.717long leg$12K150x
Gate AVAX_USDT+0.0032%8h10.713−0.041%$12.7M$32.0M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.397%$17K$152K12xas long as short
SoDEX AVAX-USD+0.0087%1h10.709−0.078%$18K$72K10xas long as short
Bybit AVAXUSDT+0.0091%8h10.700−0.162%$81.7M$147.5M75xas long as short
Paradex AVAX-USD-PERP+0.0096%8h10.721+0.035%$12K$21220xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.711−0.060%$1.2M$2.5M10xas long as short
Popdex AVAXUSDTshort+0.0096%1h10.713−0.041%$23K$436K50x
Hyperliquid AVAX+0.0100%1h10.724+0.062%$37.6M$43.8M10xas long as short
Aster AVAXUSDT+0.0100%8h10.708−0.085%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.725+0.070%$269K$132K10xas long as short
Binance AVAXUSDT+0.0100%8h10.702−0.144%$113.8M$429.7M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.709−0.078%$18.7M$113.4M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.713−0.041%$45.2M$80.2M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.713−0.041%$13.6M$23.0M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.711−0.060%$32.5M$49.0M75xas long as short
BingX AVAX-USDC+0.0100%8h10.712−0.050%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.724+0.062%$428K$563K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.712−0.050%$347K$1.0M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.720+0.024%$173K$663K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.715−0.022%$136K$354K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.723+0.052%$231K$351K20xas long as short
SunX AVAX-USDT+0.0100%8h10.750+0.304%$12K$764K20xas long as short
HTX AVAX-USDT+0.0100%8h10.709−0.083%$344K$876K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.709−0.078%$28.6M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.709−0.082%$610K$1.5M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.713−0.041%$246K3xas long as short
Kraken Futures PF_AVAXUSD+0.0113%1h10.712−0.049%$4.2M$11.4M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.736+0.174%$934K$5.1M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.714−0.032%$4.7M$5.7M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.709−0.075%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0295%1h10.717−0.002%$227K120xas long as short