Funding you earn now, next payment 23:00 UTC−0.0603%/8h= −66.1% APRnext payment −$0.75 per $10,000 · paid last 24h −0.093%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.163%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and gTrade (Gains Network) is 0.163% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid AVAX | 11.261 | 0.0606 | pay 0.0076% / 1h | 13m 07s | $43.5M | $56.8M | 10x |
| Short | gTrade (Gains Network) AVAX/USD | 11.243 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 13m 07s | $13K | — | 150x |
Hyperliquid AVAX
gTrade (Gains Network) AVAX/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$126.7
- Price spread: −0.163% → 0.000%
- −$16.25
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$161.95
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 10 min ago | 0.88 bp | 5.6 bp −$6 | 13.5 bp −$135 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.0570% | 1h | 11.210 | −0.453% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0106% | 1h | 11.243 | −0.160% | $5.3M | $9.1M | 25x | as long as short |
| Nado AVAX-PERP | −0.0040% | 1h | 11.255 | −0.049% | $297K | $893K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.256 | −0.046% | $104K | $106K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USDshort | L +0.0002% / S −0.0003% | 1h | 11.243 | −0.163% | $13K | — | 150x | |
| Variational Omni AVAX | +0.0009% | 8h | 11.260 | −0.008% | $3.0M | $2.4M | — | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.248 | −0.117% | $1.2M | $3.3M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.252 | −0.080% | $18K | $684K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0099% | 8h | 11.256 | −0.047% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.249 | −0.111% | $2.3M | $1.8M | 75x | as long as short |
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
Nado AVAX-PERP
dYdX AVAX-USD
Variational Omni AVAX
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 11.260 | −0.009% | $299K | $120K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.246 | −0.133% | $120.4M | $524.4M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.245 | −0.142% | $89.1M | $157.1M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.247 | −0.124% | $20.2M | $146.2M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.247 | −0.124% | $12.4M | $40.6M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.245 | −0.142% | $52.0M | $100.2M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.252 | −0.080% | $16.1M | $24.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.244 | −0.151% | $34.1M | $60.0M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 11.247 | −0.124% | — | $88.9M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.246 | −0.133% | $360K | $568K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.260 | −0.009% | $360K | $877K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.263 | +0.018% | $181K | $686K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.254 | −0.062% | $134K | $459K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.252 | −0.080% | $202K | $301K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.283 | +0.193% | $12K | $733K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.246 | −0.133% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.252 | −0.075% | $364K | $1.1M | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.245 | −0.142% | $30.2M | $5.0M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.243 | −0.160% | $672K | $2.2M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.241 | −0.178% | $258K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0192% | 1h | 11.268 | +0.062% | $912K | $8.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.245 | −0.142% | $5.0M | $8.0M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.249 | −0.106% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0409% / S −0.0256% | 1h | 11.243 | −0.157% | $237K | — | 120x | as long as short |
| Hyperliquid AVAXlong | +0.0606% | 1h | 11.261 | long leg | $43.5M | $56.8M | 10x | |
| Kraken Futures PF_AVAXUSD | +0.0629% | 1h | 11.252 | −0.083% | $4.6M | $13.5M | 50x | as long as short |
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]
Kraken Futures PF_AVAXUSD