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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.043%
Price spread now: Polymarket Perps against Orderly−0.071%7-day average −0.010% · 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+0.015%+$2 on $10k
Price spread, last 3 days (all we have)+0.199%+$20 · spread now −0.071%, 7d avg −0.010%
Together, before fees+0.215%+$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.062% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_AVAX_USDC11.2020.0100pay 0.0100% / 8h1h 49m$201K$301K20x
ShortPolymarket Perps AVAX-USD11.1940.0100get 0.0013% / 1h49m 04s$133K$459K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Orderly. 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
$0
Price spread: −0.071% → −0.010%
−$6.16
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$20.16
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 33 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 Orderly no order-book sample
Sell Polymarket Perps live order book, 33 min ago2.21 bp8.3 bp −$89.7 bp −$97doesn't fitdoesn't fit
Orderly: 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−0.0570%1h11.140−0.553%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0107%1h11.190−0.107%$5.3M$9.2M25xas long as short
Variational Omni AVAX−0.0043%8h11.261+0.523%$3.0M$2.3Mas long as short
dYdX AVAX-USD0.0000%1h11.244+0.371%$99K$107K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0004%1h11.193−0.084%$16K150xas long as short
Nado AVAX-PERP+0.0019%1h11.187−0.129%$295K$948K10xas long as short
Gate AVAX_USDT+0.0094%8h11.190−0.107%$12.2M$39.6M75xas long as short
Lighter AVAX+0.0096%1h11.193−0.080%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.199−0.027%$13K$696K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h11.243+0.362%$13K$76620xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AVAXUSDT+0.0100%8h11.190−0.106%$2.3M$1.9M75xas long as short
Pacifica AVAX+0.0100%1h11.246+0.394%$299K$120K10xas long as short
Binance AVAXUSDT+0.0100%8h11.191−0.097%$119.9M$528.7M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.188−0.125%$87.8M$157.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.187−0.134%$20.1M$146.4M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.191−0.098%$52.4M$99.6M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.192−0.089%$16.1M$24.4M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.187−0.134%$33.8M$60.3M75xas long as short
BingX AVAX-USDT+0.0100%8h11.188−0.125%$90.0Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.187−0.134%$357K$579K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.257+0.491%$356K$885K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.267+0.580%$181K$686K50xas long as short
Polymarket Perps AVAX-USDshort+0.0100%1h11.194−0.071%$133K$459K10x
Orderly PERP_AVAX_USDClong+0.0100%8h11.202long leg$201K$301K20x
SunX AVAX-USDT+0.0100%8h11.267+0.581%$12K$723K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.190−0.107%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.188−0.121%$361K$1.1M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.193−0.080%$30.1M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.187−0.131%$669K$2.2M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.188−0.121%$257K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0192%1h11.200−0.018%$897K$8.3M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.188−0.125%$5.0M$8.0M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.188−0.129%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0396% / S −0.0236%1h11.192−0.090%$236K120xas long as short
Hyperliquid AVAX+0.0497%1h11.204+0.018%$43.3M$57.8M10xas long as short
Kraken Futures PF_AVAXUSD+0.0632%1h11.193−0.079%$4.6M$13.5M50xas long as short