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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.045%
Price spread now: Reya against Popdex−0.083%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 fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.083% cheaper against Popdex than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 45 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex AVAXUSDT11.1290.0096pay 0.0012% / 1h36m 55s$16K$579K50x
ShortReya AVAXRUSDPERP11.1200.0244get 0.0031% / 1h36m 55s$1K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against Popdex. 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
$31.13
Price spread: −0.083% → 0.000%
−$8.33
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Reya: 3 bp × 2 orders
−$6
Net
$10.4
Costs to cover
0.124%
Break-even
4.7 days
Slippage unknown: Popdex: live order book, 22 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 Popdex live order book, 22 min ago2.24 bp6.2 bp −$615.6 bp −$156doesn'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 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%1h11.090−0.350%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0109%1h11.131+0.018%$5.2M$7.9M25xas long as short
Nado AVAX-PERP−0.0032%1h11.118−0.094%$286K$373K10xas long as short
dYdX AVAX-USD0.0000%1h11.138+0.081%$97K$97K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.132+0.029%$13K150xas long as short
Lighter AVAX+0.0096%1h11.136+0.067%$1.2M$2.9M10xas long as short
Popdex AVAXUSDTlong+0.0096%1h11.129long leg$16K$579K50x
Paradex AVAX-USD-PERP+0.0100%8h11.137+0.071%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.136+0.063%$2.3M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h11.141+0.105%$290K$114K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AVAXUSDT+0.0100%8h11.135+0.054%$118.2M$426.9M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.131+0.018%$88.3M$137.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.131+0.018%$20.4M$115.5M50xas long as short
Gate AVAX_USDT+0.0100%8h11.136+0.063%$12.2M$34.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.139+0.090%$48.1M$77.6M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.139+0.090%$15.7M$21.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.137+0.072%$33.4M$48.0M75xas long as short
BingX AVAX-USDC+0.0100%8h11.138+0.081%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.135+0.054%$336K$521K15xas long as short
Variational Omni AVAX+0.0100%8h11.161+0.291%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.157+0.249%$352K$845K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.154+0.225%$179K$673K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.131+0.018%$131K$337K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.137+0.072%$196K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h11.149+0.177%$12K$704K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.135+0.054%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.115−0.122%$363K$826K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.135+0.054%$29.7M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h11.135+0.056%$689K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.113−0.146%$255K3xas long as short
Kraken Futures PF_AVAXUSD+0.0211%1h11.140+0.097%$4.3M$11.2M50xas long as short
BloFin AVAX-USDT+0.0220%8h11.140+0.099%$5.0M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0232%1h11.156+0.243%$892K$5.3M50xas long as short
Reya AVAXRUSDPERPshort+0.0244%1h11.120−0.083%$1K20x
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.132+0.028%$236K120xas long as short
Hyperliquid AVAX+0.0590%1h11.150+0.189%$43.2M$42.3M10xas long as short