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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0144%/8h= −15.8% APRnext payment $0.18 per $10,000 · paid last 24h −0.044%
Price spread now: ApeX Omni against Reya+0.199%63s7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. ApeX Omni is 0.199% dearer against Reya than usual: you sell high and buy low (spread +0.199% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.6 days. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya AVAXRUSDPERP10.9050.0244pay 0.0031% / 1h14m 36s$1K20x
ShortApeX Omni AVAXUSDT10.9270.0100get 0.0013% / 1h14m 36s$175K$665K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$30.33
Price spread: +0.199% → 0.000%
$19.93
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$26.39
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 39 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 Reya no order-book sample
Sell ApeX Omni live order book, 39 min ago6.36 bp15.3 bp −$1584.2 bp −$842doesn't fitdoesn't fit
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−0.1421%1h10.880−0.232%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0025%1h10.910+0.043%$5.0M$7.4M25xas long as short
dYdX AVAX-USD0.0000%1h10.915+0.091%$95K$96K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.916+0.100%$12K150xas long as short
Kraken Futures PF_AVAXUSD+0.0020%1h10.913+0.067%$4.2M$11.0M50xas long as short
Nado AVAX-PERP+0.0029%1h10.906+0.011%$283K$308K10xas long as short
Gate AVAX_USDT+0.0076%8h10.909+0.034%$12.3M$32.5M75xas long as short
Lighter AVAX+0.0096%1h10.909+0.036%$1.2M$2.7M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.909+0.034%$8K$441K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h10.908+0.028%$12K$21220xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster AVAXUSDT+0.0100%8h10.916+0.101%$2.2M$1.1M75xas long as short
Pacifica AVAX+0.0100%1h10.913+0.071%$275K$130K10xas long as short
Binance AVAXUSDT+0.0100%8h10.909+0.034%$114.5M$416.9M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.904−0.012%$82.6M$137.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.907+0.016%$19.8M$109.8M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.907+0.016%$45.5M$78.9M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.912+0.062%$15.0M$21.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.907+0.016%$32.9M$46.9M75xas long as short
BingX AVAX-USDT+0.0100%8h10.907+0.016%$54.8Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.909+0.034%$371K$546K15xas long as short
Variational Omni AVAX+0.0100%8h10.912+0.058%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.925+0.181%$344K$953K10xas long as short
ApeX Omni AVAXUSDTshort+0.0100%1h10.927+0.199%$175K$665K50x
Polymarket Perps AVAX-USD+0.0100%1h10.908+0.025%$128K$343K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.917+0.108%$192K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h10.942+0.333%$12K$718K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.910+0.043%$18K$71K10xas long as short
HTX AVAX-USDT+0.0100%8h10.909+0.039%$358K$775K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.911+0.053%$29.1M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.904−0.013%$673K$1.3M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.913+0.071%$251K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.909+0.034%$4.8M$5.3M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0232%1h10.923+0.163%$889K$4.8M50xas long as short
Hyperliquid AVAX+0.0242%1h10.925+0.181%$41.9M$40.3M10xas long as short
Reya AVAXRUSDPERPlong+0.0244%1h10.905long leg$1K20x
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0279%1h10.915+0.094%$237K120xas long as short