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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.040%
Price spread now: Popdex against SoDEX+0.063%7-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 feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.063% dearer against SoDEX than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD11.1420.0100pay 0.0013% / 1h57m 51s$19K$72K10x
ShortPopdex AVAXUSDT11.1490.0096get 0.0012% / 1h57m 51s$17K$600K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against SoDEX. 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
−$0.84
Price spread: +0.063% → 0.000%
$6.28
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$8.96
Costs to cover
0.144%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Popdex: live order book, 11 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 SoDEX no order-book sample
Sell Popdex live order book, 11 min ago1.78 bp5.7 bp −$616.3 bp −$163doesn't fitdoesn't fit
SoDEX: 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%1h11.090−0.467%$17K$151K12xas long as short
Nado AVAX-PERP−0.0053%1h11.149+0.063%$291K$578K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0019%1h11.139−0.027%$5.2M$8.3M25xas long as short
dYdX AVAX-USD0.0000%1h11.119−0.210%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.141−0.008%$13K150xas long as short
Lighter AVAX+0.0096%1h11.144+0.018%$1.2M$3.0M10xas long as short
Popdex AVAXUSDTshort+0.0096%1h11.149+0.063%$17K$600K50x
Paradex AVAX-USD-PERP+0.0100%8h11.130−0.112%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.145+0.030%$2.3M$1.4M75xas long as short
Pacifica AVAX+0.0100%1h11.127−0.134%$295K$107K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance AVAXUSDT+0.0100%8h11.148+0.054%$118.9M$473.7M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.147+0.045%$88.7M$146.5M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.143+0.009%$19.9M$128.9M50xas long as short
Gate AVAX_USDT+0.0100%8h11.147+0.045%$12.1M$36.3M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.149+0.063%$49.7M$81.7M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.149+0.063%$15.2M$22.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.148+0.054%$33.8M$53.1M75xas long as short
BingX AVAX-USDC+0.0100%8h11.147+0.045%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.148+0.054%$356K$550K15xas long as short
Variational Omni AVAX+0.0100%8h11.112−0.273%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.119−0.205%$350K$847K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.164+0.197%$179K$688K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.156+0.126%$131K$370K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.150+0.072%$196K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.181+0.355%$12K$719K20xas long as short
SoDEX AVAX-USDlong+0.0100%1h11.142long leg$19K$72K10x
HTX AVAX-USDT+0.0100%8h11.143+0.004%$363K$942K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.143+0.009%$29.9M$5.1M50xas long as short
Extended AVAX-USD+0.0104%1h11.145+0.025%$668K$2.0M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.143+0.008%$256K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.161+0.171%$5.0M$6.1M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.150+0.074%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0254%1h11.145+0.031%$4.3M$12.4M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0288%1h11.161+0.171%$901K$6.3M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.142+0.003%$237K120xas long as short
Hyperliquid AVAX+0.0493%1h11.161+0.171%$43.6M$49.1M10xas long as short