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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.15 per $10,000 · paid last 24h −0.008%
Price spread now: Paradex against SunX−0.116%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.116% cheaper against SunX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AVAX-USDT11.0630.0100pay 0.0100% / 8h3h 31m$12K$701K20x
ShortParadex AVAX-USD-PERP11.0500.0085get 0.0085% / 8h3h 31m$13K$76620x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against SunX. 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
−$3.13
Price spread: −0.116% → 0.000%
−$11.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$26.75
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Paradex: 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 SunX live order book, 10 min ago41.93 bp55.4 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
Variational Omni AVAX−0.0230%8h11.032−0.281%$2.8M$2.2Mas long as short
Nado AVAX-PERP−0.0212%1h11.049−0.120%$297K$967K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0112%1h11.056−0.061%$5.2M$9.4M25xas long as short
Bybit AVAXUSDT−0.0020%8h11.048−0.134%$86.3M$147.4M75xas long as short
OKX AVAX-USDT-SWAP−0.0018%8h11.051−0.107%$19.6M$146.2M50xas long as short
dYdX AVAX-USD0.0000%1h11.056−0.060%$94K$139K10xas long as short
SoDEX AVAX-USD+0.0001%1h11.054−0.080%$18K$72K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.048−0.134%$13K150xas long as short
Injective AVAX/USDC PERP+0.0012%1h11.000−0.568%$17K$103K12xas long as short
Extended AVAX-USD+0.0016%1h11.046−0.150%$651K$2.2M25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International AVAX-PERP-INTX+0.0016%1h11.053−0.089%$807K$8.0M50xas long as short
Gate AVAX_USDT+0.0017%8h11.048−0.134%$12.2M$40.1M75xas long as short
MEXC AVAX_USDT+0.0049%8h11.051−0.107%$51.2M$112.3M200xas long as short
Binance AVAXUSDT+0.0049%8h11.050−0.116%$118.0M$543.2M75xas long as short
Backpack AVAX_USDC_PERP+0.0067%1h11.054−0.080%$313K$553K15xas long as short
Phemex AVAXUSDT+0.0069%8h11.057−0.052%$29.6M$4.8M50xas long as short
BingX AVAX-USDC+0.0069%8h11.047−0.143%$6.5Mas long as short
Bitget AVAXUSDT+0.0076%8h11.054−0.080%$34.2M$63.1M75xas long as short
Paradex AVAX-USD-PERPshort+0.0085%8h11.050−0.116%$13K$76620x
Aster AVAXUSDT+0.0088%8h11.051−0.105%$2.3M$2.0M75xas long as short
Lighter AVAX+0.0096%1h11.055−0.069%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.030−0.296%$16K$708K50xas long as short
Aevo AVAX-PERP+0.0096%1h11.114+0.464%$255K3xas long as short
Pacifica AVAX+0.0100%1h11.056−0.060%$299K$118K10xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.051−0.107%$15.6M$24.8M75xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.036−0.238%$358K$863K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.043−0.179%$178K$703K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.043−0.179%$115K$489K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.063+0.002%$214K$287K20xas long as short
SunX AVAX-USDTlong+0.0100%8h11.063long leg$12K$701K20x
HTX AVAX-USDT+0.0100%8h11.040−0.211%$353K$1.2M75xas long as short
BloFin AVAX-USDT+0.0169%8h11.041−0.197%$4.9M$8.9M100xas long as short
Kraken Futures PF_AVAXUSD+0.0238%1h11.063+0.002%$4.6M$13.7M50xas long as short
Reya AVAXRUSDPERP+0.0243%1h11.041−0.195%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0409% / S −0.0244%1h11.045−0.161%$238K120xas long as short
Hyperliquid AVAX+0.0437%1h11.068+0.047%$41.5M$58.7M10xas long as short