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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Coinbase International against Aevo+0.101%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,126as in the Price arb table
costs, in and out, $10k−$1,12811.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.101%, 7d avg +0.086%
Together, before fees+0.073%+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AVAX-PERP10.8760.0104pay 0.0013% / 1h52m 56s$250K3x
ShortCoinbase International AVAX-PERP-INTX10.8870.0208get 0.0026% / 1h52m 56s$861K$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aevo. 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
$21.84
Price spread: +0.101% → +0.086%
$1.47
Slippage, 4 orders
−$1,101.64
Fee Aevo: 8 bp × 2 orders
−$16
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$1,104.33
Costs to cover
11.276%
Break-even
361.0 days
Slippage from Aevo: live order book, 59 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo live order book, 59 min ago249.12 bp516.1 bp −$516doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago4.59 bp13.2 bp −$1319.9 bp −$199doesn't fitdoesn't fit

AVAX on 36 exchanges

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−0.0140%8h10.876−0.003%$3.1M$2.1Mas long as short
Gate AVAX_USDT−0.0114%8h10.879+0.028%$14.5M$26.6M75xas long as short
SoDEX AVAX-USD−0.0083%1h10.880+0.037%$19K$68K10xas long as short
Kraken Futures PF_AVAXUSD−0.0056%1h10.885+0.087%$3.7M$10.9M50xas long as short
Bybit AVAXUSDT−0.0047%8h10.874−0.018%$84.8M$131.6M75xas long as short
Phemex AVAXUSDT−0.0042%8h10.878+0.018%$29.0M$5.6M50xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0026%1h10.884+0.074%$5.0M$6.6M25xas long as short
Nado AVAX-PERP−0.0008%1h10.875−0.005%$276K$300K10xas long as short
dYdX AVAX-USD0.0000%1h10.887+0.104%$93K$100K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.884+0.074%$23K150xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−1.067%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0094%8h10.874−0.018%$19.3M$102.5M50xas long as short
Lighter AVAX+0.0096%1h10.881+0.048%$1.2M$1.9M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.879+0.028%$23K$438K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h10.879+0.029%$12K$6220xas long as short
Aster AVAXUSDT+0.0100%8h10.880+0.037%$2.2M$1.3M75xas long as short
Pacifica AVAX+0.0100%1h10.884+0.074%$274K$122K10xas long as short
Binance AVAXUSDT+0.0100%8h10.878+0.018%$114.9M$373.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.879+0.028%$52.8M$69.3M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.884+0.074%$14.3M$18.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.8760.000%$33.1M$43.2M75xas long as short
BingX AVAX-USDC+0.0100%8h10.880+0.037%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.883+0.064%$439K$522K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.889+0.116%$343K$1.5M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.893+0.156%$175K$658K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.880+0.037%$137K$247K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.888+0.110%$235K$217K20xas long as short
SunX AVAX-USDT+0.0100%8h10.909+0.301%$12K$772K20xas long as short
HTX AVAX-USDT+0.0100%8h10.878+0.017%$326K$948K75xas long as short
Extended AVAX-USD+0.0104%1h10.871−0.042%$618K$1.4M25xas long as short
Aevo AVAX-PERPlong+0.0104%1h10.876long leg$250K3x
Hyperliquid AVAX+0.0119%1h10.895+0.175%$36.2M$37.4M10xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0208%1h10.887+0.101%$861K$5.1M50x
BloFin AVAX-USDT+0.0220%8h10.879+0.028%$4.8M$5.2M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.873−0.024%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0444% / S −0.0294%1h10.881+0.045%$230K120xas long as short