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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.041%
Price spread now: GMX against Aevo+0.055%7-day average +0.069% · 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)+0.164%+$16 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.055%, 7d avg +0.069%
Together, before fees+0.167%+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.069%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo AVAX-PERP10.6670.0104pay 0.0013% / 1h1m 16s$245K3x
ShortGMX AVAX/USD [AVAX-USDC]10.673L +0.0443% / S −0.0294%get 0.0037% / 1h1m 16s$225K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$39.9
Price spread: +0.055% → +0.069%
−$1.38
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$10.52
Costs to cover
0.280%
Break-even
5.2 days
Slippage unknown: Aevo: live order book, 43 min ago; GMX: 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 Aevo live order book, 43 min ago205.90 bp438.3 bp −$438doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Nado AVAX-PERP−0.0194%1h10.670+0.024%$280K$335K10xas long as short
Variational Omni AVAX−0.0062%8h10.713+0.424%$2.9M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.673+0.054%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.674+0.062%$4.8M$6.9M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.673+0.053%$12K150xas long as short
Gate AVAX_USDT+0.0012%8h10.668+0.006%$12.9M$32.5M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.868%$17K$152K12xas long as short
SoDEX AVAX-USD+0.0073%1h10.672+0.043%$18K$72K10xas long as short
Paradex AVAX-USD-PERP+0.0084%8h10.669+0.017%$12K$21220xas long as short
Bybit AVAXUSDT+0.0085%8h10.668+0.006%$81.4M$143.1M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter AVAX+0.0096%1h10.672+0.040%$1.2M$2.5M10xas long as short
Popdex AVAXUSDT+0.0096%1h10.667−0.004%$25K$473K50xas long as short
Hyperliquid AVAX+0.0100%1h10.678+0.099%$37.1M$43.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.678+0.096%$2.2M$1.0M75xas long as short
Pacifica AVAX+0.0100%1h10.679+0.112%$268K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.671+0.036%$113.0M$419.2M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.668+0.006%$18.7M$110.8M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.672+0.043%$45.4M$81.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.671+0.034%$13.6M$22.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.672+0.043%$32.3M$48.2M75xas long as short
BingX AVAX-USDC+0.0100%8h10.671+0.034%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.675+0.071%$435K$558K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.681+0.128%$338K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.702+0.324%$173K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.672+0.043%$134K$347K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.679+0.109%$230K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.697+0.278%$11K$769K20xas long as short
HTX AVAX-USDT+0.0100%8h10.676+0.084%$325K$884K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.674+0.062%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.669+0.010%$609K$1.4M25xas long as short
Aevo AVAX-PERPlong+0.0104%1h10.667long leg$245K3x
Kraken Futures PF_AVAXUSD+0.0113%1h10.672+0.040%$3.8M$12.0M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0200%1h10.677+0.090%$849K$5.1M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.671+0.034%$4.6M$5.5M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.668+0.004%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]shortL +0.0443% / S −0.0294%1h10.673+0.055%$225K120x