After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.027%7d average—fees + slippage, in and out−$44spread needed0.436%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVAX_USDC_PERP | 11.062 | 0.0009 | pay 0.0001% / 1h | 29m 00s | $306K | $584K | 15x |
| Short | BingX AVAX-USDC | 11.059 | 0.0065 | get 0.0065% / 8h | 7h 29m | — | $6.6M | — |
Backpack AVAX_USDC_PERP
BingX AVAX-USDCPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$2.71
- Funding while held
- $1.69
- Slippage, 4 orders
- −$23.64
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.67
- Spread needed to break even
- 0.436%
Slippage from Backpack: live order book, 16 min ago; BingX: live order book, 14 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0056%
- Per $10,000 a day
- +$1.69
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 16 min ago | 0.45 bp | 9.8 bp −$10 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 0.90 bp | 13.7 bp −$14 | 31.8 bp −$318 | 91.2 bp −$9,116 | 385.9 bp −$193.0K |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.HTX11.043cheapestVariational Omni11.046+0.029%Bybit11.057+0.128%Paradex11.058+0.139%Nado11.059+0.146%Pacifica11.059+0.146%OKX11.059+0.146%
HTX
Variational Omni
Bybit
Paradex
Nado
Pacifica
OKXBingX11.059+0.146%
Aevo11.059+0.146%Bitget11.060+0.155%SoDEX11.060+0.155%Extended11.061+0.161%Gate11.061+0.164%KuCoin11.061+0.164%Phemex11.061+0.164%Binance11.061+0.168%
Aevo
Bitget
SoDEX
Extended
Gate
KuCoin
Phemex
BinanceBackpack11.062+0.173%
Deribit11.062+0.173%BloFin11.062+0.173%Aster11.062+0.174%Coinbase International11.063+0.182%dYdX11.064+0.189%MEXC11.064+0.191%Lighter11.064+0.193%Reya11.067+0.221%Popdex11.068+0.227%GMX11.068+0.228%gTrade (Gains Network)11.068+0.228%Polymarket Perps11.069+0.236%Orderly11.069+0.236%ApeX Omni11.070+0.245%Kraken Futures11.072+0.259%Hyperliquid11.075+0.291%SunX11.101+0.531%Injective11.170+1.151%
Deribit
BloFin
Aster
Coinbase International
dYdX
MEXC
Lighter
Reya
Popdex
GMX
gTrade (Gains Network)
Polymarket Perps
Orderly
ApeX Omni
Kraken Futures
Hyperliquid
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX AVAX-USDT | −0.173% | +0.0100% | 8h | $355K | $1.4M | 75x | as long as short |
| Variational Omni AVAX | −0.144% | −0.0257% | 8h | $2.9M | $2.9M | — | as long as short |
| Bybit AVAXUSDT | −0.045% | −0.0270% | 8h | $87.9M | $164.9M | 75x | as long as short |
| Paradex AVAX-USD-PERP | −0.034% | +0.0068% | 8h | $13K | $2K | 20x | as long as short |
| Nado AVAX-PERP | −0.027% | +0.0076% | 1h | $309K | $1.3M | 10x | as long as short |
| Pacifica AVAX | −0.027% | +0.0100% | 1h | $299K | $136K | 10x | as long as short |
| OKX AVAX-USDT-SWAP | −0.027% | −0.0016% | 8h | $20.4M | $164.4M | 50x | as long as short |
| BingX AVAX-USDCshort | −0.027% | +0.0065% | 8h | — | $6.6M | — | |
| Aevo AVAX-PERP | −0.027% | +0.0080% | 1h | $254K | — | 3x | as long as short |
| Bitget AVAXUSDT | −0.018% | +0.0065% | 8h | $34.1M | $70.3M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX AVAX-USD | −0.018% | −0.0063% | 1h | $19K | $75K | 10x | as long as short |
| Extended AVAX-USD | −0.012% | +0.0104% | 1h | $636K | $2.3M | 25x | as long as short |
| Gate AVAX_USDT | −0.009% | −0.0021% | 8h | $12.2M | $45.1M | 75x | as long as short |
| KuCoin AVAXUSDTM | −0.009% | +0.0100% | 8h | $14.5M | $26.6M | 75x | as long as short |
| Phemex AVAXUSDT | −0.009% | −0.0038% | 8h | $29.6M | $4.9M | 50x | as long as short |
| Binance AVAXUSDT | −0.005% | +0.0004% | 8h | $120.0M | $610.1M | 75x | as long as short |
| Backpack AVAX_USDC_PERPlong | 0.000% | +0.0009% | 1h | $306K | $584K | 15x | |
| Deribit AVAX_USDC-PERPETUAL | 0.000% | −0.0202% | 1h | $5.2M | $11.1M | 25x | as long as short |
| BloFin AVAX-USDT | 0.000% | +0.0015% | 8h | $5.1M | $10.6M | 100x | as long as short |
| Aster AVAXUSDT | +0.001% | −0.0001% | 8h | $2.3M | $2.6M | 75x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.009% | +0.0096% | 1h | $822K | $9.8M | 50x | as long as short |
| dYdX AVAX-USD | +0.016% | 0.0000% | 1h | $63K | $167K | 10x | as long as short |
| MEXC AVAX_USDT | +0.018% | +0.0002% | 8h | $52.5M | $145.7M | 200x | as long as short |
| Lighter AVAX | +0.020% | +0.0096% | 1h | $1.3M | $3.2M | 10x | as long as short |
| Reya AVAXRUSDPERP | +0.048% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Popdex AVAXUSDT | +0.054% | +0.0096% | 1h | $15K | $837K | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.055% | L +0.0402% / S −0.0235% | 1h | $233K | — | 120x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.055% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| Polymarket Perps AVAX-USD | +0.063% | +0.0086% | 1h | $109K | $515K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.063% | +0.0100% | 8h | $195K | $404K | 20x | as long as short |
| ApeX Omni AVAXUSDT | +0.072% | +0.0080% | 1h | $139K | $709K | 50x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.086% | −0.0023% | 1h | $4.4M | $16.2M | 50x | as long as short |
| Hyperliquid AVAX | +0.118% | +0.0152% | 1h | $42.8M | $64.5M | 10x | as long as short |
| SunX AVAX-USDT | +0.357% | +0.0100% | 8h | $12K | $686K | 20x | as long as short |
| Injective AVAX/USDC PERP | +0.976% | +0.0033% | 1h | $17K | $79K | 12x | as long as short |