After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.018%7d average−0.044%fees + slippage, in and out−$28spread needed0.280%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVAX_USDC_PERP | 10.903 | −0.0044 | get 0.0006% / 1h | 56m 36s | $301K | $542K | 15x |
| Short | Deribit AVAX_USDC-PERPETUAL | 10.905 | −0.0300 | pay 0.0037% / 1h | 56m 36s | $5.1M | $10.0M | 25x |
Price 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
- $1.83
- Funding while held
- −$7.67
- Slippage, 4 orders
- −$11.04
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$33.87
- Spread needed to break even
- 0.280%
Slippage from Backpack: live order book, 39 min ago; Deribit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0256%
- Per $10,000 a day
- −$7.67
- 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, 39 min ago | 0.46 bp | 8.3 bp −$8 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 min ago | 0.92 bp | 5.2 bp −$5 | 14.6 bp −$146 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.AVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX AVAX-USDT | −0.079% | +0.0100% | 8h | $346K | $1.3M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.064% | −0.0067% | 8h | $18.8M | $144.7M | 50x | as long as short |
| Reya AVAXRUSDPERP | −0.057% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Bybit AVAXUSDT | −0.055% | −0.0166% | 8h | $85.2M | $150.0M | 75x | as long as short |
| Popdex AVAXUSDT | −0.037% | +0.0096% | 1h | $13K | $743K | 50x | as long as short |
| Polymarket Perps AVAX-USD | −0.037% | +0.0100% | 1h | $112K | $475K | 10x | as long as short |
| Binance AVAXUSDT | −0.024% | +0.0032% | 8h | $117.0M | $550.9M | 75x | as long as short |
| Extended AVAX-USD | −0.021% | +0.0104% | 1h | $608K | $2.2M | 25x | as long as short |
| BingX AVAX-USDT | −0.018% | +0.0032% | 8h | — | $95.1M | — | as long as short |
| Nado AVAX-PERP | −0.014% | −0.0313% | 1h | $317K | $974K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget AVAXUSDT | −0.009% | +0.0025% | 8h | $33.3M | $63.5M | 75x | as long as short |
| Backpack AVAX_USDC_PERPlong | 0.000% | −0.0044% | 1h | $301K | $542K | 15x | |
| Aevo AVAX-PERP | 0.000% | +0.0088% | 1h | $250K | — | 3x | as long as short |
| Aster AVAXUSDT | +0.003% | +0.0002% | 8h | $2.2M | $2.1M | 75x | as long as short |
| Variational Omni AVAX | +0.007% | −0.0293% | 8h | $2.9M | $2.1M | — | as long as short |
| SoDEX AVAX-USD | +0.009% | −0.0026% | 1h | $18K | $72K | 10x | as long as short |
| Phemex AVAXUSDT | +0.009% | +0.0007% | 8h | $29.2M | $4.9M | 50x | as long as short |
| BloFin AVAX-USDT | +0.009% | +0.0129% | 8h | $5.0M | $9.2M | 100x | as long as short |
| Gate AVAX_USDT | +0.018% | −0.0079% | 8h | $11.9M | $40.0M | 75x | as long as short |
| MEXC AVAX_USDT | +0.018% | +0.0032% | 8h | $50.3M | $113.7M | 200x | as long as short |
| Deribit AVAX_USDC-PERPETUALshort | +0.018% | −0.0300% | 1h | $5.1M | $10.0M | 25x | |
| Lighter AVAX | +0.025% | +0.0096% | 1h | $1.2M | $3.1M | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.025% | +0.0061% | 8h | $12K | $766 | 20x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.028% | 0.0000% | 1h | $802K | $8.3M | 50x | as long as short |
| Pacifica AVAX | +0.042% | +0.0100% | 1h | $295K | $136K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.046% | +0.0100% | 8h | $14.9M | $24.9M | 75x | as long as short |
| ApeX Omni AVAXUSDT | +0.055% | +0.0100% | 1h | $176K | $708K | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.055% | L +0.0411% / S −0.0244% | 1h | $235K | — | 120x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.062% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| dYdX AVAX-USD | +0.071% | 0.0000% | 1h | $85K | $155K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.075% | +0.0342% | 1h | $4.4M | $14.1M | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.101% | +0.0100% | 8h | $203K | $412K | 20x | as long as short |
| Hyperliquid AVAX | +0.156% | +0.0244% | 1h | $40.4M | $60.8M | 10x | as long as short |
| SunX AVAX-USDT | +0.293% | +0.0100% | 8h | $12K | $688K | 20x | as long as short |
| Injective AVAX/USDC PERP | +2.449% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |
Backpack AVAX_USDC_PERP
Deribit AVAX_USDC-PERPETUAL
HTX
OKX
Bybit
Popdex
Polymarket Perps
Binance
Extended
BingX
Bitget
Aster
Variational Omni
SoDEX
Phemex
BloFin
Gate
MEXC
Lighter
Paradex
Coinbase International
Pacifica
KuCoin
ApeX Omni
GMX
gTrade (Gains Network)
Kraken Futures
Hyperliquid
SunX
Injective