AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.007%

Price spread now: gTrade (Gains Network) against Backpack−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack AVAX_USDC_PERP	11.108	0.0100	pay 0.0013% / 1h	48m 05s	$355K	$548K	15x
Short	gTrade (Gains Network) AVAX/USD	11.106	L +0.0002% / S −0.0003%	get 0.0000% / 1h	48m 05s	$13K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Backpack. 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

Position, each leg$Hold fordaysFee BackpackbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.018%Rate

Funding earned: −$20.36
Price spread: −0.018% → 0.000%: −$1.8
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$42.16
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 21 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 21 min ago	0.45 bp	8.9 bp −$9	36.7 bp −$367	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	−0.1423%	1h	11.090	−0.162%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0200%	1h	11.106	−0.018%	$5.2M	$8.3M	25x	as long as short
Nado AVAX-PERP	−0.0032%	1h	11.104	−0.032%	$289K	$525K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.123	+0.133%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	11.106	−0.018%	$13K	—	150x
Gate AVAX_USDT	+0.0072%	8h	11.106	−0.018%	$12.1M	$36.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.105	−0.026%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.112	+0.036%	$18K	$600K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.117	+0.081%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.107	−0.007%	$2.3M	$1.4M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.127	+0.168%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.108	0.000%	$118.3M	$472.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.108	0.000%	$88.4M	$146.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.109	+0.009%	$19.8M	$127.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.108	0.000%	$48.6M	$82.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.110	+0.018%	$15.5M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.108	0.000%	$33.4M	$52.5M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.108	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERPlong	+0.0100%	1h	11.108	long leg	$355K	$548K	15x
Variational Omni AVAX	+0.0100%	8h	11.107	−0.011%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.108	−0.002%	$353K	$844K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.112	+0.036%	$179K	$682K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.114	+0.054%	$130K	$369K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.113	+0.045%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.142	+0.304%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.104	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.107	−0.014%	$361K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.107	−0.009%	$29.7M	$5.4M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.108	−0.003%	$668K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.101	−0.059%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.117	+0.081%	$5.0M	$6.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.101	−0.065%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.107	−0.007%	$4.3M	$12.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.112	+0.036%	$910K	$6.2M	50x	as long as short
Hyperliquid AVAX	+0.0416%	1h	11.125	+0.149%	$43.3M	$48.0M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.106	−0.020%	$236K	—	120x	as long as short