After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.152%7d average+0.029%fees + slippage, in and out−$39spread needed0.390%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVAX_USDC_PERP | 10.897 | −0.0103 | get 0.0013% / 1h | 27m 08s | $303K | $544K | 15x |
| Short | Kraken Futures PF_AVAXUSD | 10.914 | −0.0004 | pay 0.0000% / 1h | 27m 08s | $4.5M | $14.2M | 50x |
Backpack AVAX_USDC_PERP
Kraken Futures PF_AVAXUSDPrice 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
- $15.2
- Funding while held
- $2.97
- Slippage, 4 orders
- −$19.04
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$20.86
- Spread needed to break even
- 0.390%
Slippage from Backpack: live order book, 8 min ago; Kraken Futures: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0099%
- Per $10,000 a day
- +$2.97
- 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, 8 min ago | 0.46 bp | 8.3 bp −$8 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 2.75 bp | 11.7 bp −$12 | 15.5 bp −$155 | 41.9 bp −$4,187 | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.Bitget10.891cheapestBinance10.891+0.001%BingX10.894+0.028%OKX10.897+0.055%
Bitget
Binance
BingX
OKXBackpack10.897+0.055%
Bybit10.898+0.064%Extended10.899+0.070%HTX10.900+0.080%Reya10.900+0.082%Gate10.901+0.092%Lighter10.902+0.099%Popdex10.903+0.110%MEXC10.903+0.110%SoDEX10.903+0.110%Deribit10.903+0.110%Phemex10.903+0.110%BloFin10.903+0.110%KuCoin10.904+0.119%Polymarket Perps10.904+0.119%Paradex10.904+0.121%Aevo10.905+0.129%Variational Omni10.907+0.147%Hyperliquid10.907+0.147%dYdX10.908+0.160%gTrade (Gains Network)10.909+0.161%GMX10.909+0.164%Aster10.910+0.177%Pacifica10.912+0.189%Nado10.913+0.202%Orderly10.913+0.202%
Bybit
Extended
HTX
Reya
Gate
Lighter
Popdex
MEXC
SoDEX
Deribit
Phemex
BloFin
KuCoin
Polymarket Perps
Paradex
Aevo
Variational Omni
Hyperliquid
dYdX
gTrade (Gains Network)
GMX
Aster
Pacifica
Nado
OrderlyKraken Futures10.914+0.207%
Coinbase International10.914+0.211%ApeX Omni10.926+0.321%SunX10.931+0.369%Injective11.170+2.562%
Coinbase International
ApeX Omni
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget AVAXUSDT | −0.055% | +0.0031% | 8h | $33.3M | $64.0M | 75x | as long as short |
| Binance AVAXUSDT | −0.054% | +0.0020% | 8h | $117.0M | $557.1M | 75x | as long as short |
| BingX AVAX-USDT | −0.028% | +0.0032% | 8h | — | $97.1M | — | as long as short |
| OKX AVAX-USDT-SWAP | 0.000% | −0.0063% | 8h | $19.0M | $147.3M | 50x | as long as short |
| Backpack AVAX_USDC_PERPlong | 0.000% | −0.0103% | 1h | $303K | $544K | 15x | |
| Bybit AVAXUSDT | +0.009% | −0.0232% | 8h | $85.8M | $152.3M | 75x | as long as short |
| Extended AVAX-USD | +0.015% | +0.0104% | 1h | $611K | $2.2M | 25x | as long as short |
| HTX AVAX-USDT | +0.025% | +0.0100% | 8h | $346K | $1.3M | 75x | as long as short |
| Reya AVAXRUSDPERP | +0.027% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Gate AVAX_USDT | +0.037% | −0.0132% | 8h | $12.0M | $41.6M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter AVAX | +0.044% | +0.0096% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Popdex AVAXUSDT | +0.055% | +0.0096% | 1h | $12K | $755K | 50x | as long as short |
| MEXC AVAX_USDT | +0.055% | +0.0019% | 8h | $52.2M | $125.3M | 200x | as long as short |
| SoDEX AVAX-USD | +0.055% | +0.0030% | 1h | $18K | $72K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.055% | −0.0392% | 1h | $5.1M | $10.2M | 25x | as long as short |
| Phemex AVAXUSDT | +0.055% | +0.0001% | 8h | $29.2M | $4.9M | 50x | as long as short |
| BloFin AVAX-USDT | +0.055% | +0.0080% | 8h | $5.0M | $9.3M | 100x | as long as short |
| KuCoin AVAXUSDTM | +0.064% | +0.0100% | 8h | $14.9M | $25.1M | 75x | as long as short |
| Polymarket Perps AVAX-USD | +0.064% | +0.0100% | 1h | $108K | $460K | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.066% | +0.0067% | 8h | $12K | $766 | 20x | as long as short |
| Aevo AVAX-PERP | +0.073% | +0.0088% | 1h | $250K | — | 3x | as long as short |
| Variational Omni AVAX | +0.092% | −0.0310% | 8h | $2.9M | $2.2M | — | as long as short |
| Hyperliquid AVAX | +0.092% | +0.0100% | 1h | $40.3M | $61.3M | 10x | as long as short |
| dYdX AVAX-USD | +0.105% | 0.0000% | 1h | $85K | $148K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.106% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.109% | L +0.0411% / S −0.0244% | 1h | $235K | — | 120x | as long as short |
| Aster AVAXUSDT | +0.122% | −0.0015% | 8h | $2.2M | $2.1M | 75x | as long as short |
| Pacifica AVAX | +0.134% | +0.0100% | 1h | $295K | $137K | 10x | as long as short |
| Nado AVAX-PERP | +0.147% | −0.0239% | 1h | $320K | $1.0M | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.147% | +0.0100% | 8h | $203K | $412K | 20x | as long as short |
| Kraken Futures PF_AVAXUSDshort | +0.152% | −0.0004% | 1h | $4.5M | $14.2M | 50x | |
| Coinbase International AVAX-PERP-INTX | +0.156% | +0.0040% | 1h | $806K | $8.4M | 50x | as long as short |
| ApeX Omni AVAXUSDT | +0.266% | +0.0100% | 1h | $176K | $709K | 50x | as long as short |
| SunX AVAX-USDT | +0.314% | +0.0100% | 8h | $12K | $686K | 20x | as long as short |
| Injective AVAX/USDC PERP | +2.505% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |