Spread before costs (cost unknown: a leg has no order-book sample)+0.136%
7d average+0.017%if it closes, per $10,000$14funding while held, a day+$4.87
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack AVAX_USDC_PERP | 11.013 | −0.0062 | get 0.0008% / 1h | 34m 21s | $308K | $545K | 15x |
| Short | Orderly PERP_AVAX_USDC | 11.028 | 0.0100 | get 0.0100% / 8h | 6h 34m | $194K | $401K | 20x |
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
- $13.62
- Funding while held
- $4.87
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $2.49
- Spread needed to break even
- 0.160%
Slippage unknown: Backpack: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0162%
- Per $10,000 a day
- +$4.87
- 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, 6 min ago | 2.73 bp | 8.1 bp −$8 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AVAXUSDT | −0.281% | +0.0100% | 1h | $137K | $704K | 50x | as long as short |
| Aevo AVAX-PERP | −0.172% | +0.0080% | 1h | $253K | — | 3x | as long as short |
| Variational Omni AVAX | −0.170% | −0.0284% | 8h | $2.9M | $2.2M | — | as long as short |
| HTX AVAX-USDT | −0.151% | +0.0100% | 8h | $351K | $1.4M | 75x | as long as short |
| Nado AVAX-PERP | −0.014% | +0.0020% | 1h | $309K | $1.1M | 10x | as long as short |
| Gate AVAX_USDT | −0.009% | −0.0087% | 8h | $12.0M | $42.5M | 75x | as long as short |
| KuCoin AVAXUSDTM | −0.009% | +0.0100% | 8h | $14.8M | $25.0M | 75x | as long as short |
| Reya AVAXRUSDPERP | −0.003% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Backpack AVAX_USDC_PERPlong | 0.000% | −0.0062% | 1h | $308K | $545K | 15x | |
| Popdex AVAXUSDT | +0.009% | +0.0096% | 1h | $16K | $760K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | +0.018% | −0.0250% | 8h | $87.7M | $154.0M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.018% | −0.0041% | 8h | $20.2M | $150.5M | 50x | as long as short |
| Bitget AVAXUSDT | +0.018% | +0.0054% | 8h | $34.1M | $64.3M | 75x | as long as short |
| Phemex AVAXUSDT | +0.018% | −0.0079% | 8h | $29.5M | $4.8M | 50x | as long as short |
| Extended AVAX-USD | +0.022% | +0.0104% | 1h | $629K | $2.3M | 25x | as long as short |
| Polymarket Perps AVAX-USD | +0.027% | +0.0068% | 1h | $109K | $502K | 10x | as long as short |
| MEXC AVAX_USDT | +0.036% | +0.0001% | 8h | $52.2M | $133.2M | 200x | as long as short |
| BingX AVAX-USDT | +0.036% | +0.0057% | 8h | — | $100.2M | — | as long as short |
| BloFin AVAX-USDT | +0.036% | +0.0006% | 8h | $5.1M | $9.5M | 100x | as long as short |
| SoDEX AVAX-USD | +0.045% | −0.0081% | 1h | $19K | $75K | 10x | as long as short |
| Binance AVAXUSDT | +0.047% | +0.0004% | 8h | $118.8M | $570.0M | 75x | as long as short |
| Aster AVAXUSDT | +0.050% | −0.0008% | 8h | $2.3M | $2.3M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.073% | −0.0203% | 1h | $5.2M | $10.4M | 25x | as long as short |
| Paradex AVAX-USD-PERP | +0.091% | +0.0071% | 8h | $13K | $1K | 20x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.100% | +0.0064% | 1h | $810K | $8.8M | 50x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.109% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| dYdX AVAX-USD | +0.110% | 0.0000% | 1h | $64K | $140K | 10x | as long as short |
| Lighter AVAX | +0.114% | +0.0096% | 1h | $1.3M | $3.1M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.118% | L +0.0418% / S −0.0250% | 1h | $241K | — | 120x | as long as short |
| Pacifica AVAX | +0.122% | +0.0100% | 1h | $298K | $137K | 10x | as long as short |
| Hyperliquid AVAX | +0.136% | +0.0100% | 1h | $42.0M | $60.8M | 10x | as long as short |
| Orderly PERP_AVAX_USDCshort | +0.136% | +0.0100% | 8h | $194K | $401K | 20x | |
| Kraken Futures PF_AVAXUSD | +0.145% | +0.0247% | 1h | $4.4M | $14.5M | 50x | as long as short |
| SunX AVAX-USDT | +0.300% | +0.0100% | 8h | $12K | $669K | 20x | as long as short |
| Injective AVAX/USDC PERP | +1.426% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |
Backpack AVAX_USDC_PERP
ApeX Omni
Variational Omni
HTX
Gate
KuCoin
Popdex
Bybit
OKX
Bitget
Phemex
Extended
Polymarket Perps
MEXC
BingX
BloFin
SoDEX
Binance
Aster
Deribit
Paradex
Coinbase International
gTrade (Gains Network)
Lighter
GMX
Pacifica
Hyperliquid
Kraken Futures
SunX
Injective