After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.026%7d average−0.031%fees + slippage, in and out−$23spread needed0.227%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAXUSDT | 11.139 | 0.0013 | pay 0.0013% / 8h | 1m 36s | $121.9M | $646.3M | 75x |
| Short | Lighter AVAX | 11.142 | 0.0096 | get 0.0012% / 1h | 1m 36s | $1.3M | $3.3M | 10x |
Binance AVAXUSDT
Lighter AVAXPrice 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
- $2.6
- Funding while held
- $2.5
- Slippage, 4 orders
- −$12.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.55
- Spread needed to break even
- 0.227%
Slippage from Binance: live order book, 14 min ago; Lighter: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0083%
- Per $10,000 a day
- +$2.50
- 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 Binance live order book, 14 min ago | 0.45 bp | 5.4 bp −$5 | 10.2 bp −$102 | 34.9 bp −$3,485 | 136.0 bp −$68.0K |
| Sell Lighter live order book, 2 min ago | 2.15 bp | 3.8 bp −$4 | 14.7 bp −$147 | 77.9 bp −$7,794 | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.Bybit11.132cheapestOKX11.136+0.036%Paradex11.137+0.049%Extended11.139+0.061%
Bybit
OKX
Paradex
ExtendedBinance11.139+0.065%
MEXC11.140+0.072%BingX11.140+0.072%Gate11.141+0.081%Bitget11.142+0.090%
MEXC
BingX
Gate
BitgetLighter11.142+0.091%
Pacifica11.143+0.099%KuCoin11.144+0.108%BloFin11.146+0.126%Reya11.147+0.136%Nado11.150+0.166%Aster11.151+0.171%Aevo11.154+0.197%Backpack11.154+0.198%HTX11.154+0.200%Hyperliquid11.155+0.207%SoDEX11.155+0.207%Phemex11.155+0.207%gTrade (Gains Network)11.155+0.211%GMX11.156+0.212%Popdex11.156+0.216%Polymarket Perps11.157+0.225%Deribit11.157+0.225%Coinbase International11.158+0.234%Orderly11.163+0.278%Kraken Futures11.166+0.305%dYdX11.170+0.341%Injective11.170+0.341%SunX11.179+0.421%Variational Omni11.185+0.476%ApeX Omni11.186+0.485%
Pacifica
KuCoin
BloFin
Reya
Nado
Aster
Aevo
Backpack
HTX
Hyperliquid
SoDEX
Phemex
gTrade (Gains Network)
GMX
Popdex
Polymarket Perps
Deribit
Coinbase International
Orderly
Kraken Futures
dYdX
Injective
SunX
Variational Omni
ApeX OmniAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | −0.065% | −0.0063% | 8h | $88.8M | $170.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.029% | 0.0000% | 8h | $20.8M | $176.3M | 50x | as long as short |
| Paradex AVAX-USD-PERP | −0.016% | +0.0049% | 8h | $13K | $2K | 20x | as long as short |
| Extended AVAX-USD | −0.004% | +0.0104% | 1h | $653K | $2.4M | 25x | as long as short |
| Binance AVAXUSDTlong | 0.000% | +0.0013% | 8h | $121.9M | $646.3M | 75x | |
| MEXC AVAX_USDT | +0.007% | +0.0012% | 8h | $55.0M | $161.5M | 200x | as long as short |
| BingX AVAX-USDC | +0.007% | +0.0067% | 8h | — | $6.6M | — | as long as short |
| Gate AVAX_USDT | +0.016% | −0.0060% | 8h | $12.5M | $50.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.025% | +0.0069% | 8h | $34.9M | $75.3M | 75x | as long as short |
| Lighter AVAXshort | +0.026% | +0.0096% | 1h | $1.3M | $3.3M | 10x |