After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.054%7d average+0.065%fees + slippage, in and out−$58spread needed0.578%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX AVAX-USDC | 11.109 | 0.0069 | pay 0.0069% / 8h | 7h 57m | — | $6.6M | — |
| Short | Phemex AVAXUSDT | 11.103 | 0.0100 | get 0.0100% / 8h | 7h 57m | $29.7M | $4.8M | 50x |
BingX AVAX-USDC
Phemex AVAXUSDTPrice 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
- −$5.4
- Funding while held
- $0.93
- Slippage, 4 orders
- −$35.83
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$62.3
- Spread needed to break even
- 0.578%
Slippage from BingX: live order book, 16 min ago; Phemex: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0031%
- Per $10,000 a day
- +$0.93
- 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 BingX live order book, 16 min ago | 1.34 bp | 10.7 bp −$11 | 23.5 bp −$235 | 90.0 bp −$8,998 | 490.5 bp −$245.2K |
| Sell Phemex live order book, 3 min ago | 7.22 bp | 15.0 bp −$15 | 46.6 bp −$466 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.HTX11.083cheapestBloFin11.085+0.022%Popdex11.100+0.157%SoDEX11.102+0.175%Aster11.102+0.176%Backpack11.103+0.184%
HTX
BloFin
Popdex
SoDEX
Aster
BackpackPhemex11.103+0.184%
Aevo11.104+0.192%Nado11.104+0.198%Extended11.107+0.223%Bybit11.109+0.238%KuCoin11.109+0.238%
Aevo
Nado
Extended
Bybit
KuCoinBingX11.109+0.238%
Reya11.110+0.247%Bitget11.111+0.256%Lighter11.112+0.265%OKX11.112+0.265%Gate11.112+0.265%Polymarket Perps11.112+0.265%Deribit11.112+0.265%Pacifica11.113+0.278%MEXC11.114+0.283%Binance11.115+0.292%dYdX11.116+0.297%Paradex11.116+0.306%Kraken Futures11.117+0.310%Coinbase International11.117+0.310%GMX11.117+0.313%gTrade (Gains Network)11.118+0.316%Orderly11.118+0.319%Hyperliquid11.124+0.374%ApeX Omni11.127+0.401%SunX11.138+0.500%Variational Omni11.147+0.577%Injective11.170+0.789%
Reya
Bitget
Lighter
OKX
Gate
Polymarket Perps
Deribit
Pacifica
MEXC
Binance
dYdX
Paradex
Kraken Futures
Coinbase International
GMX
gTrade (Gains Network)
Orderly
Hyperliquid
ApeX Omni
SunX
Variational Omni
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX AVAX-USDT | −0.238% | +0.0100% | 8h | $357K | $1.4M | 75x | as long as short |
| BloFin AVAX-USDT | −0.216% | +0.0035% | 8h | $5.2M | $11.4M | 100x | as long as short |
| Popdex AVAXUSDT | −0.081% | +0.0096% | 1h | $16K | $873K | 50x | as long as short |
| SoDEX AVAX-USD | −0.063% | −0.0156% | 1h | $19K | $75K | 10x | as long as short |
| Aster AVAXUSDT | −0.062% | +0.0017% | 8h | $2.3M | $2.6M | 75x | as long as short |
| Backpack AVAX_USDC_PERP | −0.054% | +0.0049% | 1h | $320K | $602K | 15x | as long as short |
| Phemex AVAXUSDTshort | −0.054% | +0.0100% | 8h | $29.7M | $4.8M | 50x | |
| Aevo AVAX-PERP | −0.046% | +0.0080% | 1h | $255K | — | 3x | as long as short |
| Nado AVAX-PERP | −0.041% | +0.0049% | 1h | $312K | $1.4M | 10x | as long as short |
| Extended AVAX-USD | −0.016% | +0.0104% | 1h | $649K | $2.4M | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | 0.000% | −0.0430% | 8h | $88.6M | $171.4M | 75x | as long as short |
| KuCoin AVAXUSDTM | 0.000% | +0.0100% | 8h | $14.7M | $27.7M | 75x | as long as short |
| BingX AVAX-USDClong | 0.000% | +0.0069% | 8h | — | $6.6M | — | |
| Reya AVAXRUSDPERP | +0.008% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Bitget AVAXUSDT | +0.018% | +0.0069% | 8h | $34.7M | $74.4M | 75x | as long as short |
| Lighter AVAX | +0.027% | +0.0088% | 1h | $1.3M | $3.1M | 10x | as long as short |
| OKX AVAX-USDT-SWAP | +0.027% | −0.0002% | 8h | $20.8M | $174.8M | 50x | as long as short |
| Gate AVAX_USDT | +0.027% | +0.0053% | 8h | $12.4M | $44.4M | 75x | as long as short |
| Polymarket Perps AVAX-USD | +0.027% | +0.0059% | 1h | $112K | $524K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.027% | −0.0290% | 1h | $5.3M | $12.0M | 25x | as long as short |
| Pacifica AVAX | +0.040% | +0.0100% | 1h | $300K | $137K | 10x | as long as short |
| MEXC AVAX_USDT | +0.045% | +0.0007% | 8h | $53.9M | $144.0M | 200x | as long as short |
| Binance AVAXUSDT | +0.054% | +0.0008% | 8h | $121.4M | $642.7M | 75x | as long as short |
| dYdX AVAX-USD | +0.059% | 0.0000% | 1h | $64K | $173K | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.067% | +0.0049% | 8h | $13K | $2K | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.072% | −0.0023% | 1h | $4.4M | $17.7M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.072% | +0.0096% | 1h | $855K | $10.6M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.074% | L +0.0403% / S −0.0236% | 1h | $235K | — | 120x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.077% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| Orderly PERP_AVAX_USDC | +0.081% | +0.0100% | 8h | $195K | $404K | 20x | as long as short |
| Hyperliquid AVAX | +0.135% | +0.0100% | 1h | $42.7M | $69.3M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.162% | +0.0100% | 1h | $139K | $730K | 50x | as long as short |
| SunX AVAX-USDT | +0.261% | +0.0100% | 8h | $12K | $697K | 20x | as long as short |
| Variational Omni AVAX | +0.338% | −0.0221% | 8h | $3.0M | $3.1M | — | as long as short |
| Injective AVAX/USDC PERP | +0.549% | +0.0033% | 1h | $17K | $79K | 12x | as long as short |