Spread before costs (cost unknown: a leg has no order-book sample)+0.075%
7d average+0.037%if it closes, per $10,000$8funding while held, a day+$4.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin AVAX-USDT | 10.902 | 0.0106 | pay 0.0106% / 8h | 5h 10m | $5.0M | $9.3M | 100x |
| Short | GMX AVAX/USD [AVAX-USDC] | 10.910 | L +0.0411% / S −0.0244% | get 0.0031% / 1h | 10m 25s | $235K | — | 120x |
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]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
- $7.51
- Funding while held
- $4.14
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$12.35
- Spread needed to break even
- 0.240%
Slippage unknown: BloFin: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0138%
- Per $10,000 a day
- +$4.14
- 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 BloFin live order book, 5 min ago | 0.46 bp | 10.7 bp −$11 | 16.3 bp −$163 | 39.8 bp −$3,977 | 86.4 bp −$43.2K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.Variational Omni10.895cheapestHTX10.899+0.034%Backpack10.899+0.038%OKX10.900+0.047%Extended10.900+0.049%Gate10.901+0.056%Bitget10.901+0.056%Nado10.902+0.065%Bybit10.902+0.065%Popdex10.902+0.065%Deribit10.902+0.065%
Variational Omni
HTX
Backpack
OKX
Extended
Gate
Bitget
Nado
Bybit
Popdex
DeribitBloFin10.902+0.065%
Reya10.903+0.074%BingX10.903+0.075%Lighter10.903+0.075%Paradex10.903+0.079%Aster10.903+0.079%SoDEX10.904+0.084%Phemex10.904+0.084%MEXC10.905+0.093%KuCoin10.905+0.093%Polymarket Perps10.905+0.093%dYdX10.906+0.105%Pacifica10.906+0.106%Binance10.907+0.110%ApeX Omni10.909+0.130%gTrade (Gains Network)10.910+0.139%Coinbase International10.910+0.139%
Reya
BingX
Lighter
Paradex
Aster
SoDEX
Phemex
MEXC
KuCoin
Polymarket Perps
dYdX
Pacifica
Binance
ApeX Omni
gTrade (Gains Network)
Coinbase InternationalGMX10.910+0.140%
Aevo10.910+0.143%Kraken Futures10.912+0.160%Orderly10.915+0.185%Hyperliquid10.920+0.231%SunX10.934+0.362%Injective11.170+2.525%
Aevo
Kraken Futures
Orderly
Hyperliquid
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.065% | −0.0302% | 8h | $2.9M | $2.2M | — | as long as short |
| HTX AVAX-USDT | −0.031% | +0.0100% | 8h | $346K | $1.3M | 75x | as long as short |
| Backpack AVAX_USDC_PERP | −0.028% | −0.0081% | 1h | $303K | $542K | 15x | as long as short |
| OKX AVAX-USDT-SWAP | −0.018% | −0.0066% | 8h | $18.8M | $145.9M | 50x | as long as short |
| Extended AVAX-USD | −0.016% | +0.0104% | 1h | $608K | $2.2M | 25x | as long as short |
| Gate AVAX_USDT | −0.009% | −0.0107% | 8h | $11.9M | $41.8M | 75x | as long as short |
| Bitget AVAXUSDT | −0.009% | +0.0027% | 8h | $33.3M | $64.1M | 75x | as long as short |
| Nado AVAX-PERP | 0.000% | −0.0225% | 1h | $319K | $974K | 10x | as long as short |
| Bybit AVAXUSDT | 0.000% | −0.0187% | 8h | $85.5M | $151.0M | 75x | as long as short |
| Popdex AVAXUSDT | 0.000% | +0.0096% | 1h | $13K | $751K | 50x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit AVAX_USDC-PERPETUAL | 0.000% | −0.0392% | 1h | $5.1M | $10.1M | 25x | as long as short |
| BloFin AVAX-USDTlong | 0.000% | +0.0106% | 8h | $5.0M | $9.3M | 100x | |
| Reya AVAXRUSDPERP | +0.009% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| BingX AVAX-USDT | +0.009% | +0.0026% | 8h | — | $96.1M | — | as long as short |
| Lighter AVAX | +0.010% | +0.0096% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.013% | +0.0069% | 8h | $12K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.013% | −0.0009% | 8h | $2.2M | $2.1M | 75x | as long as short |
| SoDEX AVAX-USD | +0.018% | +0.0069% | 1h | $18K | $72K | 10x | as long as short |
| Phemex AVAXUSDT | +0.018% | +0.0012% | 8h | $29.2M | $4.9M | 50x | as long as short |
| MEXC AVAX_USDT | +0.028% | +0.0026% | 8h | $50.9M | $125.7M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.028% | +0.0100% | 8h | $15.0M | $25.0M | 75x | as long as short |
| Polymarket Perps AVAX-USD | +0.028% | +0.0100% | 1h | $112K | $477K | 10x | as long as short |
| dYdX AVAX-USD | +0.040% | 0.0000% | 1h | $85K | $155K | 10x | as long as short |
| Pacifica AVAX | +0.040% | +0.0100% | 1h | $294K | $137K | 10x | as long as short |
| Binance AVAXUSDT | +0.044% | +0.0027% | 8h | $117.3M | $554.1M | 75x | as long as short |
| ApeX Omni AVAXUSDT | +0.064% | +0.0100% | 1h | $176K | $710K | 50x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.073% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.073% | +0.0040% | 1h | $805K | $8.3M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC]short | +0.075% | L +0.0411% / S −0.0244% | 1h | $235K | — | 120x | |
| Aevo AVAX-PERP | +0.078% | +0.0088% | 1h | $251K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.095% | −0.0004% | 1h | $4.4M | $14.2M | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.119% | +0.0100% | 8h | $203K | $412K | 20x | as long as short |
| Hyperliquid AVAX | +0.165% | +0.0107% | 1h | $40.4M | $61.1M | 10x | as long as short |
| SunX AVAX-USDT | +0.296% | +0.0100% | 8h | $12K | $689K | 20x | as long as short |
| Injective AVAX/USDC PERP | +2.458% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |