Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit−0.035%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.035%, 7d avg −0.046%
Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit AVAXUSDT10.7010.0098pay 0.0098% / 8h18m 12s$81.7M$139.6M75x
ShortExtended AVAX-USD10.6970.0104get 0.0013% / 1h18m 12s$605K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.36
Price spread: −0.035% → −0.046%
$1.19
Slippage, 4 orders
−$12.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$25.52
Costs to cover
0.281%
Break-even
138.3 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.47 bp9.3 bp −$914.4 bp −$14439.0 bp −$3,901doesn't fit
Sell Extended live order book, 5 min ago1.40 bp6.6 bp −$78.7 bp −$87doesn't fitdoesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_AVAXUSD−0.0184%1h10.703+0.023%$3.8M$11.6M50xas long as short
Nado AVAX-PERP−0.0173%1h10.703+0.014%$289K$329K10xas long as short
Variational Omni AVAX−0.0077%8h10.667−0.321%$2.9M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.699−0.014%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.706+0.047%$4.8M$6.8M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.704+0.032%$12K150xas long as short
Gate AVAX_USDT+0.0010%8h10.703+0.019%$13.2M$30.8M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.551%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0090%8h10.703+0.018%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.702+0.007%$1.2M$2.4M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex AVAXUSDT+0.0096%1h10.7010.000%$25K$468K50xas long as short
Bybit AVAXUSDTlong+0.0098%8h10.701long leg$81.7M$139.6M75x
Hyperliquid AVAX+0.0100%1h10.710+0.084%$36.7M$41.7M10xas long as short
Aster AVAXUSDT+0.0100%8h10.704+0.026%$2.2M$896K75xas long as short
Pacifica AVAX+0.0100%1h10.705+0.040%$269K$128K10xas long as short
Binance AVAXUSDT+0.0100%8h10.702+0.012%$113.1M$406.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.700−0.009%$18.8M$107.9M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.702+0.009%$49.7M$80.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.703+0.019%$13.8M$21.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.703+0.019%$32.4M$46.6M75xas long as short
BingX AVAX-USDC+0.0100%8h10.7010.000%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.706+0.047%$436K$547K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.673−0.262%$343K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.681−0.187%$172K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.704+0.028%$134K$297K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.710+0.084%$232K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.733+0.300%$12K$769K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.7010.000%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.700−0.005%$326K$863K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.7010.000%$28.5M$5.7M50xas long as short
Extended AVAX-USDshort+0.0104%1h10.697−0.035%$605K$1.4M25x
Aevo AVAX-PERP+0.0104%1h10.697−0.039%$246K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.696−0.047%$4.6M$5.5M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0224%1h10.702+0.009%$850K$4.7M50xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.698−0.025%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.704+0.033%$226K120xas long as short