After costs, if the gap returns to its 7d average, $10k−$22
spread now+0.045%7d average+0.012%fees + slippage, in and out−$25spread needed0.252%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAXUSDT | 11.006 | −0.0472 | get 0.0472% / 8h | 7h 49m | $87.1M | $169.7M | 75x |
| Short | Lighter AVAX | 11.011 | 0.0096 | get 0.0012% / 1h | 49m 00s | $1.3M | $3.1M | 10x |
Bybit 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
- $4.45
- Funding while held
- $17.03
- Slippage, 4 orders
- −$14.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$3.76
- Spread needed to break even
- 0.252%
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0568%
- Per $10,000 a day
- +$17.03
- 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 Bybit live order book, 2 min ago | 0.45 bp | 7.9 bp −$8 | 13.1 bp −$131 | 44.2 bp −$4,415 | doesn't fit |
| Sell Lighter live order book, 5 min ago | 2.31 bp | 4.6 bp −$5 | 11.9 bp −$119 | 74.0 bp −$7,405 | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.Extended11.006cheapest
ExtendedBybit11.006+0.001%
Aster11.007+0.010%Nado11.007+0.010%OKX11.008+0.019%Bitget11.008+0.019%Deribit11.008+0.019%Reya11.008+0.021%KuCoin11.009+0.028%
Aster
Nado
OKX
Bitget
Deribit
Reya
KuCoinLighter11.011+0.045%
Binance11.013+0.064%Gate11.013+0.064%Backpack11.014+0.073%BingX11.015+0.082%Aevo11.016+0.095%MEXC11.017+0.100%Kraken Futures11.018+0.110%gTrade (Gains Network)11.018+0.110%Phemex11.019+0.119%BloFin11.019+0.119%HTX11.021+0.138%Orderly11.022+0.146%GMX11.022+0.147%Coinbase International11.024+0.164%SoDEX11.027+0.191%Hyperliquid11.030+0.219%Pacifica11.039+0.300%Polymarket Perps11.040+0.309%dYdX11.041+0.319%Paradex11.041+0.319%Popdex11.043+0.337%SunX11.045+0.355%Variational Omni11.048+0.386%ApeX Omni11.066+0.546%Injective11.170+1.491%
Binance
Gate
Backpack
BingX
Aevo
MEXC
Kraken Futures
gTrade (Gains Network)
Phemex
BloFin
HTX
Orderly
GMX
Coinbase International
SoDEX
Hyperliquid
Pacifica
Polymarket Perps
dYdX
Paradex
Popdex
SunX
Variational Omni
ApeX Omni
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended AVAX-USD | −0.001% | +0.0104% | 1h | $646K | $2.4M | 25x | as long as short |
| Bybit AVAXUSDTlong | 0.000% | −0.0472% | 8h | $87.1M | $169.7M | 75x | |
| Aster AVAXUSDT | +0.009% | +0.0002% | 8h | $2.3M | $2.6M | 75x | as long as short |
| Nado AVAX-PERP | +0.009% | +0.0076% | 1h | $309K | $1.4M | 10x | as long as short |
| OKX AVAX-USDT-SWAP | +0.018% | −0.0009% | 8h | $20.5M | $171.2M | 50x | as long as short |
| Bitget AVAXUSDT | +0.018% | +0.0066% | 8h | $34.2M | $73.8M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.018% | −0.0567% | 1h | $5.2M | $11.8M | 25x | as long as short |
| Reya AVAXRUSDPERP | +0.021% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| KuCoin AVAXUSDTM | +0.027% | +0.0100% | 8h | $14.6M | $27.5M | 75x | as long as short |
| Lighter AVAXshort | +0.045% | +0.0096% | 1h | $1.3M | $3.1M | 10x |