Spread before costs (cost unknown: a leg has no order-book sample)+0.252%
7d average+0.083%if it closes, per $10,000$25funding while held, a day+$26.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAXUSDT | 11.094 | −0.0784 | get 0.0784% / 8h | 7h 56m | $88.5M | $171.3M | 75x |
| Short | Orderly PERP_AVAX_USDC | 11.122 | 0.0100 | get 0.0100% / 8h | 7h 56m | $195K | $404K | 20x |
Bybit AVAXUSDT
Orderly PERP_AVAX_USDCPrice 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
- $25.24
- Funding while held
- $26.51
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $34.75
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0884%
- Per $10,000 a day
- +$26.51
- 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, 4 min ago | 0.45 bp | 8.9 bp −$9 | 15.4 bp −$154 | 45.5 bp −$4,546 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.ApeX Omni11.067cheapest
ApeX OmniBybit11.094+0.244%
Lighter11.095+0.253%Gate11.095+0.253%Extended11.096+0.265%OKX11.097+0.271%Bitget11.098+0.280%BingX11.098+0.280%Binance11.100+0.298%KuCoin11.100+0.298%MEXC11.101+0.307%BloFin11.101+0.307%Paradex11.102+0.316%Pacifica11.104+0.334%Aster11.105+0.348%dYdX11.107+0.360%Nado11.107+0.361%HTX11.107+0.366%Aevo11.108+0.372%Reya11.109+0.379%Phemex11.110+0.389%Popdex11.111+0.398%Polymarket Perps11.111+0.398%SoDEX11.112+0.407%Backpack11.114+0.425%Deribit11.115+0.434%Hyperliquid11.116+0.443%gTrade (Gains Network)11.121+0.484%
Lighter
Gate
Extended
OKX
Bitget
BingX
Binance
KuCoin
MEXC
BloFin
Paradex
Pacifica
Aster
dYdX
Nado
HTX
Aevo
Reya
Phemex
Popdex
Polymarket Perps
SoDEX
Backpack
Deribit
Hyperliquid
gTrade (Gains Network)Orderly11.122+0.497%
Coinbase International11.122+0.497%GMX11.123+0.502%Kraken Futures11.123+0.510%SunX11.143+0.688%Variational Omni11.147+0.719%Injective11.170+0.931%
Coinbase International
GMX
Kraken Futures
SunX
Variational Omni
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AVAXUSDT | −0.243% | +0.0100% | 1h | $139K | $730K | 50x | as long as short |
| Bybit AVAXUSDTlong | 0.000% | −0.0784% | 8h | $88.5M | $171.3M | 75x | |
| Lighter AVAX | +0.009% | +0.0088% | 1h | $1.3M | $3.1M | 10x | as long as short |
| Gate AVAX_USDT | +0.009% | −0.0776% | 8h | $12.4M | $44.4M | 75x | as long as short |
| Extended AVAX-USD | +0.021% | +0.0104% | 1h | $649K | $2.4M | 25x | as long as short |
| OKX AVAX-USDT-SWAP | +0.027% | −0.0002% | 8h | $20.8M | $174.2M | 50x | as long as short |
| Bitget AVAXUSDT | +0.036% | +0.0070% | 8h | $34.7M | $74.4M | 75x | as long as short |
| BingX AVAX-USDT | +0.036% | +0.0069% | 8h | — | $105.1M | — | as long as short |
| Binance AVAXUSDT | +0.054% | +0.0008% | 8h | $121.2M | $640.8M | 75x | as long as short |
| KuCoin AVAXUSDTM | +0.054% | +0.0100% | 8h | $14.8M | $27.7M | 75x | as long as short |