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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0285%/8h= −31.2% APRnext payment $0.36 per $10,000 · paid last 24h −0.050%
Price spread now: gTrade (Gains Network) against Coinbase International−0.059%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.059% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International AVAX-PERP-INTX11.1050.0288pay 0.0036% / 1h19m 17s$902K$5.8M50x
ShortgTrade (Gains Network) AVAX/USD11.098L +0.0002% / S −0.0003%get 0.0000% / 1h19m 17s$13K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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
−$59.84
Price spread: −0.059% → 0.000%
−$5.94
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$85.78
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 5 min ago2.70 bp16.4 bp −$1628.7 bp −$287doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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 on 35 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
Injective AVAX/USDC PERP−0.1423%1h11.040−0.585%$17K$151K12xas long as short
Nado AVAX-PERP−0.0044%1h11.095−0.090%$285K$500K10xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0020%1h11.101−0.036%$5.2M$8.2M25xas long as short
dYdX AVAX-USD0.0000%1h11.091−0.126%$102K$96K10xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h11.098−0.059%$13K150x
Gate AVAX_USDT+0.0050%8h11.094−0.099%$12.1M$36.6M75xas long as short
Lighter AVAX+0.0096%1h11.102−0.028%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.098−0.063%$15K$581K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.096−0.080%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.102−0.028%$2.3M$1.4M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.095−0.093%$295K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.104−0.007%$118.4M$455.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.101−0.036%$88.4M$142.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.1050.000%$19.9M$122.8M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.099−0.054%$48.7M$82.7M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.1050.000%$15.5M$22.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.097−0.072%$33.3M$50.8M75xas long as short
BingX AVAX-USDC+0.0100%8h11.098−0.063%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.095−0.090%$355K$532K15xas long as short
Variational Omni AVAX+0.0100%8h11.095−0.086%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.112+0.063%$355K$810K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.102−0.027%$178K$678K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.106+0.009%$130K$363K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.107+0.018%$195K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.128+0.204%$12K$713K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.102−0.027%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.077−0.256%$360K$870K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.1050.000%$29.6M$5.6M50xas long as short
Extended AVAX-USD+0.0104%1h11.099−0.053%$671K$1.7M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.103−0.017%$255K3xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.101−0.035%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0255%1h11.106+0.013%$4.3M$11.8M50xas long as short
Coinbase International AVAX-PERP-INTXlong+0.0288%1h11.105long leg$902K$5.8M50x
Hyperliquid AVAX+0.0392%1h11.113+0.072%$43.2M$45.6M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.098−0.060%$235K120xas long as short