After costs, if the gap returns to its 7d average, $10k−$61
spread now−0.036%7d average−0.025%fees + slippage, in and out−$60spread needed0.601%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AVAX-PERP-INTX | 11.170 | 0.0176 | pay 0.0022% / 1h | 40m 54s | $843K | $11.5M | 50x |
| Short | Phemex AVAXUSDT | 11.166 | 0.0043 | get 0.0043% / 8h | 40m 54s | $29.9M | $4.9M | 50x |
Coinbase International AVAX-PERP-INTX
Phemex AVAXUSDTPrice 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
- −$3.58
- Funding while held
- −$3.99
- Slippage, 4 orders
- −$38.05
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$67.62
- Spread needed to break even
- 0.601%
Slippage from Coinbase International: live order book, 5 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0133%
- Per $10,000 a day
- −$3.99
- 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 Coinbase International live order book, 5 min ago | 4.92 bp | 13.3 bp −$13 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 2.69 bp | 14.9 bp −$15 | 24.9 bp −$249 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni11.144cheapest
ApeX OmniPhemex11.166+0.197%
Variational Omni11.168+0.219%Backpack11.169+0.224%Extended11.170+0.233%Injective11.170+0.233%
Variational Omni
Backpack
Extended
InjectiveCoinbase International11.170+0.233%
Lighter11.170+0.236%SoDEX11.171+0.242%Deribit11.171+0.242%Reya11.172+0.247%Paradex11.172+0.247%Aster11.172+0.251%dYdX11.172+0.256%HTX11.173+0.257%Nado11.173+0.258%Bybit11.173+0.260%BingX11.173+0.260%Aevo11.173+0.260%OKX11.174+0.269%BloFin11.174+0.269%Popdex11.175+0.278%Gate11.175+0.278%KuCoin11.175+0.278%MEXC11.176+0.287%Polymarket Perps11.176+0.287%Pacifica11.177+0.295%Kraken Futures11.178+0.303%GMX11.178+0.303%Bitget11.178+0.305%Binance11.179+0.314%gTrade (Gains Network)11.180+0.320%Orderly11.181+0.332%Hyperliquid11.194+0.449%SunX11.199+0.497%
Lighter
SoDEX
Deribit
Reya
Paradex
Aster
dYdX
HTX
Nado
Bybit
BingX
Aevo
OKX
BloFin
Popdex
Gate
KuCoin
MEXC
Polymarket Perps
Pacifica
Kraken Futures
GMX
Bitget
Binance
gTrade (Gains Network)
Orderly
Hyperliquid
SunXAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AVAXUSDT | −0.233% | +0.0100% | 1h | $140K | $738K | 50x | as long as short |
| Phemex AVAXUSDTshort | −0.036% | +0.0043% | 8h | $29.9M | $4.9M | 50x | |
| Variational Omni AVAX | −0.014% | −0.0161% | 8h | $3.0M | $3.3M | — | as long as short |
| Backpack AVAX_USDC_PERP | −0.009% | +0.0100% | 1h | $321K | $648K | 15x | as long as short |
| Extended AVAX-USD | −0.001% | +0.0104% | 1h | $679K | $2.4M | 25x | as long as short |
| Injective AVAX/USDC PERP | 0.000% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| Coinbase International AVAX-PERP-INTXlong | 0.000% | +0.0176% | 1h | $843K | $11.5M | 50x | |
| Lighter AVAX | +0.003% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| SoDEX AVAX-USD | +0.009% | −0.0138% | 1h | $19K | $112K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.009% | −0.0466% | 1h | $5.3M | $12.6M | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya AVAXRUSDPERP | +0.014% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Paradex AVAX-USD-PERP | +0.014% | +0.0083% | 8h | $13K | $2K | 20x | as long as short |
| Aster AVAXUSDT | +0.018% | +0.0051% | 8h | $2.3M | $2.9M | 75x | as long as short |
| dYdX AVAX-USD | +0.022% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| HTX AVAX-USDT | +0.023% | +0.0100% | 8h | $357K | $1.5M | 75x | as long as short |
| Nado AVAX-PERP | +0.025% | +0.0098% | 1h | $324K | $1.7M | 10x | as long as short |
| Bybit AVAXUSDT | +0.027% | +0.0006% | 8h | $89.6M | $175.6M | 75x | as long as short |
| BingX AVAX-USDC | +0.027% | +0.0065% | 8h | — | $6.6M | — | as long as short |
| Aevo AVAX-PERP | +0.027% | +0.0088% | 1h | $257K | — | 3x | as long as short |
| OKX AVAX-USDT-SWAP | +0.036% | +0.0031% | 8h | $20.9M | $189.6M | 50x | as long as short |
| BloFin AVAX-USDT | +0.036% | +0.0162% | 8h | $5.2M | $11.8M | 100x | as long as short |
| Popdex AVAXUSDT | +0.045% | +0.0096% | 1h | $14K | $936K | 50x | as long as short |
| Gate AVAX_USDT | +0.045% | −0.0046% | 8h | $12.5M | $49.9M | 75x | as long as short |
| KuCoin AVAXUSDTM | +0.045% | +0.0100% | 8h | $15.3M | $29.1M | 75x | as long as short |
| MEXC AVAX_USDT | +0.054% | +0.0041% | 8h | $48.2M | $159.3M | 200x | as long as short |
| Polymarket Perps AVAX-USD | +0.054% | +0.0031% | 1h | $115K | $540K | 10x | as long as short |
| Pacifica AVAX | +0.062% | +0.0100% | 1h | $302K | $165K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.069% | +0.0241% | 1h | $4.4M | $19.1M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.070% | L +0.0386% / S −0.0220% | 1h | $226K | — | 120x | as long as short |
| Bitget AVAXUSDT | +0.072% | +0.0073% | 8h | $35.3M | $80.9M | 75x | as long as short |
| Binance AVAXUSDT | +0.081% | +0.0042% | 8h | $123.2M | $677.6M | 75x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.087% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| Orderly PERP_AVAX_USDC | +0.098% | +0.0100% | 8h | $197K | $405K | 20x | as long as short |
| Hyperliquid AVAX | +0.215% | +0.0287% | 1h | $43.3M | $75.9M | 10x | as long as short |
| SunX AVAX-USDT | +0.263% | +0.0100% | 8h | $12K | $763K | 20x | as long as short |