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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.145%
Price spread now: gTrade (Gains Network) against Deribit+0.036%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.036% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit AVAX_USDC-PERPETUAL11.244−0.0106get 0.0013% / 1h44m 50s$5.3M$8.9M25x
ShortgTrade (Gains Network) AVAX/USD11.248L +0.0002% / S −0.0003%get 0.0000% / 1h44m 50s$13K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Deribit. 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
$22.82
Price spread: +0.036% → 0.000%
$3.56
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$9.38
Costs to cover
0.170%
Break-even
4.1 days
Slippage unknown: Deribit: live order book, 4 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 Deribit live order book, 4 min ago1.78 bp7.5 bp −$8doesn't fitdoesn'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 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
Injective AVAX/USDC PERP−0.1451%1h11.210−0.302%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUALlong−0.0106%1h11.244long leg$5.3M$8.9M25x
Nado AVAX-PERP−0.0088%1h11.250+0.058%$297K$885K10xas long as short
dYdX AVAX-USD0.0000%1h11.246+0.016%$103K$111K10xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h11.248+0.036%$13K150x
Variational Omni AVAX+0.0062%8h11.258+0.125%$3.0M$2.4Mas long as short
Lighter AVAX+0.0096%1h11.246+0.016%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.245+0.009%$18K$677K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.250+0.050%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.249+0.044%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.257+0.117%$299K$118K10xas long as short
Binance AVAXUSDT+0.0100%8h11.243−0.009%$120.4M$518.1M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.2440.000%$89.4M$155.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.245+0.009%$20.2M$144.9M50xas long as short
Gate AVAX_USDT+0.0100%8h11.246+0.018%$12.2M$40.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.245+0.009%$52.2M$93.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.250+0.053%$15.8M$24.3M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.243−0.009%$34.3M$59.1M75xas long as short
BingX AVAX-USDC+0.0100%8h11.247+0.027%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.245+0.009%$360K$564K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.249+0.042%$359K$864K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.2440.000%$181K$684K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.248+0.036%$134K$438K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.254+0.089%$204K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.276+0.284%$12K$733K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.246+0.018%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.246+0.022%$363K$1.0M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.245+0.009%$30.2M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.2440.000%$672K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.243−0.009%$258K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.248+0.036%$5.0M$7.7M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.244−0.002%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0270%1h11.251+0.061%$4.6M$13.2M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0280%1h11.263+0.169%$917K$8.0M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0419% / S −0.0271%1h11.246+0.022%$237K120xas long as short
Hyperliquid AVAX+0.0858%1h11.267+0.205%$43.7M$55.3M10xas long as short