Spread before costs (cost unknown: a leg has no order-book sample)−0.077%
7d average—if it closes, per $10,000$8funding while held, a day+$2.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) AVAX/USD | 11.159 | L +0.0002% / S −0.0003% | pay 0.0000% / 1h | 3m 55s | $12K | — | 150x |
| Short | Backpack AVAX_USDC_PERP | 11.150 | 0.0069 | get 0.0009% / 1h | 3m 55s | $319K | $611K | 15x |
gTrade (Gains Network) AVAX/USD
Backpack AVAX_USDC_PERPPrice 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
- −$7.71
- Funding while held
- $2.03
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$25.67
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 46 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0068%
- Per $10,000 a day
- +$2.03
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 46 min ago | 1.79 bp | 6.8 bp −$7 | 31.9 bp −$319 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Bybit11.131cheapestBingX11.135+0.036%OKX11.136+0.045%Reya11.138+0.065%Binance11.141+0.090%Polymarket Perps11.142+0.099%Gate11.143+0.108%Popdex11.145+0.126%KuCoin11.146+0.135%Aster11.147+0.143%Phemex11.147+0.144%Extended11.148+0.149%MEXC11.148+0.153%Bitget11.149+0.162%Aevo11.149+0.166%
Bybit
BingX
OKX
Reya
Binance
Polymarket Perps
Gate
Popdex
KuCoin
Aster
Phemex
Extended
MEXC
Bitget
AevoBackpack11.150+0.171%
SoDEX11.150+0.171%Coinbase International11.151+0.180%Lighter11.152+0.184%Deribit11.152+0.189%Paradex11.154+0.210%
SoDEX
Coinbase International
Lighter
Deribit
ParadexgTrade (Gains Network)11.159+0.248%
HTX11.159+0.248%GMX11.159+0.250%Orderly11.159+0.252%Pacifica11.160+0.261%Kraken Futures11.161+0.271%Hyperliquid11.163+0.287%BloFin11.163+0.287%dYdX11.165+0.301%Injective11.170+0.350%SunX11.180+0.438%Variational Omni11.185+0.485%ApeX Omni11.186+0.494%Nado11.191+0.544%
HTX
GMX
Orderly
Pacifica
Kraken Futures
Hyperliquid
BloFin
dYdX
Injective
SunX
Variational Omni
ApeX Omni
NadoAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | −0.247% | −0.0057% | 8h | $88.6M | $170.9M | 75x | as long as short |
| BingX AVAX-USDC | −0.211% | +0.0067% | 8h | — | $6.6M | — | as long as short |
| OKX AVAX-USDT-SWAP | −0.203% | 0.0000% | 8h | $20.8M | $177.4M | 50x | as long as short |
| Reya AVAXRUSDPERP | −0.183% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Binance AVAXUSDT | −0.158% | +0.0017% | 8h | $122.0M | $650.2M | 75x | as long as short |
| Polymarket Perps AVAX-USD | −0.149% | +0.0008% | 1h | $107K | $519K | 10x | as long as short |
| Gate AVAX_USDT | −0.140% | −0.0067% | 8h | $12.4M | $50.4M | 75x | as long as short |
| Popdex AVAXUSDT | −0.122% | +0.0096% | 1h | $16K | $901K | 50x | as long as short |
| KuCoin AVAXUSDTM | −0.113% | +0.0100% | 8h | $15.3M | $27.5M | 75x | as long as short |
| Aster AVAXUSDT | −0.105% | +0.0030% | 8h | $2.3M | $2.7M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex AVAXUSDT | −0.104% | +0.0019% | 8h | $29.8M | $4.8M | 50x | as long as short |
| Extended AVAX-USD | −0.099% | +0.0104% | 1h | $659K | $2.4M | 25x | as long as short |
| MEXC AVAX_USDT | −0.095% | +0.0017% | 8h | $55.1M | $161.5M | 200x | as long as short |
| Bitget AVAXUSDT | −0.086% | +0.0069% | 8h | $34.9M | $76.0M | 75x | as long as short |
| Aevo AVAX-PERP | −0.082% | +0.0088% | 1h | $256K | — | 3x | as long as short |
| Backpack AVAX_USDC_PERPshort | −0.077% | +0.0069% | 1h | $319K | $611K | 15x | |
| SoDEX AVAX-USD | −0.077% | −0.0178% | 1h | $19K | $75K | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.068% | +0.0176% | 1h | $851K | $10.7M | 50x | as long as short |
| Lighter AVAX | −0.064% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.059% | −0.0377% | 1h | $5.3M | $12.0M | 25x | as long as short |
| Paradex AVAX-USD-PERP | −0.038% | +0.0053% | 8h | $13K | $2K | 20x | as long as short |
| gTrade (Gains Network) AVAX/USDlong | 0.000% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | |
| HTX AVAX-USDT | 0.000% | +0.0100% | 8h | $359K | $1.4M | 75x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.002% | L +0.0403% / S −0.0236% | 1h | $235K | — | 120x | as long as short |
| Orderly PERP_AVAX_USDC | +0.004% | +0.0100% | 8h | $196K | $404K | 20x | as long as short |
| Pacifica AVAX | +0.013% | +0.0100% | 1h | $301K | $137K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.023% | +0.0242% | 1h | $4.4M | $18.2M | 50x | as long as short |
| Hyperliquid AVAX | +0.039% | +0.0140% | 1h | $43.1M | $69.0M | 10x | as long as short |
| BloFin AVAX-USDT | +0.039% | +0.0068% | 8h | $5.2M | $11.5M | 100x | as long as short |
| dYdX AVAX-USD | +0.053% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| Injective AVAX/USDC PERP | +0.102% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| SunX AVAX-USDT | +0.190% | +0.0100% | 8h | $12K | $710K | 20x | as long as short |
| Variational Omni AVAX | +0.237% | −0.0209% | 8h | $3.0M | $3.1M | — | as long as short |
| ApeX Omni AVAXUSDT | +0.246% | +0.0100% | 1h | $140K | $736K | 50x | as long as short |
| Nado AVAX-PERP | +0.295% | +0.0075% | 1h | $316K | $1.4M | 10x | as long as short |