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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0222%/8h= +24.4% APRnext payment +$0.28 per $10,000 · paid last 24h +0.055%
Price spread now: Coinbase International against gTrade (Gains Network)−0.047%52s7-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
Funding pays, the price is against you. Coinbase International is 0.047% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AVAX/USD10.717L +0.0002% / S −0.0003%pay 0.0000% / 1h16m 23s$12K150x
ShortCoinbase International AVAX-PERP-INTX10.7120.0224get 0.0028% / 1h16m 23s$851K$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against gTrade (Gains Network). 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
$46.7
Price spread: −0.047% → 0.000%
−$4.67
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$22.04
Costs to cover
0.200%
Break-even
3.7 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Coinbase International: live order book, 3 min ago. 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 gTrade (Gains Network) no order-book sample
Sell Coinbase International live order book, 3 min ago2.80 bp11.9 bp −$1218.3 bp −$183doesn't fitdoesn'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 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
Kraken Futures PF_AVAXUSD−0.0184%1h10.715−0.015%$3.8M$11.6M50xas long as short
Nado AVAX-PERP−0.0180%1h10.718+0.014%$289K$329K10xas long as short
Variational Omni AVAX−0.0077%8h10.667−0.470%$2.9M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.723+0.055%$92K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.7170.000%$4.8M$6.8M25xas long as short
gTrade (Gains Network) AVAX/USDlongL +0.0002% / S −0.0003%1h10.717long leg$12K150x
Gate AVAX_USDT+0.0012%8h10.719+0.019%$13.2M$30.8M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.401%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0091%8h10.721+0.037%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.721+0.038%$1.2M$2.4M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex AVAXUSDT+0.0096%1h10.7170.000%$25K$468K50xas long as short
Hyperliquid AVAX+0.0100%1h10.725+0.075%$36.8M$41.7M10xas long as short
Aster AVAXUSDT+0.0100%8h10.718+0.010%$2.2M$896K75xas long as short
Pacifica AVAX+0.0100%1h10.725+0.075%$269K$128K10xas long as short
Binance AVAXUSDT+0.0100%8h10.715−0.016%$113.3M$406.5M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.714−0.028%$81.8M$139.5M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.715−0.019%$18.8M$108.0M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.716−0.009%$52.8M$80.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.718+0.009%$13.8M$21.6M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.7170.000%$32.5M$46.6M75xas long as short
BingX AVAX-USDT+0.0100%8h10.714−0.028%$53.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.719+0.019%$437K$547K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.702−0.139%$344K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.703−0.131%$173K$661K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.720+0.028%$135K$297K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.723+0.056%$232K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.746+0.272%$11K$769K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.714−0.028%$18K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h10.725+0.078%$326K$863K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.713−0.037%$28.6M$5.7M50xas long as short
Extended AVAX-USD+0.0104%1h10.711−0.057%$605K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.709−0.075%$246K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.705−0.112%$4.7M$5.5M100xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0224%1h10.712−0.047%$851K$4.7M50x
Reya AVAXRUSDPERP+0.0245%1h10.705−0.113%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.711−0.052%$226K120xas long as short