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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0292%/8h= +32.0% APRnext payment +$0.37 per $10,000 · paid last 24h +0.072%
Price spread now: GMX against gTrade (Gains Network)−0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) AVAX/USD10.719L +0.0002% / S −0.0003%pay 0.0000% / 1h4m 32s$12K150x
ShortGMX AVAX/USD [AVAX-USDC]10.718L +0.0443% / S −0.0294%get 0.0037% / 1h4m 32s$226K120x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$61.41
Price spread: −0.005% → 0.000%
−$0.47
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
$38.94
Costs to cover
0.220%
Break-even
2.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) and GMX: 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
Nado AVAX-PERP−0.0208%1h10.710−0.085%$289K$326K10xas long as short
Kraken Futures PF_AVAXUSD−0.0184%1h10.720+0.012%$3.8M$11.6M50xas long as short
Variational Omni AVAX−0.0077%8h10.707−0.108%$2.9M$2.1Mas long as short
dYdX AVAX-USD0.0000%1h10.713−0.054%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.721+0.022%$4.8M$6.7M25xas long as short
gTrade (Gains Network) AVAX/USDlongL +0.0002% / S −0.0003%1h10.719long leg$12K150x
Gate AVAX_USDT+0.0010%8h10.710−0.080%$13.3M$30.9M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.386%$17K$151K12xas long as short
Paradex AVAX-USD-PERP+0.0092%8h10.713−0.050%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.713−0.055%$1.2M$2.4M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex AVAXUSDT+0.0096%1h10.710−0.080%$25K$465K50xas long as short
Hyperliquid AVAX+0.0100%1h10.727+0.078%$36.8M$40.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.711−0.069%$2.2M$888K75xas long as short
Pacifica AVAX+0.0100%1h10.719+0.008%$269K$128K10xas long as short
Binance AVAXUSDT+0.0100%8h10.709−0.089%$113.3M$403.3M75xas long as short
Bybit AVAXUSDT+0.0100%8h10.708−0.099%$81.9M$139.0M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.709−0.090%$18.8M$107.0M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.712−0.062%$52.9M$80.9M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.717−0.015%$13.8M$21.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.714−0.043%$32.8M$46.3M75xas long as short
BingX AVAX-USDC+0.0100%8h10.710−0.080%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.720+0.013%$436K$547K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.716−0.020%$337K$1.2M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.719+0.004%$173K$662K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.716−0.024%$135K$297K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.723+0.041%$232K$254K20xas long as short
SunX AVAX-USDT+0.0100%8h10.739+0.186%$12K$769K20xas long as short
SoDEX AVAX-USD+0.0100%1h10.715−0.034%$18K$68K10xas long as short
HTX AVAX-USDT+0.0100%8h10.713−0.048%$326K$857K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.716−0.024%$28.6M$5.7M50xas long as short
Extended AVAX-USD+0.0104%1h10.707−0.109%$605K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.712−0.066%$246K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.713−0.052%$4.7M$5.4M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0224%1h10.719+0.004%$851K$4.7M50xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.712−0.065%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]shortL +0.0443% / S −0.0294%1h10.718−0.005%$226K120x