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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.040%
Price spread now: BloFin against Gate+0.027%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.274%+$27 on $10k
Price spread, last 3 days (all we have)−0.126%−$13 · spread now +0.027%, 7d avg +0.027%
Together, before fees+0.148%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate AVAX_USDT11.2240.0100pay 0.0100% / 8h22m 40s$12.5M$40.3M75x
ShortBloFin AVAX-USDT11.2270.0220get 0.0220% / 8h22m 40s$5.0M$7.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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
$25.2
Price spread: +0.027% → +0.027%
−$0.06
Slippage, 4 orders
−$21.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$22.92
Costs to cover
0.481%
Break-even
13.4 days
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago0.89 bp16.1 bp −$1622.0 bp −$22040.2 bp −$4,02068.6 bp −$34.3K
Sell BloFin live order book, 6 min ago0.44 bp8.6 bp −$913.3 bp −$13337.5 bp −$3,74978.4 bp −$39.2K

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%1h11.170−0.481%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0106%1h11.2240.000%$5.3M$8.9M25xas long as short
Nado AVAX-PERP−0.0100%1h11.217−0.062%$296K$878K10xas long as short
dYdX AVAX-USD0.0000%1h11.232+0.076%$103K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.224−0.001%$13K150xas long as short
Variational Omni AVAX+0.0084%8h11.245+0.189%$3.0M$2.4Mas long as short
Lighter AVAX+0.0096%1h11.232+0.075%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.223−0.009%$18K$671K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.233+0.081%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.223−0.008%$2.3M$1.7M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.235+0.095%$298K$118K10xas long as short
Binance AVAXUSDT+0.0100%8h11.233+0.080%$120.2M$512.1M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.233+0.080%$89.5M$155.0M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.235+0.098%$20.3M$143.7M50xas long as short
Gate AVAX_USDTlong+0.0100%8h11.224long leg$12.5M$40.3M75x
MEXC AVAX_USDT+0.0100%8h11.235+0.098%$50.6M$93.5M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.236+0.107%$15.8M$24.2M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.227+0.027%$34.2M$58.0M75xas long as short
BingX AVAX-USDT+0.0100%8h11.2240.000%$86.6Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.230+0.053%$359K$563K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.250+0.231%$352K$862K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.225+0.009%$180K$687K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.226+0.018%$132K$440K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.233+0.080%$204K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.247+0.203%$12K$734K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.227+0.027%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.226+0.016%$363K$1.0M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.226+0.018%$30.2M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.225+0.013%$669K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.2240.000%$258K3xas long as short
BloFin AVAX-USDTshort+0.0220%8h11.227+0.027%$5.0M$7.4M100x
Reya AVAXRUSDPERP+0.0244%1h11.221−0.023%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0270%1h11.231+0.063%$4.6M$13.1M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0280%1h11.237+0.116%$914K$7.8M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0427% / S −0.0283%1h11.227+0.029%$237K120xas long as short
Hyperliquid AVAX+0.0806%1h11.247+0.205%$43.7M$54.9M10xas long as short