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−0.0417%/8h= −45.6% APRnext payment $0.52 per $10,000 · paid last 24h −0.110%
Price spread now: gTrade (Gains Network) against GMX+0.005%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX AVAX/USD [AVAX-USDC]11.239L +0.0420% / S −0.0273%pay 0.0052% / 1h41m 59s$237K120x
ShortgTrade (Gains Network) AVAX/USD11.240L +0.0002% / S −0.0003%get 0.0000% / 1h41m 59s$13K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$87.54
Price spread: +0.005% → 0.000%
$0.47
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$109.07
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and 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%1h11.200−0.351%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0106%1h11.238−0.013%$5.3M$8.9M25xas long as short
Nado AVAX-PERP−0.0090%1h11.245+0.049%$297K$885K10xas long as short
dYdX AVAX-USD0.0000%1h11.247+0.063%$103K$111K10xas long as short
gTrade (Gains Network) AVAX/USDshortL +0.0002% / S −0.0003%1h11.240+0.005%$13K150x
Variational Omni AVAX+0.0062%8h11.258+0.166%$3.0M$2.4Mas long as short
Lighter AVAX+0.0096%1h11.240+0.006%$1.2M$3.3M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.239−0.004%$18K$676K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.241+0.016%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.240+0.008%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.250+0.098%$299K$118K10xas long as short
Binance AVAXUSDT+0.0100%8h11.236−0.031%$120.2M$517.6M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.235−0.040%$89.3M$155.8M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.235−0.040%$20.2M$144.7M50xas long as short
Gate AVAX_USDT+0.0100%8h11.235−0.040%$12.2M$40.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.234−0.049%$52.1M$93.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.243+0.031%$15.8M$24.3M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.239−0.004%$34.3M$59.0M75xas long as short
BingX AVAX-USDC+0.0100%8h11.235−0.040%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.239−0.004%$359K$564K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.246+0.058%$352K$862K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.250+0.094%$181K$684K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.241+0.014%$132K$440K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.247+0.067%$204K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.270+0.271%$12K$733K20xas long as short
SoDEX AVAX-USD+0.0100%1h11.238−0.013%$19K$72K10xas long as short
HTX AVAX-USDT+0.0100%8h11.229−0.090%$363K$1.0M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.240+0.005%$30.2M$5.0M50xas long as short
Extended AVAX-USD+0.0104%1h11.233−0.058%$672K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.235−0.036%$258K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.248+0.076%$5.0M$7.7M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.237−0.021%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0270%1h11.245+0.047%$4.6M$13.2M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0280%1h11.254+0.129%$917K$8.0M50xas long as short
GMX AVAX/USD [AVAX-USDC]longL +0.0420% / S −0.0273%1h11.239long leg$237K120x
Hyperliquid AVAX+0.0846%1h11.255+0.138%$43.7M$55.3M10xas long as short