Spread before costs (cost unknown: a leg has no order-book sample)−0.073%
7d average—if it closes, per $10,000$7funding while held, a day−$12.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AVAX/USD [AVAX-USDC] | 11.178 | L +0.0386% / S −0.0220% | pay 0.0048% / 1h | 43m 57s | $226K | — | 120x |
| Short | Injective AVAX/USDC PERP | 11.170 | −0.0022 | pay 0.0003% / 1h | 43m 57s | $17K | $79K | 12x |
GMX AVAX/USD [AVAX-USDC]
Injective 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
- −$7.3
- Funding while held
- −$12.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$31.55
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0408%
- Per $10,000 a day
- −$12.23
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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.Variational Omni11.154cheapestBybit11.161+0.061%Bitget11.161+0.061%OKX11.162+0.070%Extended11.165+0.096%Aevo11.165+0.101%Reya11.166+0.101%SoDEX11.167+0.115%HTX11.167+0.118%Binance11.168+0.120%Aster11.168+0.122%Deribit11.168+0.124%Lighter11.168+0.127%Popdex11.169+0.133%BingX11.169+0.133%Backpack11.170+0.141%
Variational Omni
Bybit
Bitget
OKX
Extended
Aevo
Reya
SoDEX
HTX
Binance
Aster
Deribit
Lighter
Popdex
BingX
BackpackInjective11.170+0.141%
MEXC11.171+0.150%Nado11.171+0.155%BloFin11.172+0.159%Gate11.173+0.168%Polymarket Perps11.174+0.177%KuCoin11.176+0.195%gTrade (Gains Network)11.176+0.199%Kraken Futures11.177+0.206%Orderly11.178+0.213%
MEXC
Nado
BloFin
Gate
Polymarket Perps
KuCoin
gTrade (Gains Network)
Kraken Futures
OrderlyGMX11.178+0.215%
ApeX Omni11.179+0.222%Phemex11.179+0.222%dYdX11.188+0.302%Hyperliquid11.189+0.315%Pacifica11.195+0.363%Coinbase International11.195+0.366%SunX11.197+0.387%Paradex11.201+0.419%
ApeX Omni
Phemex
dYdX
Hyperliquid
Pacifica
Coinbase International
SunX
ParadexAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.214% | −0.0158% | 8h | $3.0M | $3.3M | — | as long as short |
| Bybit AVAXUSDT | −0.154% | +0.0012% | 8h | $89.0M | $175.6M | 75x | as long as short |
| Bitget AVAXUSDT | −0.154% | +0.0070% | 8h | $35.1M | $81.3M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.145% | +0.0031% | 8h | $20.9M | $190.5M | 50x | as long as short |
| Extended AVAX-USD | −0.118% | +0.0104% | 1h | $685K | $2.4M | 25x | as long as short |
| Aevo AVAX-PERP | −0.113% | +0.0088% | 1h | $256K | — | 3x | as long as short |
| Reya AVAXRUSDPERP | −0.113% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| SoDEX AVAX-USD | −0.100% | −0.0102% | 1h | $19K | $113K | 10x | as long as short |
| HTX AVAX-USDT | −0.096% | +0.0100% | 8h | $357K | $1.5M | 75x | as long as short |
| Binance AVAXUSDT | −0.095% | +0.0044% | 8h | $123.1M | $679.2M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster AVAXUSDT | −0.093% | +0.0053% | 8h | $2.3M | $2.9M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.091% | −0.0466% | 1h | $5.3M | $12.6M | 25x | as long as short |
| Lighter AVAX | −0.087% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Popdex AVAXUSDT | −0.082% | +0.0096% | 1h | $14K | $937K | 50x | as long as short |
| BingX AVAX-USDC | −0.082% | +0.0065% | 8h | — | $6.6M | — | as long as short |
| Backpack AVAX_USDC_PERP | −0.073% | +0.0100% | 1h | $322K | $650K | 15x | as long as short |
| Injective AVAX/USDC PERPshort | −0.073% | −0.0022% | 1h | $17K | $79K | 12x | |
| MEXC AVAX_USDT | −0.064% | +0.0043% | 8h | $48.5M | $159.1M | 200x | as long as short |
| Nado AVAX-PERP | −0.060% | +0.0100% | 1h | $327K | $1.7M | 10x | as long as short |
| BloFin AVAX-USDT | −0.055% | +0.0164% | 8h | $5.3M | $11.8M | 100x | as long as short |
| Gate AVAX_USDT | −0.046% | −0.0045% | 8h | $12.4M | $49.9M | 75x | as long as short |
| Polymarket Perps AVAX-USD | −0.037% | +0.0051% | 1h | $115K | $538K | 10x | as long as short |
| KuCoin AVAXUSDTM | −0.019% | +0.0100% | 8h | $15.3M | $29.2M | 75x | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.016% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.008% | +0.0241% | 1h | $4.4M | $19.2M | 50x | as long as short |
| Orderly PERP_AVAX_USDC | −0.001% | +0.0100% | 8h | $196K | $405K | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC]long | 0.000% | L +0.0386% / S −0.0220% | 1h | $226K | — | 120x | |
| ApeX Omni AVAXUSDT | +0.007% | +0.0100% | 1h | $140K | $739K | 50x | as long as short |
| Phemex AVAXUSDT | +0.007% | +0.0042% | 8h | $30.0M | $4.9M | 50x | as long as short |
| dYdX AVAX-USD | +0.087% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| Hyperliquid AVAX | +0.101% | +0.0278% | 1h | $43.1M | $75.8M | 10x | as long as short |
| Pacifica AVAX | +0.148% | +0.0100% | 1h | $303K | $165K | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.151% | +0.0176% | 1h | $844K | $11.6M | 50x | as long as short |
| SunX AVAX-USDT | +0.172% | +0.0100% | 8h | $12K | $767K | 20x | as long as short |
| Paradex AVAX-USD-PERP | +0.204% | +0.0086% | 8h | $13K | $2K | 20x | as long as short |