Spread before costs (cost unknown: a leg has no order-book sample)−0.790%
7d average—if it closes, per $10,000$79funding while held, a day+$6.51
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective AVAX/USDC PERP | 11.170 | 0.0033 | pay 0.0004% / 1h | 1m 19s | $17K | $79K | 12x |
| Short | GMX AVAX/USD [AVAX-USDC] | 11.082 | L +0.0418% / S −0.0250% | get 0.0031% / 1h | 1m 19s | $242K | — | 120x |
Injective AVAX/USDC PERP
GMX AVAX/USD [AVAX-USDC]Price 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
- −$78.96
- Funding while held
- $6.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$84.47
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0217%
- Per $10,000 a day
- +$6.51
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective 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 price on every exchange
against the cheapest. Click to use as the short leg.SoDEX11.071cheapestAevo11.072+0.006%Bybit11.072+0.009%OKX11.072+0.009%Phemex11.072+0.009%Reya11.073+0.014%Backpack11.073+0.018%Bitget11.074+0.027%Deribit11.075+0.036%Binance11.076+0.041%BingX11.076+0.045%Lighter11.078+0.060%Paradex11.078+0.061%dYdX11.078+0.063%Pacifica11.078+0.063%Polymarket Perps11.078+0.063%Extended11.078+0.064%BloFin11.080+0.081%KuCoin11.081+0.090%HTX11.082+0.095%
SoDEX
Aevo
Bybit
OKX
Phemex
Reya
Backpack
Bitget
Deribit
Binance
BingX
Lighter
Paradex
dYdX
Pacifica
Polymarket Perps
Extended
BloFin
KuCoin
HTXGMX11.082+0.098%
MEXC11.082+0.099%Nado11.082+0.099%gTrade (Gains Network)11.083+0.108%Popdex11.084+0.117%Gate11.084+0.117%Orderly11.084+0.117%Kraken Futures11.084+0.121%ApeX Omni11.085+0.126%Aster11.087+0.142%Hyperliquid11.092+0.190%Coinbase International11.092+0.190%Variational Omni11.099+0.254%SunX11.107+0.328%
MEXC
Nado
gTrade (Gains Network)
Popdex
Gate
Orderly
Kraken Futures
ApeX Omni
Aster
Hyperliquid
Coinbase International
Variational Omni
SunXInjective11.170+0.894%
AVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX AVAX-USD | −0.886% | −0.0030% | 1h | $19K | $75K | 10x | as long as short |
| Aevo AVAX-PERP | −0.880% | +0.0080% | 1h | $254K | — | 3x | as long as short |
| Bybit AVAXUSDT | −0.877% | −0.0241% | 8h | $87.9M | $157.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.877% | −0.0023% | 8h | $20.6M | $156.3M | 50x | as long as short |
| Phemex AVAXUSDT | −0.877% | −0.0055% | 8h | $29.6M | $4.8M | 50x | as long as short |
| Reya AVAXRUSDPERP | −0.873% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Backpack AVAX_USDC_PERP | −0.868% | 0.0000% | 1h | $308K | $555K | 15x | as long as short |
| Bitget AVAXUSDT | −0.859% | +0.0066% | 8h | $34.4M | $66.5M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.850% | −0.0382% | 1h | $5.2M | $10.6M | 25x | as long as short |
| Binance AVAXUSDT | −0.846% | +0.0009% | 8h | $120.3M | $584.7M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX AVAX-USDC | −0.842% | +0.0067% | 8h | — | $6.6M | — | as long as short |
| Lighter AVAX | −0.827% | +0.0096% | 1h | $1.3M | $3.2M | 10x | as long as short |
| Paradex AVAX-USD-PERP | −0.825% | +0.0076% | 8h | $13K | $1K | 20x | as long as short |
| dYdX AVAX-USD | −0.824% | 0.0000% | 1h | $63K | $157K | 10x | as long as short |
| Pacifica AVAX | −0.824% | +0.0100% | 1h | $300K | $136K | 10x | as long as short |
| Polymarket Perps AVAX-USD | −0.824% | +0.0100% | 1h | $109K | $507K | 10x | as long as short |
| Extended AVAX-USD | −0.823% | +0.0104% | 1h | $637K | $2.3M | 25x | as long as short |
| BloFin AVAX-USDT | −0.806% | +0.0044% | 8h | $5.1M | $9.9M | 100x | as long as short |
| KuCoin AVAXUSDTM | −0.797% | +0.0100% | 8h | $14.7M | $25.5M | 75x | as long as short |
| HTX AVAX-USDT | −0.792% | +0.0100% | 8h | $352K | $1.4M | 75x | as long as short |
| GMX AVAX/USD [AVAX-USDC]short | −0.790% | L +0.0418% / S −0.0250% | 1h | $242K | — | 120x | |
| MEXC AVAX_USDT | −0.788% | +0.0010% | 8h | $52.9M | $146.7M | 200x | as long as short |
| Nado AVAX-PERP | −0.788% | +0.0043% | 1h | $310K | $1.2M | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.779% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| Popdex AVAXUSDT | −0.770% | +0.0096% | 1h | $16K | $796K | 50x | as long as short |
| Gate AVAX_USDT | −0.770% | +0.0008% | 8h | $12.3M | $45.6M | 75x | as long as short |
| Orderly PERP_AVAX_USDC | −0.770% | +0.0100% | 8h | $195K | $403K | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.766% | −0.0023% | 1h | $4.4M | $15.0M | 50x | as long as short |
| ApeX Omni AVAXUSDT | −0.761% | +0.0100% | 1h | $139K | $705K | 50x | as long as short |
| Aster AVAXUSDT | −0.746% | +0.0004% | 8h | $2.3M | $2.5M | 75x | as long as short |
| Hyperliquid AVAX | −0.698% | +0.0109% | 1h | $42.7M | $62.0M | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.698% | +0.0096% | 1h | $868K | $9.3M | 50x | as long as short |
| Variational Omni AVAX | −0.635% | −0.0266% | 8h | $2.9M | $2.3M | — | as long as short |
| SunX AVAX-USDT | −0.561% | +0.0100% | 8h | $12K | $674K | 20x | as long as short |
| Injective AVAX/USDC PERPlong | 0.000% | +0.0033% | 1h | $17K | $79K | 12x |