Spread before costs (cost unknown: a leg has no order-book sample)−0.827%
7d average—if it closes, per $10,000$83funding while held, a day+$1.88
| 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 43s | $17K | $79K | 12x |
| Short | Lighter AVAX | 11.078 | 0.0096 | get 0.0012% / 1h | 1m 43s | $1.3M | $3.2M | 10x |
Injective AVAX/USDC PERP
Lighter AVAXPrice 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
- −$82.72
- Funding while held
- $1.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$80.86
- Spread needed to break even
- 0.000%
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0063%
- Per $10,000 a day
- +$1.88
- 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 Lighter live order book, 2 min ago | 3.16 bp | 3.6 bp −$4 | 9.6 bp −$96 | 75.4 bp −$7,545 | doesn't fit |
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.Gate11.070cheapestSoDEX11.071+0.009%Extended11.072+0.015%Phemex11.072+0.018%KuCoin11.073+0.027%Backpack11.073+0.027%BingX11.074+0.036%Deribit11.075+0.045%Reya11.076+0.051%Binance11.076+0.054%Bybit11.076+0.054%OKX11.076+0.054%Bitget11.076+0.054%
Gate
SoDEX
Extended
Phemex
KuCoin
Backpack
BingX
Deribit
Reya
Binance
Bybit
OKX
BitgetLighter11.078+0.069%
Paradex11.078+0.070%dYdX11.078+0.072%Pacifica11.078+0.072%MEXC11.078+0.072%Nado11.079+0.086%BloFin11.080+0.090%Aevo11.081+0.096%HTX11.082+0.104%Aster11.082+0.107%Popdex11.082+0.108%GMX11.082+0.110%Polymarket Perps11.083+0.117%gTrade (Gains Network)11.083+0.117%Orderly11.084+0.126%Kraken Futures11.084+0.130%Hyperliquid11.092+0.197%Coinbase International11.092+0.199%ApeX Omni11.093+0.208%Variational Omni11.099+0.263%SunX11.107+0.337%
Paradex
dYdX
Pacifica
MEXC
Nado
BloFin
Aevo
HTX
Aster
Popdex
GMX
Polymarket Perps
gTrade (Gains Network)
Orderly
Kraken Futures
Hyperliquid
Coinbase International
ApeX Omni
Variational Omni
SunXInjective11.170+0.903%
AVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate AVAX_USDT | −0.895% | +0.0002% | 8h | $12.3M | $45.6M | 75x | as long as short |
| SoDEX AVAX-USD | −0.886% | −0.0030% | 1h | $19K | $75K | 10x | as long as short |
| Extended AVAX-USD | −0.880% | +0.0104% | 1h | $637K | $2.3M | 25x | as long as short |
| Phemex AVAXUSDT | −0.877% | −0.0055% | 8h | $29.6M | $4.8M | 50x | as long as short |
| KuCoin AVAXUSDTM | −0.868% | +0.0100% | 8h | $14.7M | $25.5M | 75x | as long as short |
| Backpack AVAX_USDC_PERP | −0.868% | 0.0000% | 1h | $308K | $555K | 15x | as long as short |
| BingX AVAX-USDC | −0.859% | +0.0067% | 8h | — | $6.6M | — | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.850% | −0.0382% | 1h | $5.2M | $10.6M | 25x | as long as short |
| Reya AVAXRUSDPERP | −0.844% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Binance AVAXUSDT | −0.842% | +0.0009% | 8h | $120.3M | $585.6M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | −0.842% | −0.0241% | 8h | $87.9M | $157.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.842% | −0.0023% | 8h | $20.6M | $156.3M | 50x | as long as short |
| Bitget AVAXUSDT | −0.842% | +0.0066% | 8h | $34.4M | $66.6M | 75x | as long as short |
| Lighter AVAXshort | −0.827% | +0.0096% | 1h | $1.3M | $3.2M | 10x | |
| 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 |
| MEXC AVAX_USDT | −0.824% | +0.0010% | 8h | $52.9M | $146.7M | 200x | as long as short |
| Nado AVAX-PERP | −0.810% | +0.0045% | 1h | $310K | $1.2M | 10x | as long as short |
| BloFin AVAX-USDT | −0.806% | +0.0044% | 8h | $5.1M | $9.9M | 100x | as long as short |
| Aevo AVAX-PERP | −0.800% | +0.0080% | 1h | $255K | — | 3x | as long as short |
| HTX AVAX-USDT | −0.792% | +0.0100% | 8h | $352K | $1.4M | 75x | as long as short |
| Aster AVAXUSDT | −0.789% | +0.0004% | 8h | $2.3M | $2.5M | 75x | as long as short |
| Popdex AVAXUSDT | −0.788% | +0.0096% | 1h | $16K | $802K | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | −0.786% | L +0.0418% / S −0.0250% | 1h | $242K | — | 120x | as long as short |
| Polymarket Perps AVAX-USD | −0.779% | +0.0100% | 1h | $109K | $507K | 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 |
| 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 |
| Hyperliquid AVAX | −0.700% | +0.0110% | 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 |
| ApeX Omni AVAXUSDT | −0.689% | +0.0100% | 1h | $139K | $706K | 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 |