Funding you earn now, next payment 05:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h −0.030%
Price spread now: gTrade (Gains Network) against Kraken Futures−0.242%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and gTrade (Gains Network) is 0.242% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AVAXUSD | 10.992 | 0.0020 | pay 0.0002% / 1h | 44m 27s | $4.2M | $11.3M | 50x |
| Short | gTrade (Gains Network) AVAX/USD | 10.965 | L +0.0002% / S −0.0003% | get 0.0000% / 1h | 44m 27s | $12K | — | 150x |
Kraken Futures PF_AVAXUSD
gTrade (Gains Network) AVAX/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.46
- Price spread: −0.242% → 0.000%
- −$24.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$47.69
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 5 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 5 min ago | 2.72 bp | 11.8 bp −$12 | 14.4 bp −$144 | 53.3 bp −$5,328 | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1421% | 1h | 10.960 | −0.290% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0023% | 1h | 10.992 | +0.002% | $5.1M | $7.8M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.965 | −0.244% | $96K | $97K | 10x | as long as short |
| Nado AVAX-PERP | +0.0001% | 1h | 10.963 | −0.258% | $285K | $319K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USDshort | L +0.0002% / S −0.0003% | 1h | 10.965 | −0.242% | $12K | — | 150x | |
| Kraken Futures PF_AVAXUSDlong | +0.0020% | 1h | 10.992 | long leg | $4.2M | $11.3M | 50x | |
| Lighter AVAX | +0.0096% | 1h | 10.964 | −0.256% | $1.2M | $2.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.968 | −0.217% | $15K | $456K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 10.967 | −0.228% | $12K | $212 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.966 | −0.235% | $2.2M | $1.1M | 75x | as long as short |
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
dYdX AVAX-USD
Nado AVAX-PERP
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica AVAX | +0.0100% | 1h | 10.969 | −0.212% | $276K | $131K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.965 | −0.247% | $115.8M | $428.3M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.959 | −0.299% | $83.7M | $140.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.966 | −0.235% | $20.1M | $113.4M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 10.967 | −0.226% | $12.1M | $32.2M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.967 | −0.226% | $45.7M | $78.1M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.972 | −0.180% | $15.4M | $21.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.964 | −0.253% | $33.0M | $47.7M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.963 | −0.262% | — | $75.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.985 | −0.062% | $369K | $548K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 10.991 | −0.011% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.998 | +0.056% | $351K | $900K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.004 | +0.111% | $177K | $668K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.967 | −0.226% | $128K | $345K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.968 | −0.217% | $193K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.020 | +0.254% | $12K | $721K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.990 | −0.017% | $18K | $71K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.992 | +0.006% | $366K | $791K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.992 | +0.002% | $29.3M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.965 | −0.240% | $678K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.988 | −0.038% | $252K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.993 | +0.011% | $5.0M | $5.3M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 11.000 | +0.074% | $893K | $5.2M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.962 | −0.274% | $1K | — | 20x | as long as short |
| Hyperliquid AVAX | +0.0404% | 1h | 10.982 | −0.089% | $42.6M | $41.7M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 10.967 | −0.224% | $233K | — | 120x | as long as short |
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Reya AVAXRUSDPERP
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]