Spread before costs (cost unknown: a leg has no order-book sample)−0.036%
7d average+0.008%if it closes, per $10,000$4funding while held, a day−$0.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AVAXUSD | 11.194 | 0.0241 | pay 0.0030% / 1h | 35m 15s | $4.4M | $18.8M | 50x |
| Short | GMX AVAX/USD [AVAX-USDC] | 11.190 | L +0.0386% / S −0.0220% | get 0.0028% / 1h | 35m 15s | $226K | — | 120x |
Kraken Futures PF_AVAXUSD
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
- −$3.63
- Funding while held
- −$0.61
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$26.25
- Spread needed to break even
- 0.220%
Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0020%
- Per $10,000 a day
- −$0.61
- 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 Kraken Futures live order book, 5 min ago | 3.13 bp | 11.3 bp −$11 | 17.2 bp −$172 | 61.5 bp −$6,153 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.ApeX Omni11.154cheapestVariational Omni11.159+0.049%Injective11.170+0.143%Reya11.174+0.180%Aster11.175+0.187%Paradex11.177+0.211%HTX11.178+0.211%Popdex11.178+0.215%Polymarket Perps11.178+0.215%Aevo11.179+0.226%Pacifica11.180+0.230%Nado11.180+0.233%Bybit11.181+0.242%Coinbase International11.182+0.251%dYdX11.182+0.254%Extended11.183+0.257%OKX11.184+0.269%Gate11.185+0.278%BingX11.185+0.278%SoDEX11.185+0.278%Phemex11.185+0.278%Lighter11.186+0.287%Bitget11.186+0.287%Deribit11.186+0.287%BloFin11.186+0.287%KuCoin11.187+0.296%Binance11.188+0.305%Backpack11.188+0.305%MEXC11.189+0.314%
ApeX Omni
Variational Omni
Injective
Reya
Aster
Paradex
HTX
Popdex
Polymarket Perps
Aevo
Pacifica
Nado
Bybit
Coinbase International
dYdX
Extended
OKX
Gate
BingX
SoDEX
Phemex
Lighter
Bitget
Deribit
BloFin
KuCoin
Binance
Backpack
MEXCGMX11.190+0.323%
gTrade (Gains Network)11.192+0.344%
gTrade (Gains Network)Kraken Futures11.194+0.360%
Orderly11.196+0.377%Hyperliquid11.201+0.421%SunX11.217+0.564%
Orderly
Hyperliquid
SunXAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni AVAXUSDT | −0.359% | +0.0100% | 1h | $140K | $738K | 50x | as long as short |
| Variational Omni AVAX | −0.310% | −0.0168% | 8h | $3.0M | $3.3M | — | as long as short |
| Injective AVAX/USDC PERP | −0.216% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| Reya AVAXRUSDPERP | −0.180% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Aster AVAXUSDT | −0.172% | +0.0046% | 8h | $2.3M | $2.8M | 75x | as long as short |
| Paradex AVAX-USD-PERP | −0.149% | +0.0077% | 8h | $13K | $2K | 20x | as long as short |
| HTX AVAX-USDT | −0.149% | +0.0100% | 8h | $357K | $1.5M | 75x | as long as short |
| Popdex AVAXUSDT | −0.144% | +0.0096% | 1h | $14K | $925K | 50x | as long as short |
| Polymarket Perps AVAX-USD | −0.144% | +0.0020% | 1h | $113K | $536K | 10x | as long as short |
| Aevo AVAX-PERP | −0.134% | +0.0088% | 1h | $257K | — | 3x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica AVAX | −0.130% | +0.0100% | 1h | $302K | $138K | 10x | as long as short |
| Nado AVAX-PERP | −0.126% | +0.0097% | 1h | $315K | $1.6M | 10x | as long as short |
| Bybit AVAXUSDT | −0.117% | −0.0003% | 8h | $89.4M | $174.1M | 75x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.108% | +0.0176% | 1h | $848K | $11.4M | 50x | as long as short |
| dYdX AVAX-USD | −0.105% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| Extended AVAX-USD | −0.102% | +0.0104% | 1h | $671K | $2.4M | 25x | as long as short |
| OKX AVAX-USDT-SWAP | −0.091% | +0.0026% | 8h | $20.9M | $186.4M | 50x | as long as short |
| Gate AVAX_USDT | −0.082% | −0.0055% | 8h | $12.5M | $50.0M | 75x | as long as short |
| BingX AVAX-USDT | −0.082% | +0.0074% | 8h | — | $108.4M | — | as long as short |
| SoDEX AVAX-USD | −0.082% | −0.0163% | 1h | $19K | $94K | 10x | as long as short |
| Phemex AVAXUSDT | −0.082% | +0.0039% | 8h | $30.0M | $4.9M | 50x | as long as short |
| Lighter AVAX | −0.073% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Bitget AVAXUSDT | −0.073% | +0.0073% | 8h | $35.1M | $80.0M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.073% | −0.0375% | 1h | $5.3M | $12.3M | 25x | as long as short |
| BloFin AVAX-USDT | −0.073% | +0.0151% | 8h | $5.3M | $11.7M | 100x | as long as short |
| KuCoin AVAXUSDTM | −0.064% | +0.0100% | 8h | $15.3M | $28.7M | 75x | as long as short |
| Binance AVAXUSDT | −0.055% | +0.0038% | 8h | $122.8M | $668.5M | 75x | as long as short |
| Backpack AVAX_USDC_PERP | −0.055% | +0.0100% | 1h | $321K | $625K | 15x | as long as short |
| MEXC AVAX_USDT | −0.046% | +0.0037% | 8h | $50.9M | $159.9M | 200x | as long as short |
| GMX AVAX/USD [AVAX-USDC]short | −0.036% | L +0.0386% / S −0.0220% | 1h | $226K | — | 120x | |
| gTrade (Gains Network) AVAX/USD | −0.016% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSDlong | 0.000% | +0.0241% | 1h | $4.4M | $18.8M | 50x | |
| Orderly PERP_AVAX_USDC | +0.017% | +0.0100% | 8h | $197K | $405K | 20x | as long as short |
| Hyperliquid AVAX | +0.061% | +0.0266% | 1h | $43.2M | $73.0M | 10x | as long as short |
| SunX AVAX-USDT | +0.203% | +0.0100% | 8h | $12K | $744K | 20x | as long as short |