AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.12 per $10,000 · paid last 24h −0.024%

Price spread now: gTrade (Gains Network) against Lighter−0.032%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.032% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter AVAX	10.929	0.0096	pay 0.0012% / 1h	18m 27s	$1.2M	$2.7M	10x
Short	gTrade (Gains Network) AVAX/USD	10.925	L +0.0002% / S −0.0003%	get 0.0000% / 1h	18m 27s	$12K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.032%Rate

Funding earned: −$19.52
Price spread: −0.032% → 0.000%: −$3.2
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.72
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 4 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 Lighter live order book, 4 min ago	2.47 bp	2.5 bp −$2	13.0 bp −$130	84.1 bp −$8,414	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	10.860	−0.629%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.931	+0.022%	$96K	$96K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.938	+0.085%	$5.0M	$7.4M	25x	as long as short
gTrade (Gains Network) AVAX/USDshort	L +0.0002% / S −0.0003%	1h	10.925	−0.032%	$12K	—	150x
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.940	+0.102%	$4.2M	$11.0M	50x	as long as short
Nado AVAX-PERP	+0.0033%	1h	10.918	−0.102%	$283K	$309K	10x	as long as short
Gate AVAX_USDT	+0.0081%	8h	10.923	−0.052%	$12.3M	$32.5M	75x	as long as short
Lighter AVAXlong	+0.0096%	1h	10.929	long leg	$1.2M	$2.7M	10x
Popdex AVAXUSDT	+0.0096%	1h	10.921	−0.070%	$7K	$448K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.929	+0.005%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	10.922	−0.060%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.932	+0.031%	$275K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.922	−0.062%	$114.6M	$418.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.915	−0.125%	$82.7M	$138.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.919	−0.089%	$19.8M	$110.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.921	−0.070%	$45.5M	$78.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.921	−0.070%	$15.0M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.919	−0.089%	$32.9M	$47.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.921	−0.070%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.937	+0.076%	$372K	$546K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.916	−0.120%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.921	−0.070%	$351K	$945K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.924	−0.043%	$176K	$666K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.922	−0.061%	$128K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.939	+0.094%	$192K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.962	+0.301%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.936	+0.067%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.918	−0.093%	$359K	$777K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.940	+0.103%	$29.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.919	−0.084%	$673K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.932	+0.035%	$251K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.932	+0.030%	$4.9M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.936	+0.067%	$891K	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.918	−0.096%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0255%	1h	10.935	+0.058%	$41.9M	$40.3M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0279%	1h	10.935	+0.057%	$237K	—	120x	as long as short