After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.016%7d average+0.066%fees + slippage, in and out−$33spread needed0.330%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter AVAX | 10.921 | 0.0096 | pay 0.0012% / 1h | 9m 16s | $1.2M | $3.2M | 10x |
| Short | Phemex AVAXUSDT | 10.919 | 0.0006 | get 0.0006% / 8h | 5h 09m | $29.3M | $4.9M | 50x |
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
- −$1.65
- Funding while held
- −$2.71
- Slippage, 4 orders
- −$21.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$37.38
- Spread needed to break even
- 0.330%
Slippage from Lighter: live order book, 5 min ago; Phemex: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.71
- 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 Lighter live order book, 5 min ago | 1.05 bp | 2.7 bp −$3 | 10.6 bp −$106 | 92.6 bp −$9,262 | doesn't fit |
| Sell Phemex live order book, 6 min ago | 2.29 bp | 13.8 bp −$14 | 21.9 bp −$219 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.AVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.237% | −0.0302% | 8h | $2.9M | $2.2M | — | as long as short |
| Nado AVAX-PERP | −0.172% | −0.0225% | 1h | $319K | $974K | 10x | as long as short |
| Backpack AVAX_USDC_PERP | −0.154% | −0.0079% | 1h | $303K | $542K | 15x | as long as short |
| SoDEX AVAX-USD | −0.154% | +0.0069% | 1h | $18K | $72K | 10x | as long as short |
| Popdex AVAXUSDT | −0.136% | +0.0096% | 1h | $13K | $751K | 50x | as long as short |
| Paradex AVAX-USD-PERP | −0.121% | +0.0069% | 8h | $12K | $766 | 20x | as long as short |
| ApeX Omni AVAXUSDT | −0.117% | +0.0100% | 1h | $176K | $709K | 50x | as long as short |
| Gate AVAX_USDT | −0.108% | −0.0104% | 8h | $11.9M | $41.8M | 75x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.099% | +0.0040% | 1h | $805K | $8.3M | 50x | as long as short |
| Reya AVAXRUSDPERP | −0.081% | +0.0243% | 1h | $1K | — | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster AVAXUSDT | −0.067% | −0.0008% | 8h | $2.2M | $2.1M | 75x | as long as short |
| Pacifica AVAX | −0.062% | +0.0100% | 1h | $295K | $137K | 10x | as long as short |
| Polymarket Perps AVAX-USD | −0.062% | +0.0100% | 1h | $112K | $477K | 10x | as long as short |
| HTX AVAX-USDT | −0.058% | +0.0100% | 8h | $347K | $1.2M | 75x | as long as short |
| dYdX AVAX-USD | −0.056% | 0.0000% | 1h | $85K | $155K | 10x | as long as short |
| OKX AVAX-USDT-SWAP | −0.035% | −0.0065% | 8h | $18.9M | $146.0M | 50x | as long as short |
| Extended AVAX-USD | −0.033% | +0.0104% | 1h | $608K | $2.2M | 25x | as long as short |
| BingX AVAX-USDC | −0.026% | +0.0026% | 8h | — | $6.6M | — | as long as short |
| Bybit AVAXUSDT | −0.016% | −0.0184% | 8h | $85.6M | $150.9M | 75x | as long as short |
| Phemex AVAXUSDTshort | −0.016% | +0.0006% | 8h | $29.3M | $4.9M | 50x | |
| Lighter AVAXlong | 0.000% | +0.0096% | 1h | $1.2M | $3.2M | 10x | |
| Bitget AVAXUSDT | +0.002% | +0.0028% | 8h | $33.4M | $64.1M | 75x | as long as short |
| BloFin AVAX-USDT | +0.011% | +0.0111% | 8h | $5.0M | $9.3M | 100x | as long as short |
| Binance AVAXUSDT | +0.018% | +0.0028% | 8h | $117.4M | $554.0M | 75x | as long as short |
| KuCoin AVAXUSDTM | +0.020% | +0.0100% | 8h | $15.0M | $25.0M | 75x | as long as short |
| MEXC AVAX_USDT | +0.029% | +0.0026% | 8h | $51.0M | $125.7M | 200x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.029% | −0.0208% | 1h | $5.1M | $10.1M | 25x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.033% | L +0.0411% / S −0.0244% | 1h | $235K | — | 120x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.037% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| Aevo AVAX-PERP | +0.053% | +0.0088% | 1h | $251K | — | 3x | as long as short |
| Hyperliquid AVAX | +0.075% | +0.0112% | 1h | $40.4M | $60.7M | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.075% | +0.0100% | 8h | $203K | $412K | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.101% | −0.0004% | 1h | $4.4M | $14.2M | 50x | as long as short |
| SunX AVAX-USDT | +0.152% | +0.0100% | 8h | $12K | $689K | 20x | as long as short |
| Injective AVAX/USDC PERP | +2.282% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |
Lighter AVAX
Phemex AVAXUSDT
Variational Omni
Backpack
SoDEX
Popdex
Paradex
ApeX Omni
Gate
Coinbase International
Aster
Pacifica
Polymarket Perps
HTX
OKX
Extended
BingX
Bybit
Bitget
BloFin
Binance
KuCoin
MEXC
Deribit
GMX
gTrade (Gains Network)
Hyperliquid
Kraken Futures
SunX
Injective