Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.034%
Price spread now: SoDEX against Lighter−0.015%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter AVAX11.2350.0096pay 0.0012% / 1h39m 02s$1.2M$3.3M10x
ShortSoDEX AVAX-USD11.2330.0100get 0.0013% / 1h39m 02s$19K$72K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
$0.84
Price spread: −0.015% → 0.000%
−$1.51
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$8.67
Costs to cover
0.080%
Break-even
79.3 days
Slippage unknown: Lighter: live order book, 3 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 3 min ago2.27 bp3.1 bp −$311.3 bp −$11393.3 bp −$9,332doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1451%1h11.190−0.398%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0106%1h11.230−0.042%$5.3M$8.9M25xas long as short
Nado AVAX-PERP−0.0087%1h11.232−0.020%$296K$884K10xas long as short
dYdX AVAX-USD0.0000%1h11.233−0.018%$103K$111K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.234−0.006%$13K150xas long as short
Variational Omni AVAX+0.0065%8h11.239+0.039%$3.0M$2.4Mas long as short
Lighter AVAXlong+0.0096%1h11.235long leg$1.2M$3.3M10x
Popdex AVAXUSDT+0.0096%1h11.231−0.033%$18K$676K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.229−0.054%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.236+0.013%$2.3M$1.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.237+0.023%$298K$118K10xas long as short
Binance AVAXUSDT+0.0100%8h11.234−0.004%$120.2M$516.4M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.234−0.006%$89.3M$155.4M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.235+0.003%$20.2M$144.4M50xas long as short
Gate AVAX_USDT+0.0100%8h11.233−0.015%$12.5M$40.1M75xas long as short
MEXC AVAX_USDT+0.0100%8h11.233−0.015%$52.1M$93.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.238+0.029%$15.8M$24.3M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.234−0.006%$34.2M$58.8M75xas long as short
BingX AVAX-USDT+0.0100%8h11.232−0.024%$87.0Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.236+0.012%$359K$564K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.242+0.066%$352K$862K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.242+0.065%$181K$685K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.236+0.012%$132K$440K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.241+0.056%$204K$303K20xas long as short
SunX AVAX-USDT+0.0100%8h11.265+0.268%$12K$733K20xas long as short
SoDEX AVAX-USDshort+0.0100%1h11.233−0.015%$19K$72K10x
HTX AVAX-USDT+0.0100%8h11.232−0.020%$363K$1.0M75xas long as short
Phemex AVAXUSDT+0.0100%8h11.234−0.006%$30.2M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.230−0.042%$672K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.235+0.005%$258K3xas long as short
BloFin AVAX-USDT+0.0220%8h11.234−0.006%$5.0M$7.5M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.232−0.027%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0270%1h11.239+0.041%$4.6M$13.2M50xas long as short
Coinbase International AVAX-PERP-INTX+0.0280%1h11.254+0.172%$917K$7.9M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0421% / S −0.0275%1h11.234−0.003%$237K120xas long as short
Hyperliquid AVAX+0.0825%1h11.254+0.172%$43.7M$55.0M10xas long as short