Spread before costs (cost unknown: a leg has no order-book sample)+0.327%
7d average+0.079%if it closes, per $10,000$33funding while held, a day+$3.29
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX AVAX-USDT-SWAP | 10.994 | −0.0010 | get 0.0010% / 8h | 7h 47m | $20.4M | $170.8M | 50x |
| Short | Orderly PERP_AVAX_USDC | 11.030 | 0.0100 | get 0.0100% / 8h | 7h 47m | $194K | $404K | 20x |
OKX AVAX-USDT-SWAP
Orderly PERP_AVAX_USDCPrice 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
- $32.75
- Funding while held
- $3.29
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $20.04
- Spread needed to break even
- 0.160%
Slippage unknown: OKX: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0110%
- Per $10,000 a day
- +$3.29
- 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 OKX live order book, 3 min ago | 0.45 bp | 8.1 bp −$8 | 15.0 bp −$150 | 80.4 bp −$8,036 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.Bybit10.992cheapest
BybitOKX10.994+0.018%
Binance11.001+0.082%Pacifica11.003+0.096%BingX11.004+0.109%Lighter11.005+0.118%Bitget11.007+0.136%Aster11.007+0.141%dYdX11.008+0.146%MEXC11.008+0.146%Extended11.009+0.158%Gate11.014+0.200%KuCoin11.014+0.200%BloFin11.019+0.246%Deribit11.020+0.255%HTX11.020+0.257%Hyperliquid11.021+0.264%Backpack11.022+0.273%SoDEX11.022+0.273%Reya11.023+0.284%Polymarket Perps11.026+0.309%Aevo11.027+0.314%Popdex11.027+0.318%gTrade (Gains Network)11.028+0.328%Phemex11.028+0.328%Nado11.029+0.337%
Binance
Pacifica
BingX
Lighter
Bitget
Aster
dYdX
MEXC
Extended
Gate
KuCoin
BloFin
Deribit
HTX
Hyperliquid
Backpack
SoDEX
Reya
Polymarket Perps
Aevo
Popdex
gTrade (Gains Network)
Phemex
NadoOrderly11.030+0.346%
GMX11.032+0.361%Coinbase International11.032+0.364%Paradex11.033+0.370%Kraken Futures11.033+0.374%Variational Omni11.048+0.513%SunX11.054+0.564%ApeX Omni11.066+0.673%Injective11.170+1.619%
GMX
Coinbase International
Paradex
Kraken Futures
Variational Omni
SunX
ApeX Omni
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | −0.018% | −0.0409% | 8h | $87.3M | $170.2M | 75x | as long as short |
| OKX AVAX-USDT-SWAPlong | 0.000% | −0.0010% | 8h | $20.4M | $170.8M | 50x | |
| Binance AVAXUSDT | +0.064% | +0.0001% | 8h | $119.5M | $635.6M | 75x | as long as short |
| Pacifica AVAX | +0.078% | +0.0100% | 1h | $297K | $137K | 10x | as long as short |
| BingX AVAX-USDT | +0.091% | +0.0069% | 8h | — | $104.3M | — | as long as short |
| Lighter AVAX | +0.100% | +0.0096% | 1h | $1.3M | $3.1M | 10x | as long as short |
| Bitget AVAXUSDT | +0.118% | +0.0066% | 8h | $34.1M | $73.7M | 75x | as long as short |
| Aster AVAXUSDT | +0.122% | −0.0001% | 8h | $2.3M | $2.6M | 75x | as long as short |
| dYdX AVAX-USD | +0.127% | 0.0000% | 1h | $63K | $173K | 10x | as long as short |
| MEXC AVAX_USDT | +0.127% | +0.0001% | 8h | $51.8M | $144.6M | 200x | as long as short |