Spread before costs (cost unknown: a leg has no order-book sample)−0.109%
7d average—if it closes, per $10,000$11funding while held, a day−$5.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AVAX_USDC | 11.047 | 0.0100 | pay 0.0100% / 8h | 6h 49m | $195K | $403K | 20x |
| Short | SoDEX AVAX-USD | 11.035 | −0.0098 | pay 0.0012% / 1h | 49m 28s | $19K | $75K | 10x |
Orderly PERP_AVAX_USDC
SoDEX AVAX-USDPrice 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
- −$10.86
- Funding while held
- −$5.94
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$30.8
- Spread needed to break even
- 0.140%
Slippage unknown: Orderly: no order-book sample; SoDEX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0198%
- Per $10,000 a day
- −$5.94
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Orderly and 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 price on every exchange
against the cheapest. Click to use as the short leg.Backpack11.030cheapestVariational Omni11.031+0.009%Phemex11.033+0.027%
Backpack
Variational Omni
PhemexSoDEX11.035+0.045%
Aster11.036+0.055%Nado11.037+0.063%Extended11.037+0.066%Popdex11.039+0.082%Gate11.039+0.082%Bybit11.040+0.091%Paradex11.040+0.092%Lighter11.040+0.095%Aevo11.040+0.095%Pacifica11.041+0.100%BingX11.041+0.100%Kraken Futures11.041+0.103%gTrade (Gains Network)11.044+0.128%OKX11.045+0.136%Binance11.046+0.141%Bitget11.046+0.145%dYdX11.046+0.146%Reya11.047+0.153%ApeX Omni11.047+0.154%
Aster
Nado
Extended
Popdex
Gate
Bybit
Paradex
Lighter
Aevo
Pacifica
BingX
Kraken Futures
gTrade (Gains Network)
OKX
Binance
Bitget
dYdX
Reya
ApeX OmniOrderly11.047+0.154%
GMX11.047+0.158%Polymarket Perps11.048+0.163%Coinbase International11.049+0.172%BloFin11.050+0.181%MEXC11.051+0.190%KuCoin11.051+0.190%HTX11.053+0.204%Hyperliquid11.060+0.268%SunX11.080+0.452%Injective11.170+1.269%Deribit11.318+2.611%
GMX
Polymarket Perps
Coinbase International
BloFin
MEXC
KuCoin
HTX
Hyperliquid
SunX
Injective
DeribitAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack AVAX_USDC_PERP | −0.154% | −0.0047% | 1h | $311K | $559K | 15x | as long as short |
| Variational Omni AVAX | −0.145% | −0.0274% | 8h | $2.9M | $2.2M | — | as long as short |
| Phemex AVAXUSDT | −0.127% | −0.0095% | 8h | $29.5M | $4.8M | 50x | as long as short |
| SoDEX AVAX-USDshort | −0.109% | −0.0098% | 1h | $19K | $75K | 10x | |
| Aster AVAXUSDT | −0.099% | −0.0002% | 8h | $2.3M | $2.4M | 75x | as long as short |
| Nado AVAX-PERP | −0.091% | +0.0010% | 1h | $308K | $1.1M | 10x | as long as short |
| Extended AVAX-USD | −0.088% | +0.0104% | 1h | $634K | $2.3M | 25x | as long as short |
| Popdex AVAXUSDT | −0.072% | +0.0096% | 1h | $16K | $781K | 50x | as long as short |
| Gate AVAX_USDT | −0.072% | −0.0024% | 8h | $12.2M | $41.7M | 75x | as long as short |
| Bybit AVAXUSDT | −0.063% | −0.0225% | 8h | $87.7M | $156.3M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | −0.062% | +0.0071% | 8h | $13K | $1K | 20x | as long as short |
| Lighter AVAX | −0.059% | +0.0096% | 1h | $1.3M | $3.1M | 10x | as long as short |
| Aevo AVAX-PERP | −0.059% | +0.0080% | 1h | $254K | — | 3x | as long as short |
| Pacifica AVAX | −0.054% | +0.0100% | 1h | $299K | $137K | 10x | as long as short |
| BingX AVAX-USDC | −0.054% | +0.0064% | 8h | — | $6.6M | — | as long as short |
| Kraken Futures PF_AVAXUSD | −0.051% | +0.0247% | 1h | $4.4M | $14.8M | 50x | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.026% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| OKX AVAX-USDT-SWAP | −0.018% | −0.0029% | 8h | $20.4M | $153.7M | 50x | as long as short |
| Binance AVAXUSDT | −0.014% | +0.0005% | 8h | $119.8M | $577.7M | 75x | as long as short |
| Bitget AVAXUSDT | −0.009% | +0.0063% | 8h | $34.3M | $65.5M | 75x | as long as short |
| dYdX AVAX-USD | −0.008% | 0.0000% | 1h | $63K | $153K | 10x | as long as short |
| Reya AVAXRUSDPERP | −0.001% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| ApeX Omni AVAXUSDT | 0.000% | +0.0100% | 1h | $138K | $703K | 50x | as long as short |
| Orderly PERP_AVAX_USDClong | 0.000% | +0.0100% | 8h | $195K | $403K | 20x | |
| GMX AVAX/USD [AVAX-USDC] | +0.003% | L +0.0418% / S −0.0250% | 1h | $242K | — | 120x | as long as short |
| Polymarket Perps AVAX-USD | +0.009% | +0.0098% | 1h | $109K | $503K | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.018% | +0.0064% | 1h | $857K | $9.0M | 50x | as long as short |
| BloFin AVAX-USDT | +0.027% | +0.0019% | 8h | $5.1M | $9.6M | 100x | as long as short |
| MEXC AVAX_USDT | +0.036% | +0.0004% | 8h | $53.0M | $132.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.036% | +0.0100% | 8h | $14.8M | $25.3M | 75x | as long as short |
| HTX AVAX-USDT | +0.050% | +0.0100% | 8h | $351K | $1.4M | 75x | as long as short |
| Hyperliquid AVAX | +0.114% | +0.0100% | 1h | $42.4M | $61.1M | 10x | as long as short |
| SunX AVAX-USDT | +0.298% | +0.0100% | 8h | $12K | $670K | 20x | as long as short |
| Injective AVAX/USDC PERP | +1.113% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +2.453% | 0.0000% | 1h | $5.4M | $10.5M | 25x | as long as short |