Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average—if it closes, per $10,000$5funding while held, a day+$5.22
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex AVAX-USD-PERP | 10.931 | 0.0069 | pay 0.0069% / 8h | 5h 53m | $12K | $1K | 20x |
| Short | GMX AVAX/USD [AVAX-USDC] | 10.926 | L +0.0410% / S −0.0244% | get 0.0030% / 1h | 53m 32s | $235K | — | 120x |
Paradex AVAX-USD-PERP
GMX AVAX/USD [AVAX-USDC]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
- −$5.24
- Funding while held
- $5.22
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$16.01
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0174%
- Per $10,000 a day
- +$5.22
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Paradex and GMX: 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.Variational Omni10.856cheapestApeX Omni10.905+0.449%Nado10.909+0.482%BloFin10.909+0.486%Reya10.916+0.548%HTX10.918+0.574%Polymarket Perps10.920+0.588%Extended10.925+0.630%Coinbase International10.925+0.634%
Variational Omni
ApeX Omni
Nado
BloFin
Reya
HTX
Polymarket Perps
Extended
Coinbase InternationalGMX10.926+0.639%
OKX10.926+0.643%Backpack10.926+0.643%Bybit10.927+0.652%BingX10.927+0.652%gTrade (Gains Network)10.928+0.661%SoDEX10.928+0.661%Gate10.929+0.671%Lighter10.930+0.677%Popdex10.930+0.680%Bitget10.930+0.680%Deribit10.931+0.689%Aevo10.931+0.691%
OKX
Backpack
Bybit
BingX
gTrade (Gains Network)
SoDEX
Gate
Lighter
Popdex
Bitget
Deribit
AevoParadex10.931+0.692%
Pacifica10.932+0.698%KuCoin10.932+0.698%Phemex10.932+0.698%Binance10.932+0.699%MEXC10.933+0.707%Aster10.934+0.718%Orderly10.935+0.726%dYdX10.937+0.744%Kraken Futures10.939+0.758%Hyperliquid10.944+0.809%SunX10.959+0.947%Injective11.170+2.890%
Pacifica
KuCoin
Phemex
Binance
MEXC
Aster
Orderly
dYdX
Kraken Futures
Hyperliquid
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.687% | −0.0306% | 8h | $2.9M | $2.2M | — | as long as short |
| ApeX Omni AVAXUSDT | −0.241% | +0.0100% | 1h | $176K | $723K | 50x | as long as short |
| Nado AVAX-PERP | −0.209% | −0.0242% | 1h | $320K | $1.1M | 10x | as long as short |
| BloFin AVAX-USDT | −0.204% | +0.0040% | 8h | $5.0M | $9.4M | 100x | as long as short |
| Reya AVAXRUSDPERP | −0.143% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| HTX AVAX-USDT | −0.118% | +0.0100% | 8h | $347K | $1.3M | 75x | as long as short |
| Polymarket Perps AVAX-USD | −0.104% | +0.0100% | 1h | $108K | $498K | 10x | as long as short |
| Extended AVAX-USD | −0.062% | +0.0104% | 1h | $608K | $2.2M | 25x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.058% | +0.0040% | 1h | $809K | $8.6M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC]short | −0.052% | L +0.0410% / S −0.0244% | 1h | $235K | — | 120x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX AVAX-USDT-SWAP | −0.049% | −0.0065% | 8h | $19.0M | $149.3M | 50x | as long as short |
| Backpack AVAX_USDC_PERP | −0.049% | −0.0127% | 1h | $305K | $551K | 15x | as long as short |
| Bybit AVAXUSDT | −0.040% | −0.0238% | 8h | $86.2M | $154.8M | 75x | as long as short |
| BingX AVAX-USDC | −0.040% | +0.0044% | 8h | — | $6.5M | — | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.031% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| SoDEX AVAX-USD | −0.031% | +0.0100% | 1h | $18K | $76K | 10x | as long as short |
| Gate AVAX_USDT | −0.021% | −0.0105% | 8h | $12.0M | $41.1M | 75x | as long as short |
| Lighter AVAX | −0.015% | +0.0096% | 1h | $1.2M | $3.2M | 10x | as long as short |
| Popdex AVAXUSDT | −0.012% | +0.0096% | 1h | $9K | $759K | 50x | as long as short |
| Bitget AVAXUSDT | −0.012% | +0.0043% | 8h | $33.5M | $64.8M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.003% | −0.0116% | 1h | $5.1M | $10.3M | 25x | as long as short |
| Aevo AVAX-PERP | −0.001% | +0.0080% | 1h | $251K | — | 3x | as long as short |
| Paradex AVAX-USD-PERPlong | 0.000% | +0.0069% | 8h | $12K | $1K | 20x | |
| Pacifica AVAX | +0.006% | +0.0100% | 1h | $295K | $137K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.006% | +0.0100% | 8h | $14.8M | $25.1M | 75x | as long as short |
| Phemex AVAXUSDT | +0.006% | −0.0061% | 8h | $29.3M | $5.0M | 50x | as long as short |
| Binance AVAXUSDT | +0.007% | +0.0012% | 8h | $117.5M | $566.0M | 75x | as long as short |
| MEXC AVAX_USDT | +0.015% | +0.0010% | 8h | $53.9M | $124.1M | 200x | as long as short |
| Aster AVAXUSDT | +0.026% | −0.0026% | 8h | $2.2M | $2.2M | 75x | as long as short |
| Orderly PERP_AVAX_USDC | +0.033% | +0.0100% | 8h | $192K | $401K | 20x | as long as short |
| dYdX AVAX-USD | +0.052% | 0.0000% | 1h | $71K | $133K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.066% | −0.0004% | 1h | $4.5M | $14.5M | 50x | as long as short |
| Hyperliquid AVAX | +0.116% | +0.0100% | 1h | $40.4M | $61.9M | 10x | as long as short |
| SunX AVAX-USDT | +0.253% | +0.0100% | 8h | $12K | $686K | 20x | as long as short |
| Injective AVAX/USDC PERP | +2.183% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |