Spread before costs (cost unknown: a leg has no order-book sample)+0.090%
7d average—if it closes, per $10,000$9funding while held, a day+$0.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex AVAX-USD-PERP | 11.030 | 0.0072 | pay 0.0072% / 8h | 6h 32m | $13K | $1K | 20x |
| Short | Hyperliquid AVAX | 11.040 | 0.0100 | get 0.0013% / 1h | 32m 56s | $42.1M | $60.8M | 10x |
Paradex AVAX-USD-PERP
Hyperliquid AVAXPrice 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
- $9.01
- Funding while held
- $0.85
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$3.15
- Spread needed to break even
- 0.130%
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0028%
- Per $10,000 a day
- +$0.85
- 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 Hyperliquid live order book, 12 min ago | 0.46 bp | 8.1 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
Paradex: 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.Aevo10.994cheapestVariational Omni10.994+0.007%Bybit11.021+0.250%Nado11.021+0.254%Extended11.022+0.258%OKX11.022+0.259%BingX11.024+0.277%Coinbase International11.024+0.277%Gate11.026+0.295%HTX11.027+0.300%Binance11.027+0.304%KuCoin11.027+0.304%SoDEX11.027+0.304%BloFin11.027+0.304%Aster11.027+0.308%Reya11.028+0.311%Phemex11.028+0.313%Lighter11.029+0.322%Pacifica11.029+0.322%Bitget11.029+0.322%Deribit11.029+0.322%Popdex11.030+0.331%MEXC11.030+0.331%Backpack11.030+0.331%
Aevo
Variational Omni
Bybit
Nado
Extended
OKX
BingX
Coinbase International
Gate
HTX
Binance
KuCoin
SoDEX
BloFin
Aster
Reya
Phemex
Lighter
Pacifica
Bitget
Deribit
Popdex
MEXC
BackpackParadex11.030+0.332%
Polymarket Perps11.031+0.340%dYdX11.032+0.348%gTrade (Gains Network)11.033+0.359%GMX11.034+0.365%ApeX Omni11.037+0.395%Orderly11.038+0.404%Kraken Futures11.039+0.413%
Polymarket Perps
dYdX
gTrade (Gains Network)
GMX
ApeX Omni
Orderly
Kraken FuturesHyperliquid11.040+0.422%
SunX11.060+0.602%Injective11.170+1.605%
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo AVAX-PERP | −0.331% | +0.0080% | 1h | $253K | — | 3x | as long as short |
| Variational Omni AVAX | −0.324% | −0.0284% | 8h | $2.9M | $2.2M | — | as long as short |
| Bybit AVAXUSDT | −0.082% | −0.0255% | 8h | $87.8M | $154.0M | 75x | as long as short |
| Nado AVAX-PERP | −0.078% | +0.0019% | 1h | $309K | $1.1M | 10x | as long as short |
| Extended AVAX-USD | −0.074% | +0.0104% | 1h | $629K | $2.3M | 25x | as long as short |
| OKX AVAX-USDT-SWAP | −0.073% | −0.0043% | 8h | $20.2M | $150.5M | 50x | as long as short |
| BingX AVAX-USDT | −0.055% | +0.0057% | 8h | — | $100.0M | — | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.055% | +0.0064% | 1h | $810K | $8.8M | 50x | as long as short |
| Gate AVAX_USDT | −0.037% | −0.0088% | 8h | $12.1M | $42.6M | 75x | as long as short |
| HTX AVAX-USDT | −0.032% | +0.0100% | 8h | $350K | $1.4M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance AVAXUSDT | −0.028% | +0.0003% | 8h | $118.9M | $569.1M | 75x | as long as short |
| KuCoin AVAXUSDTM | −0.028% | +0.0097% | 8h | $14.8M | $25.0M | 75x | as long as short |
| SoDEX AVAX-USD | −0.028% | −0.0074% | 1h | $19K | $75K | 10x | as long as short |
| BloFin AVAX-USDT | −0.028% | +0.0011% | 8h | $5.1M | $9.5M | 100x | as long as short |
| Aster AVAXUSDT | −0.024% | −0.0008% | 8h | $2.3M | $2.3M | 75x | as long as short |
| Reya AVAXRUSDPERP | −0.020% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Phemex AVAXUSDT | −0.019% | −0.0106% | 8h | $29.5M | $4.8M | 50x | as long as short |
| Lighter AVAX | −0.010% | +0.0096% | 1h | $1.3M | $3.1M | 10x | as long as short |
| Pacifica AVAX | −0.010% | +0.0100% | 1h | $298K | $137K | 10x | as long as short |
| Bitget AVAXUSDT | −0.010% | +0.0054% | 8h | $34.2M | $64.3M | 75x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.010% | −0.0294% | 1h | $5.2M | $10.3M | 25x | as long as short |
| Popdex AVAXUSDT | −0.001% | +0.0096% | 1h | $16K | $757K | 50x | as long as short |
| MEXC AVAX_USDT | −0.001% | +0.0003% | 8h | $51.9M | $133.3M | 200x | as long as short |
| Backpack AVAX_USDC_PERP | −0.001% | −0.0067% | 1h | $308K | $545K | 15x | as long as short |
| Paradex AVAX-USD-PERPlong | 0.000% | +0.0072% | 8h | $13K | $1K | 20x | |
| Polymarket Perps AVAX-USD | +0.008% | +0.0073% | 1h | $109K | $502K | 10x | as long as short |
| dYdX AVAX-USD | +0.016% | 0.0000% | 1h | $64K | $139K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.027% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.033% | L +0.0416% / S −0.0249% | 1h | $240K | — | 120x | as long as short |
| ApeX Omni AVAXUSDT | +0.063% | +0.0100% | 1h | $138K | $704K | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.072% | +0.0100% | 8h | $194K | $401K | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.081% | +0.0247% | 1h | $4.4M | $14.4M | 50x | as long as short |
| Hyperliquid AVAXshort | +0.090% | +0.0100% | 1h | $42.1M | $60.8M | 10x | |
| SunX AVAX-USDT | +0.270% | +0.0100% | 8h | $12K | $668K | 20x | as long as short |
| Injective AVAX/USDC PERP | +1.269% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |