Spread before costs (cost unknown: a leg has no order-book sample)−0.094%
7d average—if it closes, per $10,000$9funding while held, a day+$1.42
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex AVAX-USD-PERP | 11.137 | 0.0049 | pay 0.0049% / 8h | 0m 54s | $13K | $2K | 20x |
| Short | Popdex AVAXUSDT | 11.127 | 0.0096 | get 0.0012% / 1h | 0m 54s | $16K | $896K | 50x |
Paradex AVAX-USD-PERP
Popdex AVAXUSDTPrice 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
- −$9.41
- Funding while held
- $1.42
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$18.39
- Spread needed to break even
- 0.104%
Slippage unknown: Paradex: no order-book sample; Popdex: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0047%
- Per $10,000 a day
- +$1.42
- 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 Popdex live order book, 15 min ago | 1.79 bp | 6.5 bp −$6 | 18.0 bp −$180 | 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.Bybit11.089cheapestOKX11.094+0.045%BingX11.097+0.072%Binance11.098+0.081%Gate11.099+0.090%MEXC11.099+0.090%Extended11.101+0.107%KuCoin11.102+0.117%Aster11.104+0.135%Bitget11.105+0.144%Backpack11.111+0.198%Nado11.113+0.216%Reya11.115+0.232%HTX11.121+0.285%Hyperliquid11.124+0.316%Coinbase International11.124+0.316%Aevo11.124+0.319%SoDEX11.125+0.325%Deribit11.125+0.325%dYdX11.126+0.329%Phemex11.126+0.334%
Bybit
OKX
BingX
Binance
Gate
MEXC
Extended
KuCoin
Aster
Bitget
Backpack
Nado
Reya
HTX
Hyperliquid
Coinbase International
Aevo
SoDEX
Deribit
dYdX
PhemexPopdex11.127+0.343%
Lighter11.130+0.370%Polymarket Perps11.130+0.370%gTrade (Gains Network)11.130+0.370%GMX11.131+0.378%BloFin11.131+0.379%Orderly11.135+0.415%
Lighter
Polymarket Perps
gTrade (Gains Network)
GMX
BloFin
OrderlyParadex11.137+0.437%
Kraken Futures11.140+0.457%SunX11.142+0.476%Pacifica11.143+0.487%ApeX Omni11.144+0.496%Injective11.170+0.730%Variational Omni11.185+0.866%
Kraken Futures
SunX
Pacifica
ApeX Omni
Injective
Variational OmniAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit AVAXUSDT | −0.435% | −0.0063% | 8h | $88.4M | $171.2M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.390% | −0.0001% | 8h | $20.8M | $175.8M | 50x | as long as short |
| BingX AVAX-USDT | −0.363% | +0.0069% | 8h | — | $106.4M | — | as long as short |
| Binance AVAXUSDT | −0.354% | +0.0013% | 8h | $121.2M | $647.2M | 75x | as long as short |
| Gate AVAX_USDT | −0.345% | −0.0060% | 8h | $12.4M | $50.5M | 75x | as long as short |
| MEXC AVAX_USDT | −0.345% | +0.0012% | 8h | $54.6M | $161.6M | 200x | as long as short |
| Extended AVAX-USD | −0.329% | +0.0104% | 1h | $649K | $2.4M | 25x | as long as short |
| KuCoin AVAXUSDTM | −0.319% | +0.0100% | 8h | $14.2M | $27.4M | 75x | as long as short |
| Aster AVAXUSDT | −0.300% | +0.0027% | 8h | $2.3M | $2.7M | 75x | as long as short |
| Bitget AVAXUSDT | −0.292% | +0.0069% | 8h | $34.8M | $75.3M | 75x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Backpack AVAX_USDC_PERP | −0.238% | +0.0064% | 1h | $323K | $606K | 15x | as long as short |
| Nado AVAX-PERP | −0.220% | +0.0076% | 1h | $309K | $1.4M | 10x | as long as short |
| Reya AVAXRUSDPERP | −0.204% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| HTX AVAX-USDT | −0.152% | +0.0100% | 8h | $358K | $1.4M | 75x | as long as short |
| Hyperliquid AVAX | −0.121% | +0.0131% | 1h | $43.0M | $69.0M | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.121% | +0.0176% | 1h | $850K | $10.7M | 50x | as long as short |
| Aevo AVAX-PERP | −0.117% | +0.0088% | 1h | $256K | — | 3x | as long as short |
| SoDEX AVAX-USD | −0.112% | −0.0189% | 1h | $19K | $75K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.112% | −0.0648% | 1h | $5.3M | $11.9M | 25x | as long as short |
| dYdX AVAX-USD | −0.108% | 0.0000% | 1h | $63K | $172K | 10x | as long as short |
| Phemex AVAXUSDT | −0.103% | +0.0016% | 8h | $29.8M | $4.8M | 50x | as long as short |
| Popdex AVAXUSDTshort | −0.094% | +0.0096% | 1h | $16K | $896K | 50x | |
| Lighter AVAX | −0.067% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Polymarket Perps AVAX-USD | −0.067% | 0.0000% | 1h | $107K | $519K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.067% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | −0.059% | L +0.0403% / S −0.0236% | 1h | $235K | — | 120x | as long as short |
| BloFin AVAX-USDT | −0.058% | +0.0050% | 8h | $5.2M | $11.4M | 100x | as long as short |
| Orderly PERP_AVAX_USDC | −0.022% | +0.0100% | 8h | $196K | $404K | 20x | as long as short |
| Paradex AVAX-USD-PERPlong | 0.000% | +0.0049% | 8h | $13K | $2K | 20x | |
| Kraken Futures PF_AVAXUSD | +0.019% | +0.0242% | 1h | $4.4M | $17.9M | 50x | as long as short |
| SunX AVAX-USDT | +0.039% | +0.0100% | 8h | $12K | $703K | 20x | as long as short |
| Pacifica AVAX | +0.050% | +0.0100% | 1h | $301K | $137K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.059% | +0.0100% | 1h | $140K | $734K | 50x | as long as short |
| Injective AVAX/USDC PERP | +0.292% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| Variational Omni AVAX | +0.427% | −0.0209% | 8h | $3.0M | $3.1M | — | as long as short |