After costs, if the gap returns to its 7d average, $10k−$38
spread now+0.054%7d average−0.075%fees + slippage, in and out−$50spread needed0.504%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex AVAXUSDT | 11.168 | 0.0052 | pay 0.0052% / 8h | 44m 43s | $29.9M | $4.9M | 50x |
| Short | Bybit AVAXUSDT | 11.174 | 0.0012 | get 0.0012% / 8h | 44m 43s | $89.2M | $176.0M | 75x |
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
- $5.37
- Funding while held
- −$1.23
- Slippage, 4 orders
- −$27.43
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.29
- Spread needed to break even
- 0.504%
Slippage from Phemex: live order book, 6 min ago; Bybit: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.23
- 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 Phemex live order book, 6 min ago | 4.92 bp | 17.3 bp −$17 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.45 bp | 9.6 bp −$10 | 16.7 bp −$167 | 40.9 bp −$4,090 | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.AVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.123% | −0.0158% | 8h | $3.0M | $3.3M | — | as long as short |
| Paradex AVAX-USD-PERP | −0.050% | +0.0086% | 8h | $13K | $2K | 20x | as long as short |
| Popdex AVAXUSDT | −0.045% | +0.0096% | 1h | $13K | $941K | 50x | as long as short |
| Nado AVAX-PERP | −0.045% | +0.0100% | 1h | $327K | $1.8M | 10x | as long as short |
| HTX AVAX-USDT | −0.039% | +0.0100% | 8h | $357K | $1.5M | 75x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.018% | +0.0176% | 1h | $842K | $11.6M | 50x | as long as short |
| Aevo AVAX-PERP | −0.015% | +0.0096% | 1h | $256K | — | 3x | as long as short |
| Phemex AVAXUSDTlong | 0.000% | +0.0052% | 8h | $29.9M | $4.9M | 50x | |
| GMX AVAX/USD [AVAX-USDC] | +0.006% | L +0.0386% / S −0.0220% | 1h | $226K | — | 120x | as long as short |
| Reya AVAXRUSDPERP | +0.014% | +0.0243% | 1h | $1K | — | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | +0.018% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| SoDEX AVAX-USD | +0.027% | −0.0084% | 1h | $19K | $113K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.027% | −0.0466% | 1h | $5.3M | $12.6M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.036% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| BloFin AVAX-USDT | +0.036% | +0.0164% | 8h | $5.3M | $11.8M | 100x | as long as short |
| Extended AVAX-USD | +0.039% | +0.0104% | 1h | $691K | $2.4M | 25x | as long as short |
| Backpack AVAX_USDC_PERP | +0.045% | +0.0100% | 1h | $322K | $650K | 15x | as long as short |
| Bybit AVAXUSDTshort | +0.054% | +0.0012% | 8h | $89.2M | $176.0M | 75x | |
| Polymarket Perps AVAX-USD | +0.054% | +0.0068% | 1h | $118K | $533K | 10x | as long as short |
| Gate AVAX_USDT | +0.072% | −0.0053% | 8h | $12.5M | $49.8M | 75x | as long as short |
| Orderly PERP_AVAX_USDC | +0.072% | +0.0100% | 8h | $196K | $405K | 20x | as long as short |
| Aster AVAXUSDT | +0.072% | +0.0053% | 8h | $2.3M | $2.9M | 75x | as long as short |
| KuCoin AVAXUSDTM | +0.081% | +0.0100% | 8h | $15.3M | $29.3M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.090% | +0.0034% | 8h | $20.9M | $190.7M | 50x | as long as short |
| ApeX Omni AVAXUSDT | +0.098% | +0.0100% | 1h | $140K | $739K | 50x | as long as short |
| MEXC AVAX_USDT | +0.116% | +0.0043% | 8h | $48.3M | $159.0M | 200x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.123% | +0.0241% | 1h | $4.4M | $19.5M | 50x | as long as short |
| Binance AVAXUSDT | +0.144% | +0.0044% | 8h | $123.3M | $679.1M | 75x | as long as short |
| BingX AVAX-USDT | +0.152% | +0.0065% | 8h | — | $109.3M | — | as long as short |
| dYdX AVAX-USD | +0.179% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| Pacifica AVAX | +0.239% | +0.0100% | 1h | $303K | $165K | 10x | as long as short |
| SunX AVAX-USDT | +0.253% | +0.0100% | 8h | $12K | $769K | 20x | as long as short |
| Bitget AVAXUSDT | +0.269% | +0.0070% | 8h | $35.1M | $81.4M | 75x | as long as short |
| Lighter AVAX | +0.294% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Hyperliquid AVAX | +0.403% | +0.0292% | 1h | $43.2M | $75.8M | 10x | as long as short |
Phemex AVAXUSDT
Bybit AVAXUSDT
Variational Omni
Paradex
Popdex
HTX
Coinbase International
GMX
Injective
SoDEX
Deribit
gTrade (Gains Network)
BloFin
Extended
Backpack
Polymarket Perps
Gate
Aster
KuCoin
OKX
ApeX Omni
MEXC
Kraken Futures
Binance
BingX
Pacifica
SunX
Bitget
Lighter
Hyperliquid