data as of
Settings8H · net · $10k
FundingCostsSizeExchangesMy alerts
Price arb /

AVAX

all AVAX markets
SwapFunding view
Alert
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Spread before costs (cost unknown: a leg has no order-book sample)+0.082%
7d average+0.025%if it closes, per $10,000$8funding while held, a day+$10.12
Long on PhemexShort on GMX
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex AVAXUSDT11.012−0.0087get 0.0087% / 8h6h 55m$29.5M$4.8M50x
ShortGMX AVAX/USD [AVAX-USDC]11.021L +0.0418% / S −0.0250%get 0.0031% / 1h55m 07s$241K—120x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
$8.18
Funding while held
$10.12
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$5.7
Spread needed to break even
0.240%
Slippage unknown: Phemex: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0337%
Per $10,000 a day
+$10.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 5 min ago3.16 bp18.0 bp −$1825.9 bp −$259doesn't fitdoesn't fit
Sell GMX no order-book sample—————
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.
Reya11.009cheapestAster11.011+0.015%
Phemex11.012+0.025%
Extended11.013+0.032%BingX11.013+0.034%BloFin11.013+0.034%HTX11.013+0.035%Bitget11.014+0.043%Bybit11.015+0.052%Nado11.015+0.054%Aevo11.016+0.058%OKX11.016+0.061%Gate11.016+0.061%SoDEX11.016+0.061%Binance11.017+0.070%MEXC11.017+0.070%Popdex11.018+0.079%Polymarket Perps11.018+0.079%Deribit11.018+0.079%Lighter11.018+0.081%KuCoin11.019+0.088%Backpack11.020+0.097%Paradex11.021+0.104%Pacifica11.021+0.106%
GMX11.021+0.107%
gTrade (Gains Network)11.024+0.134%dYdX11.027+0.158%Orderly11.027+0.161%Hyperliquid11.028+0.173%Coinbase International11.029+0.179%Kraken Futures11.029+0.179%Variational Omni11.039+0.270%SunX11.046+0.334%ApeX Omni11.066+0.515%Injective11.170+1.460%

AVAX on 35 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Reya AVAXRUSDPERP−0.025%+0.0243%1h$1K—20xas long as short
Aster AVAXUSDT−0.010%−0.0002%8h$2.3M$2.5M75xas long as short
Phemex AVAXUSDTlong0.000%−0.0087%8h$29.5M$4.8M50x
Extended AVAX-USD+0.008%+0.0104%1h$634K$2.3M25xas long as short
BingX AVAX-USDT+0.009%+0.0065%8h—$100.9M—as long as short
BloFin AVAX-USDT+0.009%+0.0023%8h$5.1M$9.7M100xas long as short
HTX AVAX-USDT+0.010%+0.0100%8h$349K$1.4M75xas long as short
Bitget AVAXUSDT+0.018%+0.0064%8h$34.2M$66.2M75xas long as short
Bybit AVAXUSDT+0.027%−0.0238%8h$87.3M$157.0M75xas long as short
Nado AVAX-PERP+0.030%+0.0021%1h$308K$1.1M10xas long as short
Show all 35 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Aevo AVAX-PERP+0.033%+0.0080%1h$253K—3xas long as short
OKX AVAX-USDT-SWAP+0.036%−0.0027%8h$20.4M$154.5M50xas long as short
Gate AVAX_USDT+0.036%−0.0007%8h$12.2M$41.7M75xas long as short
SoDEX AVAX-USD+0.036%−0.0174%1h$19K$75K10xas long as short
Binance AVAXUSDT+0.045%+0.0006%8h$119.5M$582.6M75xas long as short
MEXC AVAX_USDT+0.045%+0.0006%8h$52.3M$131.8M200xas long as short
Popdex AVAXUSDT+0.054%+0.0096%1h$16K$790K50xas long as short
Polymarket Perps AVAX-USD+0.054%+0.0005%1h$109K$503K10xas long as short
Deribit AVAX_USDC-PERPETUAL+0.054%−0.0385%1h$5.2M$10.5M25xas long as short
Lighter AVAX+0.056%+0.0096%1h$1.3M$3.1M10xas long as short
KuCoin AVAXUSDTM+0.064%+0.0100%8h$14.6M$25.4M75xas long as short
Backpack AVAX_USDC_PERP+0.073%−0.0081%1h$311K$555K15xas long as short
Paradex AVAX-USD-PERP+0.079%+0.0070%8h$13K$1K20xas long as short
Pacifica AVAX+0.082%+0.0100%1h$298K$137K10xas long as short
GMX AVAX/USD [AVAX-USDC]short+0.082%L +0.0418% / S −0.0250%1h$241K—120x
gTrade (Gains Network) AVAX/USD+0.109%L +0.0002% / S −0.0003%1h$12K—150xas long as short
dYdX AVAX-USD+0.133%0.0000%1h$63K$157K10xas long as short
Orderly PERP_AVAX_USDC+0.136%+0.0100%8h$194K$403K20xas long as short
Hyperliquid AVAX+0.148%+0.0100%1h$42.4M$62.1M10xas long as short
Coinbase International AVAX-PERP-INTX+0.154%+0.0064%1h$858K$9.1M50xas long as short
Kraken Futures PF_AVAXUSD+0.155%+0.0247%1h$4.4M$14.9M50xas long as short
Variational Omni AVAX+0.245%−0.0272%8h$2.9M$2.2M—as long as short
SunX AVAX-USDT+0.309%+0.0100%8h$12K$672K20xas long as short
ApeX Omni AVAXUSDT+0.490%+0.0100%1h$138K$705K50xas long as short
Injective AVAX/USDC PERP+1.435%+0.0033%1h$17K$35K12xas long as short