After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.116%7d average+0.032%fees + slippage, in and out−$24spread needed0.237%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex AVAXUSDT | 11.201 | 0.0096 | pay 0.0012% / 1h | 8m 34s | $16K | $908K | 50x |
| Short | Hyperliquid AVAX | 11.214 | 0.0153 | get 0.0019% / 1h | 8m 34s | $43.3M | $68.9M | 10x |
Popdex AVAXUSDT
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
- $11.61
- Funding while held
- $1.72
- Slippage, 4 orders
- −$8.33
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$10.4
- Spread needed to break even
- 0.237%
Slippage from Popdex: live order book, 7 min ago; Hyperliquid: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0057%
- Per $10,000 a day
- +$1.72
- 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 Popdex live order book, 7 min ago | 1.79 bp | 7.4 bp −$7 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 6 min ago | 0.45 bp | 4.9 bp −$5 | 7.3 bp −$73 | doesn't fit | doesn't fit |
AVAX price on every exchange
against the cheapest. Click to use as the short leg.Injective11.170cheapestHTX11.186+0.142%Variational Omni11.187+0.152%Reya11.188+0.162%Aevo11.189+0.170%Bybit11.190+0.179%SoDEX11.190+0.179%Phemex11.190+0.179%BloFin11.190+0.179%Deribit11.191+0.188%Bitget11.192+0.197%Backpack11.192+0.197%Nado11.193+0.206%OKX11.193+0.206%Gate11.195+0.224%Aster11.197+0.241%ApeX Omni11.197+0.242%Lighter11.197+0.244%Extended11.198+0.248%BingX11.198+0.251%Orderly11.198+0.251%Coinbase International11.198+0.251%KuCoin11.199+0.260%GMX11.199+0.261%gTrade (Gains Network)11.200+0.264%Pacifica11.200+0.265%dYdX11.200+0.269%Paradex11.200+0.271%Binance11.201+0.278%
Injective
HTX
Variational Omni
Reya
Aevo
Bybit
SoDEX
Phemex
BloFin
Deribit
Bitget
Backpack
Nado
OKX
Gate
Aster
ApeX Omni
Lighter
Extended
BingX
Orderly
Coinbase International
KuCoin
GMX
gTrade (Gains Network)
Pacifica
dYdX
Paradex
BinancePopdex11.201+0.278%
Kraken Futures11.202+0.283%Polymarket Perps11.204+0.304%MEXC11.205+0.313%
Kraken Futures
Polymarket Perps
MEXCHyperliquid11.214+0.394%
SunX11.223+0.476%
SunXAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.277% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| HTX AVAX-USDT | −0.135% | +0.0100% | 8h | $360K | $1.4M | 75x | as long as short |
| Variational Omni AVAX | −0.125% | −0.0204% | 8h | $3.0M | $3.1M | — | as long as short |
| Reya AVAXRUSDPERP | −0.116% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| Aevo AVAX-PERP | −0.107% | +0.0088% | 1h | $257K | — | 3x | as long as short |
| Bybit AVAXUSDT | −0.098% | −0.0046% | 8h | $88.0M | $170.2M | 75x | as long as short |
| SoDEX AVAX-USD | −0.098% | −0.0176% | 1h | $19K | $76K | 10x | as long as short |
| Phemex AVAXUSDT | −0.098% | +0.0025% | 8h | $30.0M | $4.8M | 50x | as long as short |
| BloFin AVAX-USDT | −0.098% | +0.0075% | 8h | $5.3M | $11.6M | 100x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.089% | −0.0464% | 1h | $5.3M | $12.0M | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget AVAXUSDT | −0.080% | +0.0067% | 8h | $35.0M | $76.3M | 75x | as long as short |
| Backpack AVAX_USDC_PERP | −0.080% | +0.0078% | 1h | $321K | $611K | 15x | as long as short |
| Nado AVAX-PERP | −0.071% | +0.0075% | 1h | $316K | $1.4M | 10x | as long as short |
| OKX AVAX-USDT-SWAP | −0.071% | +0.0002% | 8h | $20.9M | $179.5M | 50x | as long as short |
| Gate AVAX_USDT | −0.054% | −0.0067% | 8h | $12.5M | $50.3M | 75x | as long as short |
| Aster AVAXUSDT | −0.037% | +0.0034% | 8h | $2.3M | $2.7M | 75x | as long as short |
| ApeX Omni AVAXUSDT | −0.036% | +0.0100% | 1h | $140K | $737K | 50x | as long as short |
| Lighter AVAX | −0.034% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Extended AVAX-USD | −0.029% | +0.0104% | 1h | $661K | $2.4M | 25x | as long as short |
| BingX AVAX-USDT | −0.027% | +0.0066% | 8h | — | $106.6M | — | as long as short |
| Orderly PERP_AVAX_USDC | −0.027% | +0.0100% | 8h | $197K | $404K | 20x | as long as short |
| Coinbase International AVAX-PERP-INTX | −0.027% | +0.0176% | 1h | $854K | $10.9M | 50x | as long as short |
| KuCoin AVAXUSDTM | −0.018% | +0.0100% | 8h | $15.4M | $27.5M | 75x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | −0.016% | L +0.0403% / S −0.0236% | 1h | $236K | — | 120x | as long as short |
| gTrade (Gains Network) AVAX/USD | −0.013% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| Pacifica AVAX | −0.013% | +0.0100% | 1h | $302K | $137K | 10x | as long as short |
| dYdX AVAX-USD | −0.009% | 0.0000% | 1h | $64K | $175K | 10x | as long as short |
| Paradex AVAX-USD-PERP | −0.007% | +0.0054% | 8h | $13K | $2K | 20x | as long as short |
| Binance AVAXUSDT | 0.000% | +0.0019% | 8h | $122.3M | $652.3M | 75x | as long as short |
| Popdex AVAXUSDTlong | 0.000% | +0.0096% | 1h | $16K | $908K | 50x | |
| Kraken Futures PF_AVAXUSD | +0.006% | +0.0241% | 1h | $4.5M | $18.3M | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.027% | +0.0017% | 1h | $111K | $513K | 10x | as long as short |
| MEXC AVAX_USDT | +0.036% | +0.0018% | 8h | $55.5M | $161.4M | 200x | as long as short |
| Hyperliquid AVAXshort | +0.116% | +0.0153% | 1h | $43.3M | $68.9M | 10x | |
| SunX AVAX-USDT | +0.198% | +0.0100% | 8h | $12K | $714K | 20x | as long as short |