Spread before costs (cost unknown: a leg has no order-book sample)+0.131%
7d average—if it closes, per $10,000$13funding while held, a day−$0.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AVAXRUSDPERP | 11.165 | 0.0243 | pay 0.0030% / 1h | 37m 08s | $1K | — | 20x |
| Short | GMX AVAX/USD [AVAX-USDC] | 11.179 | L +0.0386% / S −0.0220% | get 0.0028% / 1h | 37m 08s | $226K | — | 120x |
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]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
- $13.09
- Funding while held
- −$0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$5.58
- Spread needed to break even
- 0.180%
Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0022%
- Per $10,000 a day
- −$0.67
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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.Pacifica11.152cheapestPopdex11.154+0.016%dYdX11.154+0.021%Paradex11.155+0.021%Bybit11.158+0.052%OKX11.158+0.052%Bitget11.161+0.079%BingX11.162+0.088%Aster11.164+0.110%
Pacifica
Popdex
dYdX
Paradex
Bybit
OKX
Bitget
BingX
AsterReya11.165+0.113%
Gate11.165+0.115%Nado11.165+0.117%Aevo11.166+0.121%ApeX Omni11.166+0.124%Polymarket Perps11.167+0.133%HTX11.168+0.137%Extended11.168+0.141%Binance11.168+0.142%Phemex11.168+0.142%BloFin11.168+0.142%Variational Omni11.168+0.146%MEXC11.170+0.160%Injective11.170+0.160%SoDEX11.170+0.160%KuCoin11.171+0.169%Backpack11.171+0.169%Deribit11.171+0.169%Lighter11.171+0.170%Orderly11.177+0.222%gTrade (Gains Network)11.178+0.227%Kraken Futures11.179+0.236%
Gate
Nado
Aevo
ApeX Omni
Polymarket Perps
HTX
Extended
Binance
Phemex
BloFin
Variational Omni
MEXC
Injective
SoDEX
KuCoin
Backpack
Deribit
Lighter
Orderly
gTrade (Gains Network)
Kraken FuturesGMX11.179+0.244%
Hyperliquid11.183+0.276%Coinbase International11.185+0.294%SunX11.201+0.438%
Hyperliquid
Coinbase International
SunXAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica AVAX | −0.113% | +0.0100% | 1h | $302K | $138K | 10x | as long as short |
| Popdex AVAXUSDT | −0.097% | +0.0096% | 1h | $14K | $928K | 50x | as long as short |
| dYdX AVAX-USD | −0.093% | 0.0000% | 1h | $63K | $175K | 10x | as long as short |
| Paradex AVAX-USD-PERP | −0.093% | +0.0078% | 8h | $13K | $2K | 20x | as long as short |
| Bybit AVAXUSDT | −0.061% | 0.0000% | 8h | $89.4M | $174.5M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | −0.061% | +0.0026% | 8h | $20.8M | $186.6M | 50x | as long as short |
| Bitget AVAXUSDT | −0.034% | +0.0074% | 8h | $35.1M | $80.5M | 75x | as long as short |
| BingX AVAX-USDT | −0.025% | +0.0074% | 8h | — | $108.4M | — | as long as short |
| Aster AVAXUSDT | −0.004% | +0.0047% | 8h | $2.3M | $2.8M | 75x | as long as short |
| Reya AVAXRUSDPERPlong | 0.000% | +0.0243% | 1h | $1K | — | 20x |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate AVAX_USDT | +0.001% | −0.0054% | 8h | $12.5M | $50.0M | 75x | as long as short |
| Nado AVAX-PERP | +0.004% | +0.0100% | 1h | $325K | $1.6M | 10x | as long as short |
| Aevo AVAX-PERP | +0.008% | +0.0088% | 1h | $256K | — | 3x | as long as short |
| ApeX Omni AVAXUSDT | +0.010% | +0.0100% | 1h | $140K | $739K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.019% | +0.0018% | 1h | $113K | $536K | 10x | as long as short |
| HTX AVAX-USDT | +0.024% | +0.0100% | 8h | $357K | $1.5M | 75x | as long as short |
| Extended AVAX-USD | +0.027% | +0.0104% | 1h | $681K | $2.4M | 25x | as long as short |
| Binance AVAXUSDT | +0.028% | +0.0039% | 8h | $122.6M | $673.8M | 75x | as long as short |
| Phemex AVAXUSDT | +0.028% | +0.0041% | 8h | $29.9M | $4.9M | 50x | as long as short |
| BloFin AVAX-USDT | +0.028% | +0.0158% | 8h | $5.3M | $11.7M | 100x | as long as short |
| Variational Omni AVAX | +0.032% | −0.0161% | 8h | $3.0M | $3.3M | — | as long as short |
| MEXC AVAX_USDT | +0.046% | +0.0041% | 8h | $48.5M | $159.4M | 200x | as long as short |
| Injective AVAX/USDC PERP | +0.046% | −0.0022% | 1h | $17K | $79K | 12x | as long as short |
| SoDEX AVAX-USD | +0.046% | −0.0179% | 1h | $19K | $112K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.055% | +0.0100% | 8h | $15.3M | $28.8M | 75x | as long as short |
| Backpack AVAX_USDC_PERP | +0.055% | +0.0100% | 1h | $320K | $635K | 15x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | +0.055% | −0.0466% | 1h | $5.3M | $12.5M | 25x | as long as short |
| Lighter AVAX | +0.057% | +0.0096% | 1h | $1.3M | $3.3M | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.109% | +0.0100% | 8h | $196K | $405K | 20x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.113% | L +0.0002% / S −0.0002% | 1h | $27K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.123% | +0.0241% | 1h | $4.4M | $18.9M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC]short | +0.131% | L +0.0386% / S −0.0220% | 1h | $226K | — | 120x | |
| Hyperliquid AVAX | +0.163% | +0.0273% | 1h | $43.2M | $72.9M | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.181% | +0.0176% | 1h | $849K | $11.5M | 50x | as long as short |
| SunX AVAX-USDT | +0.324% | +0.0100% | 8h | $12K | $754K | 20x | as long as short |