Settings8H · net · $10k
Funding arb · Price arb /

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.062%
Price spread now: Coinbase International against SoDEX+0.135%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.135% dearer against SoDEX than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD11.1140.0100pay 0.0013% / 1h16m 13s$19K$72K10x
ShortCoinbase International AVAX-PERP-INTX11.1290.0288get 0.0036% / 1h16m 13s$904K$5.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$39.48
Price spread: +0.135% → 0.000%
$13.5
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$34.98
Costs to cover
0.180%
Break-even
0.8 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Coinbase International live order book, 3 min ago3.60 bp11.3 bp −$1116.3 bp −$163doesn't fitdoesn't fit
SoDEX: 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 on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP−0.1423%1h11.040−0.666%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0110%1h11.1140.000%$5.2M$8.2M25xas long as short
Nado AVAX-PERP−0.0045%1h11.112−0.018%$286K$499K10xas long as short
dYdX AVAX-USD0.0000%1h11.117+0.027%$102K$96K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.116+0.022%$13K150xas long as short
Gate AVAX_USDT+0.0075%8h11.116+0.018%$12.1M$36.7M75xas long as short
Lighter AVAX+0.0096%1h11.115+0.007%$1.2M$3.0M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.117+0.027%$15K$582K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.109−0.049%$13K$43420xas long as short
Aster AVAXUSDT+0.0100%8h11.117+0.030%$2.3M$1.4M75xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.117+0.028%$295K$107K10xas long as short
Binance AVAXUSDT+0.0100%8h11.118+0.034%$118.6M$455.1M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.115+0.009%$88.5M$142.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.116+0.018%$20.0M$122.8M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.115+0.009%$48.7M$82.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.120+0.054%$15.5M$22.4M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.112−0.018%$33.4M$50.6M75xas long as short
BingX AVAX-USDT+0.0100%8h11.119+0.045%$83.0Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.103−0.099%$355K$532K15xas long as short
Variational Omni AVAX+0.0100%8h11.095−0.167%$2.9M$2.2Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.097−0.155%$354K$798K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.100−0.126%$178K$678K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.122+0.072%$131K$363K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.122+0.072%$195K$313K20xas long as short
SunX AVAX-USDT+0.0100%8h11.145+0.276%$12K$713K20xas long as short
SoDEX AVAX-USDlong+0.0100%1h11.114long leg$19K$72K10x
HTX AVAX-USDT+0.0100%8h11.108−0.049%$361K$854K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.117+0.027%$29.7M$5.6M50xas long as short
Extended AVAX-USD+0.0104%1h11.111−0.028%$671K$1.7M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.110−0.039%$255K3xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.117+0.023%$1K20xas long as short
Kraken Futures PF_AVAXUSD+0.0255%1h11.119+0.046%$4.3M$11.8M50xas long as short
Coinbase International AVAX-PERP-INTXshort+0.0288%1h11.129+0.135%$904K$5.8M50x
Hyperliquid AVAX+0.0394%1h11.134+0.180%$43.2M$45.6M10xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0295%1h11.118+0.035%$236K120xas long as short