Spread before costs (cost unknown: a leg has no order-book sample)+0.201%
7d average—if it closes, per $10,000$20funding while held, a day+$4.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX AVAX-USD | 10.957 | −0.0052 | get 0.0007% / 1h | 22m 44s | $19K | $75K | 10x |
| Short | Hyperliquid AVAX | 10.979 | 0.0100 | get 0.0013% / 1h | 22m 44s | $41.8M | $60.8M | 10x |
SoDEX AVAX-USD
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
- $20.08
- Funding while held
- $4.57
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $7.65
- Spread needed to break even
- 0.170%
Slippage unknown: SoDEX: no order-book sample; Hyperliquid: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0152%
- Per $10,000 a day
- +$4.57
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 12 min ago | 0.45 bp | 5.8 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Aevo10.954cheapestReya10.956+0.016%
Aevo
ReyaSoDEX10.957+0.027%
Deribit10.958+0.037%Phemex10.958+0.037%BloFin10.959+0.046%Bybit10.960+0.055%BingX10.960+0.055%Coinbase International10.960+0.055%Extended10.960+0.057%Popdex10.961+0.064%Gate10.961+0.064%KuCoin10.961+0.064%GMX10.962+0.070%OKX10.962+0.073%Backpack10.962+0.073%Polymarket Perps10.962+0.073%Bitget10.963+0.082%gTrade (Gains Network)10.963+0.085%Paradex10.964+0.089%MEXC10.964+0.091%Binance10.965+0.100%Orderly10.966+0.110%Lighter10.967+0.121%Kraken Futures10.968+0.125%Pacifica10.969+0.137%Aster10.969+0.138%Variational Omni10.970+0.147%dYdX10.972+0.163%Nado10.975+0.192%HTX10.978+0.222%
Deribit
Phemex
BloFin
Bybit
BingX
Coinbase International
Extended
Popdex
Gate
KuCoin
GMX
OKX
Backpack
Polymarket Perps
Bitget
gTrade (Gains Network)
Paradex
MEXC
Binance
Orderly
Lighter
Kraken Futures
Pacifica
Aster
Variational Omni
dYdX
Nado
HTXHyperliquid10.979+0.228%
ApeX Omni10.981+0.246%SunX10.992+0.343%Injective11.170+1.972%
ApeX Omni
SunX
InjectiveAVAX on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo AVAX-PERP | −0.027% | +0.0080% | 1h | $252K | — | 3x | as long as short |
| Reya AVAXRUSDPERP | −0.011% | +0.0243% | 1h | $1K | — | 20x | as long as short |
| SoDEX AVAX-USDlong | 0.000% | −0.0052% | 1h | $19K | $75K | 10x | |
| Deribit AVAX_USDC-PERPETUAL | +0.009% | −0.0388% | 1h | $5.2M | $10.3M | 25x | as long as short |
| Phemex AVAXUSDT | +0.009% | −0.0061% | 8h | $29.3M | $4.8M | 50x | as long as short |
| BloFin AVAX-USDT | +0.018% | +0.0013% | 8h | $5.1M | $9.3M | 100x | as long as short |
| Bybit AVAXUSDT | +0.027% | −0.0264% | 8h | $87.1M | $153.8M | 75x | as long as short |
| BingX AVAX-USDT | +0.027% | +0.0052% | 8h | — | $99.9M | — | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.027% | +0.0064% | 1h | $805K | $8.7M | 50x | as long as short |
| Extended AVAX-USD | +0.030% | +0.0104% | 1h | $629K | $2.3M | 25x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex AVAXUSDT | +0.037% | +0.0096% | 1h | $16K | $754K | 50x | as long as short |
| Gate AVAX_USDT | +0.037% | −0.0136% | 8h | $12.0M | $42.7M | 75x | as long as short |
| KuCoin AVAXUSDTM | +0.037% | +0.0096% | 8h | $14.7M | $25.1M | 75x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | +0.043% | L +0.0416% / S −0.0249% | 1h | $239K | — | 120x | as long as short |
| OKX AVAX-USDT-SWAP | +0.046% | −0.0049% | 8h | $20.0M | $148.8M | 50x | as long as short |
| Backpack AVAX_USDC_PERP | +0.046% | −0.0084% | 1h | $306K | $545K | 15x | as long as short |
| Polymarket Perps AVAX-USD | +0.046% | +0.0065% | 1h | $108K | $502K | 10x | as long as short |
| Bitget AVAXUSDT | +0.055% | +0.0049% | 8h | $34.0M | $63.7M | 75x | as long as short |
| gTrade (Gains Network) AVAX/USD | +0.057% | L +0.0002% / S −0.0003% | 1h | $12K | — | 150x | as long as short |
| Paradex AVAX-USD-PERP | +0.061% | +0.0068% | 8h | $12K | $1K | 20x | as long as short |
| MEXC AVAX_USDT | +0.064% | +0.0003% | 8h | $54.7M | $134.9M | 200x | as long as short |
| Binance AVAXUSDT | +0.073% | +0.0003% | 8h | $118.5M | $565.0M | 75x | as long as short |
| Orderly PERP_AVAX_USDC | +0.082% | +0.0100% | 8h | $193K | $401K | 20x | as long as short |
| Lighter AVAX | +0.093% | +0.0096% | 1h | $1.3M | $3.1M | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.097% | +0.0249% | 1h | $4.4M | $14.3M | 50x | as long as short |
| Pacifica AVAX | +0.110% | +0.0100% | 1h | $296K | $137K | 10x | as long as short |
| Aster AVAXUSDT | +0.111% | −0.0016% | 8h | $2.3M | $2.2M | 75x | as long as short |
| Variational Omni AVAX | +0.120% | −0.0289% | 8h | $2.9M | $2.2M | — | as long as short |
| dYdX AVAX-USD | +0.135% | 0.0000% | 1h | $64K | $139K | 10x | as long as short |
| Nado AVAX-PERP | +0.164% | +0.0031% | 1h | $308K | $1.1M | 10x | as long as short |
| HTX AVAX-USDT | +0.194% | +0.0100% | 8h | $349K | $1.3M | 75x | as long as short |
| Hyperliquid AVAXshort | +0.201% | +0.0100% | 1h | $41.8M | $60.8M | 10x | |
| ApeX Omni AVAXUSDT | +0.219% | +0.0100% | 1h | $137K | $703K | 50x | as long as short |
| SunX AVAX-USDT | +0.316% | +0.0100% | 8h | $12K | $668K | 20x | as long as short |
| Injective AVAX/USDC PERP | +1.944% | +0.0033% | 1h | $17K | $35K | 12x | as long as short |