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+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.026%
Price spread now: Kraken Futures against SoDEX+0.033%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 +$3 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD11.1120.0100pay 0.0013% / 1h47m 38s$18K$72K10x
ShortKraken Futures PF_AVAXUSD11.1160.0216get 0.0027% / 1h47m 38s$4.3M$13.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$24.45
Price spread: +0.033% → 0.000%
$3.28
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$9.73
Costs to cover
0.180%
Break-even
4.2 days
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago0.45 bp11.6 bp −$1217.4 bp −$17445.0 bp −$4,500doesn'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 36 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−0.1363%1h11.100−0.108%$17K$151K12xas long as short
Deribit AVAX_USDC-PERPETUAL−0.0290%1h11.111−0.009%$5.3M$8.8M25xas long as short
dYdX AVAX-USD0.0000%1h11.127+0.132%$102K$105K10xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h11.118+0.054%$13K150xas long as short
Nado AVAX-PERP+0.0005%1h11.122+0.090%$292K$860K10xas long as short
Gate AVAX_USDT+0.0013%8h11.128+0.144%$12.2M$38.0M75xas long as short
Lighter AVAX+0.0096%1h11.127+0.135%$1.2M$3.1M10xas long as short
Popdex AVAXUSDT+0.0096%1h11.122+0.090%$18K$645K50xas long as short
Paradex AVAX-USD-PERP+0.0100%8h11.126+0.129%$13K$76620xas long as short
Aster AVAXUSDT+0.0100%8h11.119+0.063%$2.3M$1.7M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica AVAX+0.0100%1h11.131+0.167%$296K$117K10xas long as short
Binance AVAXUSDT+0.0100%8h11.128+0.144%$118.9M$502.5M75xas long as short
Bybit AVAXUSDT+0.0100%8h11.128+0.144%$88.5M$152.6M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h11.126+0.126%$20.0M$138.5M50xas long as short
MEXC AVAX_USDT+0.0100%8h11.128+0.144%$48.4M$88.1M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h11.129+0.153%$15.4M$23.7M75xas long as short
Bitget AVAXUSDT+0.0100%8h11.129+0.153%$33.7M$56.7M75xas long as short
BingX AVAX-USDC+0.0100%8h11.129+0.153%$6.5Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h11.114+0.018%$355K$565K15xas long as short
Variational Omni AVAX+0.0100%8h11.152+0.358%$3.0M$2.3Mas long as short
GRVT AVAX_USDT_Perp+0.0100%8h11.192+0.721%$361K$863K10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h11.156+0.396%$179K$689K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h11.124+0.108%$131K$440K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h11.124+0.108%$195K$310K20xas long as short
SunX AVAX-USDT+0.0100%8h11.147+0.311%$12K$734K20xas long as short
SoDEX AVAX-USDlong+0.0100%1h11.112long leg$18K$72K10x
HTX AVAX-USDT+0.0100%8h11.117+0.049%$359K$977K75xas long as short
Phemex AVAXUSDT+0.0100%8h11.113+0.009%$29.9M$4.9M50xas long as short
Extended AVAX-USD+0.0104%1h11.127+0.132%$662K$2.1M25xas long as short
Aevo AVAX-PERP+0.0104%1h11.110−0.018%$255K3xas long as short
Kraken Futures PF_AVAXUSDshort+0.0216%1h11.116+0.033%$4.3M$13.0M50x
BloFin AVAX-USDT+0.0220%8h11.121+0.081%$5.0M$6.7M100xas long as short
Reya AVAXRUSDPERP+0.0244%1h11.120+0.071%$1K20xas long as short
Coinbase International AVAX-PERP-INTX+0.0304%1h11.120+0.072%$902K$7.3M50xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0436% / S −0.0260%1h11.116+0.034%$248K120xas long as short
Hyperliquid AVAX+0.0659%1h11.142+0.270%$43.5M$53.7M10xas long as short