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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.020%
Price spread now: Lighter against SoDEX+0.015%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD10.852−0.0059get 0.0007% / 1h46m 05s$18K$67K10x
ShortLighter AVAX10.8540.0096get 0.0012% / 1h46m 05s$1.2M$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$32.54
Price spread: +0.015% → 0.000%
$1.47
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$26.02
Costs to cover
0.080%
Break-even
1.4 days
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 4 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 Lighter live order book, 4 min ago3.41 bp3.5 bp −$310.3 bp −$10379.4 bp −$7,940doesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni AVAX−0.0145%8h10.831−0.196%$3.0M$2.1Mas long as short
Gate AVAX_USDT−0.0117%8h10.8520.000%$14.5M$26.7M75xas long as short
SoDEX AVAX-USDlong−0.0059%1h10.852long leg$18K$67K10x
Kraken Futures PF_AVAXUSD−0.0056%1h10.855+0.032%$3.7M$10.9M50xas long as short
Bybit AVAXUSDT−0.0054%8h10.847−0.046%$84.6M$131.3M75xas long as short
Nado AVAX-PERP−0.0019%1h10.854+0.018%$276K$299K10xas long as short
Phemex AVAXUSDT−0.0019%8h10.853+0.009%$28.9M$5.6M50xas long as short
dYdX AVAX-USD0.0000%1h10.853+0.011%$92K$100K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.855+0.028%$5.0M$6.6M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0002%1h10.854+0.022%$23K150xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AVAX/USDC PERP+0.0033%1h10.760−0.848%$17K$151K12xas long as short
OKX AVAX-USDT-SWAP+0.0089%8h10.848−0.037%$19.3M$101.6M50xas long as short
Lighter AVAXshort+0.0096%1h10.854+0.015%$1.2M$1.9M10x
Popdex AVAXUSDT+0.0096%1h10.853+0.009%$23K$438K50xas long as short
Paradex AVAX-USD-PERP+0.0099%8h10.851−0.013%$12K$6220xas long as short
Hyperliquid AVAX+0.0100%1h10.861+0.083%$36.2M$37.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.854+0.019%$2.2M$1.3M75xas long as short
Pacifica AVAX+0.0100%1h10.861+0.082%$273K$105K10xas long as short
Binance AVAXUSDT+0.0100%8h10.851−0.009%$114.1M$372.6M75xas long as short
MEXC AVAX_USDT+0.0100%8h10.853+0.009%$52.4M$69.4M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.8520.000%$14.2M$18.9M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.850−0.018%$33.1M$43.2M75xas long as short
BingX AVAX-USDT+0.0100%8h10.848−0.037%$38.9Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.8520.000%$438K$520K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.840−0.111%$344K$1.5M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.845−0.065%$174K$660K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.854+0.018%$137K$247K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.860+0.074%$235K$208K20xas long as short
SunX AVAX-USDT+0.0100%8h10.883+0.282%$12K$775K20xas long as short
HTX AVAX-USDT+0.0100%8h10.855+0.024%$325K$922K75xas long as short
Extended AVAX-USD+0.0104%1h10.848−0.038%$618K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.851−0.014%$249K3xas long as short
Coinbase International AVAX-PERP-INTX+0.0208%1h10.860+0.074%$860K$5.1M50xas long as short
BloFin AVAX-USDT+0.0220%8h10.845−0.065%$4.8M$5.2M100xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.850−0.020%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0445% / S −0.0296%1h10.857+0.042%$230K120xas long as short