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

AVAX

all AVAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.024%
Price spread now: Popdex against SoDEX+0.038%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 +$1 a day on $10k at the current rate, and Popdex is 0.038% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX AVAX-USD10.6630.0079pay 0.0010% / 1h55m 57s$18K$72K10x
ShortPopdex AVAXUSDT10.6670.0096get 0.0012% / 1h55m 57s$25K$470K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$3.65
Price spread: +0.038% → 0.000%
$3.75
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$7
Costs to cover
0.144%
Break-even
20.4 days
Slippage unknown: SoDEX: no order-book sample; Popdex: live order book, 48 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 Popdex live order book, 48 min ago3.27 bp10.8 bp −$1120.0 bp −$200doesn'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 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
Kraken Futures PF_AVAXUSD−0.0185%1h10.662−0.008%$3.8M$12.0M50xas long as short
Nado AVAX-PERP−0.0148%1h10.666+0.028%$280K$335K10xas long as short
Variational Omni AVAX−0.0067%8h10.666+0.025%$2.9M$2.2Mas long as short
dYdX AVAX-USD0.0000%1h10.674+0.107%$91K$111K10xas long as short
Deribit AVAX_USDC-PERPETUAL0.0000%1h10.666+0.028%$4.8M$6.9M25xas long as short
gTrade (Gains Network) AVAX/USDL +0.0002% / S −0.0003%1h10.667+0.038%$12K150xas long as short
Gate AVAX_USDT+0.0008%8h10.669+0.056%$12.9M$30.4M75xas long as short
Injective AVAX/USDC PERP+0.0033%1h10.760+0.910%$17K$151K12xas long as short
SoDEX AVAX-USDlong+0.0079%1h10.663long leg$18K$72K10x
Bybit AVAXUSDT+0.0081%8h10.666+0.028%$81.3M$142.8M75xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex AVAX-USD-PERP+0.0083%8h10.665+0.017%$12K$21220xas long as short
Lighter AVAX+0.0096%1h10.663−0.001%$1.2M$2.4M10xas long as short
Popdex AVAXUSDTshort+0.0096%1h10.667+0.038%$25K$470K50x
Hyperliquid AVAX+0.0100%1h10.677+0.131%$37.1M$43.6M10xas long as short
Aster AVAXUSDT+0.0100%8h10.675+0.111%$2.2M$994K75xas long as short
Pacifica AVAX+0.0100%1h10.674+0.104%$268K$129K10xas long as short
Binance AVAXUSDT+0.0100%8h10.670+0.066%$112.8M$417.9M75xas long as short
OKX AVAX-USDT-SWAP+0.0100%8h10.666+0.028%$18.7M$110.5M50xas long as short
MEXC AVAX_USDT+0.0100%8h10.671+0.075%$45.4M$78.8M200xas long as short
KuCoin AVAXUSDTM+0.0100%8h10.667+0.038%$13.6M$22.5M75xas long as short
Bitget AVAXUSDT+0.0100%8h10.669+0.056%$32.3M$48.3M75xas long as short
BingX AVAX-USDT+0.0100%8h10.667+0.038%$54.3Mas long as short
Backpack AVAX_USDC_PERP+0.0100%1h10.671+0.075%$435K$557K15xas long as short
GRVT AVAX_USDT_Perp+0.0100%8h10.669+0.055%$339K$1.1M10xas long as short
ApeX Omni AVAXUSDT+0.0100%1h10.675+0.113%$172K$661K50xas long as short
Polymarket Perps AVAX-USD+0.0100%1h10.667+0.038%$134K$347K10xas long as short
Orderly PERP_AVAX_USDC+0.0100%8h10.671+0.075%$230K$255K20xas long as short
SunX AVAX-USDT+0.0100%8h10.696+0.309%$11K$769K20xas long as short
HTX AVAX-USDT+0.0100%8h10.676+0.126%$325K$879K75xas long as short
Phemex AVAXUSDT+0.0100%8h10.670+0.066%$28.5M$5.8M50xas long as short
Extended AVAX-USD+0.0104%1h10.664+0.014%$609K$1.4M25xas long as short
Aevo AVAX-PERP+0.0104%1h10.665+0.023%$245K3xas long as short
BloFin AVAX-USDT+0.0220%8h10.678+0.141%$4.6M$5.5M100xas long as short
Coinbase International AVAX-PERP-INTX+0.0224%1h10.695+0.300%$850K$5.1M50xas long as short
Reya AVAXRUSDPERP+0.0245%1h10.660−0.031%$1K20xas long as short
GMX AVAX/USD [AVAX-USDC]L +0.0443% / S −0.0294%1h10.666+0.026%$225K120xas long as short