Funding you earn now, next payment 07:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.027%
Price spread now: Coinbase International against Aevo+0.089%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$890as in the Funding arb table
Net, price: spread back to 7d avg − costs−$905as in the Price arb table
costs, in and out, $10k−$9059.048% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.089%, 7d avg +0.085%
=The price spread sits at its 7-day average of +0.085%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo AVAX-PERP | 10.711 | 0.0104 | pay 0.0013% / 1h | 0m 43s | $246K | — | 3x |
| Short | Coinbase International AVAX-PERP-INTX | 10.721 | 0.0224 | get 0.0028% / 1h | 0m 43s | $851K | $4.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $25.2
- Price spread: +0.089% → +0.085%
- $0.33
- Slippage, 4 orders
- −$878.84
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$879.31
- Costs to cover
- 9.048%
- Break-even
- 251.3 days
Slippage from Aevo: live order book, 38 min ago; Coinbase International: live order book, 3 min ago.
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 Aevo live order book, 38 min ago | 217.59 bp | 434.2 bp −$434 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 3.27 bp | 12.8 bp −$13 | 19.6 bp −$196 | doesn't fit | doesn't fit |
AVAX on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AVAX-PERP | −0.0214% | 1h | 10.707 | −0.037% | $289K | $326K | 10x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0184% | 1h | 10.713 | +0.014% | $3.8M | $11.5M | 50x | as long as short |
| Variational Omni AVAX | −0.0078% | 8h | 10.706 | −0.051% | $2.9M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.714 | +0.020% | $91K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.714 | +0.023% | $4.8M | $6.7M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.714 | +0.023% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0010% | 8h | 10.713 | +0.014% | $13.3M | $30.9M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.453% | $17K | $151K | 12x | as long as short |
| Paradex AVAX-USD-PERP | +0.0092% | 8h | 10.711 | −0.004% | $12K | $212 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.711 | −0.001% | $1.2M | $2.4M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex AVAXUSDT | +0.0096% | 1h | 10.708 | −0.033% | $25K | $465K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.716 | +0.042% | $36.8M | $40.7M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.713 | +0.016% | $2.2M | $888K | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.718 | +0.062% | $269K | $128K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.714 | +0.023% | $113.3M | $402.4M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.711 | −0.005% | $81.9M | $138.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.712 | +0.005% | $18.8M | $106.9M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.715 | +0.033% | $52.9M | $81.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.711 | −0.005% | $13.8M | $21.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.706 | −0.051% | $32.7M | $46.2M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.706 | −0.051% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.717 | +0.051% | $436K | $545K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.706 | −0.052% | $336K | $1.2M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.713 | +0.014% | $173K | $662K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.712 | +0.005% | $135K | $297K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.718 | +0.061% | $232K | $254K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.732 | +0.195% | $12K | $770K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.709 | −0.023% | $18K | $68K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.709 | −0.028% | $326K | $857K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.714 | +0.023% | $28.6M | $5.7M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.706 | −0.052% | $605K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERPlong | +0.0104% | 1h | 10.711 | long leg | $246K | — | 3x | |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.712 | +0.005% | $4.7M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTXshort | +0.0224% | 1h | 10.721 | +0.089% | $851K | $4.7M | 50x | |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.710 | −0.018% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0443% / S −0.0294% | 1h | 10.713 | +0.017% | $226K | — | 120x | as long as short |
Coinbase International AVAX-PERP-INTX
Kraken Futures PF_AVAXUSD
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]