Funding you earn now, next payment 04:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%
Price spread now: Kraken Futures against Aevo+0.053%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$785as in the Funding arb table
Net, price: spread back to 7d avg − costs−$775as in the Price arb table
costs, in and out, $10k−$7747.737% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.053%, 7d avg +0.068%
=The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.109%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo AVAX-PERP | 11.153 | 0.0104 | pay 0.0013% / 1h | 44m 12s | $256K | — | 3x |
| Short | Kraken Futures PF_AVAXUSD | 11.159 | 0.0211 | get 0.0026% / 1h | 44m 12s | $4.3M | $11.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $22.46
- Price spread: +0.053% → +0.068%
- −$1.45
- Slippage, 4 orders
- −$747.71
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$752.7
- Costs to cover
- 7.737%
- Break-even
- 241.6 days
Slippage from Aevo: live order book, 15 min ago; Kraken Futures: live order book, 5 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, 15 min ago | 181.25 bp | 362.4 bp −$362 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 2.25 bp | 13.3 bp −$13 | 19.7 bp −$197 | 58.1 bp −$5,810 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 11.030 | −1.103% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERP | −0.0020% | 1h | 11.151 | −0.013% | $287K | $373K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.147 | −0.051% | $98K | $97K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 11.153 | 0.000% | $5.2M | $7.9M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.154 | +0.010% | $13K | — | 150x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.154 | +0.012% | $1.2M | $2.9M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.159 | +0.054% | $16K | $580K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.147 | −0.058% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.162 | +0.076% | $2.3M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.151 | −0.018% | $291K | $114K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AVAXUSDT | +0.0100% | 8h | 11.154 | +0.005% | $118.3M | $427.2M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.154 | +0.009% | $88.6M | $137.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.153 | 0.000% | $20.4M | $116.3M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.160 | +0.063% | $12.2M | $34.0M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.152 | −0.009% | $48.0M | $77.5M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.159 | +0.054% | $15.8M | $21.6M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.154 | +0.009% | $33.5M | $48.1M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.153 | 0.000% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.155 | +0.018% | $337K | $520K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.137 | −0.140% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.100 | −0.475% | $354K | $835K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.119 | −0.305% | $179K | $673K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.163 | +0.090% | $131K | $337K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.161 | +0.072% | $196K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.193 | +0.356% | $12K | $704K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.154 | +0.009% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.153 | +0.002% | $367K | $832K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.154 | +0.009% | $29.8M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.151 | −0.017% | $680K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERPlong | +0.0104% | 1h | 11.153 | long leg | $256K | — | 3x | |
| Kraken Futures PF_AVAXUSDshort | +0.0211% | 1h | 11.159 | +0.053% | $4.3M | $11.2M | 50x | |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.147 | −0.054% | $5.1M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 11.154 | +0.009% | $892K | $5.3M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.159 | +0.058% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.155 | +0.022% | $237K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0655% | 1h | 11.173 | +0.179% | $43.5M | $42.3M | 10x | as long as short |
Kraken Futures PF_AVAXUSD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
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
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX