AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.024%

Price spread now: Coinbase International against ApeX Omni+0.018%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$500.504% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.018%, 7d avg +0.031%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	11.110	0.0100	pay 0.0013% / 1h	24m 32s	$179K	$677K	50x
Short	Coinbase International AVAX-PERP-INTX	11.112	0.0288	get 0.0036% / 1h	24m 32s	$903K	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.018%Rate

Funding earned: $39.48
Price spread: +0.018% → +0.031%: −$1.31
Slippage, 4 orders: −$30.39
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$12.21
Costs to cover: 0.504%
Break-even: 9.2 days

Slippage from ApeX Omni: live order book, 44 min ago; Coinbase International: live order book, 4 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 ApeX Omni live order book, 44 min ago	4.46 bp	15.8 bp −$16	115.3 bp −$1,153	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.25 bp	9.0 bp −$9	15.3 bp −$153	doesn't fit	doesn't fit

AVAX on 35 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	11.080	−0.270%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0043%	1h	11.101	−0.077%	$286K	$508K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0020%	1h	11.114	+0.036%	$5.2M	$8.3M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.114	+0.032%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.115	+0.047%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0048%	8h	11.112	+0.018%	$12.1M	$36.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.114	+0.036%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.105	−0.045%	$15K	$593K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.103	−0.059%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.113	+0.031%	$2.3M	$1.4M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.116	+0.052%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.107	−0.026%	$118.4M	$459.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.104	−0.054%	$88.5M	$143.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.105	−0.045%	$19.9M	$123.6M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.107	−0.027%	$48.8M	$82.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.117	+0.063%	$15.5M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.103	−0.063%	$33.4M	$51.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.106	−0.036%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.115	+0.045%	$355K	$535K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.122	+0.105%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.120	+0.094%	$355K	$810K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.110	long leg	$179K	$677K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.112	+0.018%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.120	+0.090%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.137	+0.248%	$12K	$717K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.115	+0.045%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.084	−0.233%	$360K	$938K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.118	+0.072%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.102	−0.071%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.111	+0.009%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.108	−0.020%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.120	+0.090%	$4.3M	$11.9M	50x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0288%	1h	11.112	+0.018%	$903K	$5.9M	50x
Hyperliquid AVAX	+0.0400%	1h	11.129	+0.171%	$43.2M	$45.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.113	+0.031%	$236K	—	120x	as long as short