AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0293%/8h= −32.1% APRnext payment −$0.37 per $10,000 · paid last 24h −0.186%

Price spread now: Deribit against ApeX Omni+0.311%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1as in the Price arb table

costs, in and out, $10k−$370.375% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.638%−$64 on $10k

Price spread, last 3 days (all we have)−0.553%−$55 · spread now +0.311%, 7d avg −0.053%

Together, before fees−1.191%−$119 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.364% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.311% now, against its 7-day average of −0.053%): +$36 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	11.249	0.0100	pay 0.0013% / 1h	27m 20s	$181K	$684K	50x
Short	Deribit AVAX_USDC-PERPETUAL	11.284	−0.0193	pay 0.0024% / 1h	27m 20s	$5.3M	$9.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.311%Rate

Funding earned: −$61.51
Price spread: +0.311% → −0.053%: $36.44
Slippage, 4 orders: −$20.47
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$62.54
Costs to cover: 0.375%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 61 min ago; Deribit: live order book, 2 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, 61 min ago	4.52 bp	11.9 bp −$12	100.3 bp −$1,003	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	0.89 bp	7.1 bp −$7	19.9 bp −$199	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
Deribit AVAX_USDC-PERPETUALshort	−0.0193%	1h	11.284	+0.311%	$5.3M	$9.4M	25x
Variational Omni AVAX	−0.0142%	8h	11.251	+0.018%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0096%	1h	11.293	+0.396%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	+0.098%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.280	+0.278%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.287	+0.336%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0024%	1h	11.284	+0.313%	$672K	$2.3M	25x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.282	+0.293%	$914K	$8.2M	50x	as long as short
Gate AVAX_USDT	+0.0061%	8h	11.296	+0.418%	$12.7M	$40.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0061%	8h	11.282	+0.293%	$20.1M	$148.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0068%	8h	11.267	+0.160%	$30.2M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0082%	8h	11.295	+0.409%	$55.5M	$109.6M	200x	as long as short
Binance AVAXUSDT	+0.0083%	8h	11.293	+0.392%	$121.1M	$537.3M	75x	as long as short
Bybit AVAXUSDT	+0.0091%	8h	11.288	+0.347%	$88.2M	$154.3M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.279	+0.267%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.292	+0.382%	$9K	$700K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.278	+0.258%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.296	+0.413%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.283	+0.306%	$300K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.299	+0.444%	$16.2M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.286	+0.329%	$34.9M	$61.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.284	+0.311%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.272	+0.204%	$334K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.024%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.249	long leg	$181K	$684K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.299	+0.444%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.292	+0.382%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.321	+0.637%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.284	+0.311%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.262	+0.112%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.286	+0.329%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0200%	8h	11.263	+0.124%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.295	+0.410%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.276	+0.237%	$4.7M	$13.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.295	+0.410%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0568%	1h	11.315	+0.587%	$43.8M	$58.5M	10x	as long as short