AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.027%

Price spread now: dYdX against ApeX Omni−0.140%7-day average −0.053% · you buy dearer than you sell

Net, funding: paid 7d − costs−$342as in the Funding arb table

Net, price: spread back to 7d avg − costs−$331as in the Price arb table

costs, in and out, $10k−$3223.219% of the position

Long on ApeX Omni Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.206%−$21 on $10k

Price spread, last 3 days (all we have)−0.201%−$20 · spread now −0.140%, 7d avg −0.053%

Together, before fees−0.407%−$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.087% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.053%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni AVAXUSDT	11.282	0.0100	pay 0.0013% / 1h	29m 22s	$181K	$685K	50x
Short	dYdX AVAX-USD	11.266	0	get 0.0000% / 1h	29m 22s	$99K	$107K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.140%Rate

Funding earned: −$21
Price spread: −0.140% → −0.053%: −$8.65
Slippage, 4 orders: −$301.92
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$351.57
Costs to cover: 3.219%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 54 min ago; dYdX: live order book, 55 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, 54 min ago	5.74 bp	13.4 bp −$13	87.7 bp −$877	doesn't fit	doesn't fit
Sell dYdX live order book, 55 min ago	142.74 bp	147.7 bp −$148	153.7 bp −$1,537	191.3 bp −$19.1K	231.6 bp −$115.8K

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	−0.0570%	1h	11.210	−0.638%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0105%	1h	11.266	−0.142%	$5.3M	$9.2M	25x	as long as short
Nado AVAX-PERP	−0.0024%	1h	11.271	−0.093%	$297K	$895K	10x	as long as short
Variational Omni AVAX	−0.0016%	8h	11.259	−0.203%	$3.0M	$2.4M	—	as long as short
dYdX AVAX-USDshort	0.0000%	1h	11.266	−0.140%	$99K	$107K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.269	−0.116%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.272	−0.090%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.268	−0.124%	$16K	$691K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.262	−0.180%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.268	−0.125%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.267	−0.131%	$299K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.267	−0.132%	$120.6M	$526.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.268	−0.124%	$89.0M	$157.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.269	−0.115%	$20.3M	$146.7M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.271	−0.098%	$12.6M	$40.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.267	−0.133%	$52.2M	$100.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.274	−0.071%	$16.3M	$24.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.269	−0.115%	$34.3M	$60.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.266	−0.142%	—	$89.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.252	−0.266%	$360K	$570K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.257	−0.218%	$360K	$898K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.282	long leg	$181K	$685K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.275	−0.062%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.276	−0.053%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.295	+0.119%	$12K	$731K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.269	−0.115%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.268	−0.129%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.269	−0.115%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.266	−0.138%	$673K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.270	−0.105%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.276	−0.053%	$911K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.266	−0.142%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.271	−0.101%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0404% / S −0.0248%	1h	11.267	−0.134%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0619%	1h	11.289	+0.062%	$43.7M	$57.2M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0627%	1h	11.276	−0.056%	$4.6M	$13.5M	50x	as long as short