Funding you earn now, next payment 02:00 UTC+0.0155%/8h= +16.9% APRnext payment +$0.19 per $10,000 · paid last 24h −0.010%
Price spread now: Kraken Futures against ApeX Omni+0.142%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 3 days (all we have)−0.139%−$14 · spread now +0.142%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.121% dearer against ApeX Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.115%, 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 | ApeX Omni AVAXUSDT | 11.106 | 0.0100 | pay 0.0013% / 1h | 4m 35s | $178K | $678K | 50x |
| Short | Kraken Futures PF_AVAXUSD | 11.122 | 0.0255 | get 0.0032% / 1h | 4m 35s | $4.3M | $11.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $32.46
- Price spread: +0.142% → +0.021%
- $12.09
- Slippage, 4 orders
- −$31.84
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$7.29
- Costs to cover
- 0.518%
- Break-even
- 8.6 days
Slippage from ApeX Omni: live order book, 64 min ago; Kraken Futures: 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, 64 min ago | 4.46 bp | 15.8 bp −$16 | 115.3 bp −$1,153 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 3.16 bp | 11.7 bp −$12 | 19.9 bp −$199 | 50.5 bp −$5,047 | 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 | 11.060 | −0.414% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERP | −0.0039% | 1h | 11.116 | +0.086% | $286K | $475K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0020% | 1h | 11.117 | +0.099% | $5.2M | $8.0M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.130 | +0.212% | $102K | $91K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.122 | +0.148% | $13K | — | 150x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.139 | +0.302% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.146 | +0.360% | $16K | $578K | 50x | as long as short |
| Gate AVAX_USDT | +0.0097% | 8h | 11.136 | +0.270% | $12.2M | $36.7M | 75x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.134 | +0.251% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.124 | +0.165% | $2.3M | $1.3M | 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 | 11.141 | +0.318% | $296K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.140 | +0.306% | $118.7M | $445.9M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.141 | +0.315% | $88.5M | $140.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.144 | +0.342% | $20.0M | $121.3M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.139 | +0.297% | $48.7M | $82.8M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.138 | +0.288% | $15.5M | $22.1M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.143 | +0.333% | $33.5M | $49.8M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.145 | +0.351% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.120 | +0.126% | $356K | $502K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.108 | +0.014% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.086 | −0.182% | $354K | $790K | 10x | as long as short |
| ApeX Omni AVAXUSDTlong | +0.0100% | 1h | 11.106 | long leg | $178K | $678K | 50x | |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.125 | +0.171% | $131K | $349K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.125 | +0.171% | $195K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.153 | +0.422% | $12K | $709K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.119 | +0.117% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.118 | +0.113% | $361K | $855K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.116 | +0.090% | $29.7M | $5.6M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.141 | +0.315% | $671K | $1.6M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.114 | +0.072% | $255K | — | 3x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.121 | +0.132% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSDshort | +0.0255% | 1h | 11.122 | +0.142% | $4.3M | $11.7M | 50x | |
| Coinbase International AVAX-PERP-INTX | +0.0288% | 1h | 11.125 | +0.171% | $902K | $5.7M | 50x | as long as short |
| Hyperliquid AVAX | +0.0385% | 1h | 11.140 | +0.306% | $43.3M | $44.8M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.121 | +0.138% | $236K | — | 120x | as long as short |
ApeX Omni AVAXUSDT
Kraken Futures PF_AVAXUSD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Popdex AVAXUSDT
Gate AVAX_USDT
Paradex AVAX-USD-PERP
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
Variational Omni AVAX
GRVT AVAX_USDT_Perp
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]