AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.026%

Price spread now: BloFin against Binance−0.075%91s7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.322% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.075%, 7d avg +0.007%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.082% cheaper against Binance than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.007%). If the spread goes back, that is −$8 on $10k: about 2.3 days of funding at the current rate (+$4 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	10.710	0.0100	pay 0.0100% / 8h	41m 41s	$113.4M	$413.4M	75x
Short	BloFin AVAX-USDT	10.702	0.0220	get 0.0220% / 8h	41m 41s	$4.6M	$5.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.075%Rate

Funding earned: $25.2
Price spread: −0.075% → +0.007%: −$8.19
Slippage, 4 orders: −$10.15
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$15.14
Costs to cover: 0.322%
Break-even: 11.2 days

Slippage from Binance: live order book, 2 min ago; BloFin: 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 Binance live order book, 2 min ago	0.47 bp	6.8 bp −$7	12.7 bp −$127	39.7 bp −$3,970	145.2 bp −$72.6K
Sell BloFin live order book, 2 min ago	2.80 bp	8.8 bp −$9	12.4 bp −$124	35.6 bp −$3,558	79.1 bp −$39.5K

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
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.711	+0.008%	$3.8M	$11.7M	50x	as long as short
Nado AVAX-PERP	−0.0112%	1h	10.705	−0.047%	$281K	$332K	10x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.705	−0.043%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.713	+0.027%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.711	+0.009%	$4.8M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.712	+0.021%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0008%	8h	10.711	+0.009%	$13.0M	$30.6M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.467%	$17K	$151K	12x	as long as short
Bybit AVAXUSDT	+0.0086%	8h	10.710	0.000%	$81.7M	$141.5M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.706	−0.033%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.711	+0.011%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.710	0.000%	$25K	$472K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.724	+0.131%	$36.8M	$43.4M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.709	−0.013%	$2.2M	$913K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.710	0.000%	$269K	$129K	10x	as long as short
Binance AVAXUSDTlong	+0.0100%	8h	10.710	long leg	$113.4M	$413.4M	75x
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.711	+0.009%	$18.8M	$109.6M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.712	+0.019%	$46.2M	$79.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.712	+0.019%	$13.7M	$22.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.712	+0.019%	$32.5M	$47.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.711	+0.009%	—	$54.1M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.713	+0.028%	$437K	$554K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.702	−0.074%	$343K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.705	−0.047%	$173K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.713	+0.028%	$135K	$331K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.717	+0.065%	$232K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.731	+0.196%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.709	−0.009%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.710	−0.005%	$326K	$873K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.709	−0.009%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.708	−0.017%	$608K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.655	−0.513%	$245K	—	3x	as long as short
BloFin AVAX-USDTshort	+0.0220%	8h	10.702	−0.075%	$4.6M	$5.5M	100x
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.712	+0.019%	$853K	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.708	−0.022%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.712	+0.023%	$226K	—	120x	as long as short