Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.011%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$150.153% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.011%, 7d avg +0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AVAXUSDT | 11.267 | 0.0080 | pay 0.0080% / 8h | 2h 29m | $120.8M | $538.0M | 75x |
| Short | MEXC AVAX_USDT | 11.266 | 0.0077 | get 0.0077% / 8h | 2h 29m | $55.1M | $109.5M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Binance. 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
- −$0.61
- Price spread: −0.011% → +0.001%
- −$1.18
- Slippage, 4 orders
- −$5.33
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$17.13
- Costs to cover
- 0.153%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 5 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, 15 min ago | 0.45 bp | 6.1 bp −$6 | 10.5 bp −$105 | 34.7 bp −$3,472 | 121.5 bp −$60.7K |
| Sell MEXC live order book, 5 min ago | 1.34 bp | 2.1 bp −$2 | 4.8 bp −$48 | 26.2 bp −$2,617 | 97.8 bp −$48.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AVAX | −0.0142% | 8h | 11.251 | −0.144% | $2.9M | $2.1M | — | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0105% | 1h | 11.276 | +0.078% | $5.3M | $9.4M | 25x | as long as short |
| Nado AVAX-PERP | −0.0100% | 1h | 11.274 | +0.058% | $298K | $960K | 10x | as long as short |
| Injective AVAX/USDC PERP | −0.0043% | 1h | 11.100 | −1.484% | $17K | $127K | 12x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.278 | +0.094% | $99K | $115K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.278 | +0.094% | $13K | — | 150x | as long as short |
| Extended AVAX-USD | +0.0024% | 1h | 11.276 | +0.075% | $672K | $2.3M | 25x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0056% | 1h | 11.282 | +0.131% | $914K | $8.2M | 50x | as long as short |
| Gate AVAX_USDT | +0.0058% | 8h | 11.269 | +0.016% | $12.6M | $40.0M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0059% | 8h | 11.267 | −0.002% | $20.1M | $148.3M | 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 | +0.0065% | 8h | 11.265 | −0.020% | $30.2M | $4.8M | 50x | as long as short |
| MEXC AVAX_USDTshort | +0.0077% | 8h | 11.266 | −0.011% | $55.1M | $109.5M | 200x | |
| Binance AVAXUSDTlong | +0.0080% | 8h | 11.267 | long leg | $120.8M | $538.0M | 75x | |
| Bybit AVAXUSDT | +0.0086% | 8h | 11.269 | +0.016% | $88.1M | $153.8M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.268 | +0.006% | $1.2M | $3.1M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.272 | +0.042% | $9K | $700K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 11.271 | +0.030% | $13K | $766 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.275 | +0.069% | $2.3M | $1.9M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.275 | +0.069% | $300K | $122K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.280 | +0.113% | $16.1M | $24.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.269 | +0.016% | $34.7M | $61.0M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.269 | +0.016% | — | $6.6M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.267 | −0.002% | $334K | $563K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.246 | −0.186% | $356K | $910K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.249 | −0.162% | $181K | $684K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.274 | +0.060% | $131K | $483K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.284 | +0.149% | $203K | $302K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.300 | +0.287% | $12K | $716K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.272 | +0.042% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.270 | +0.020% | $362K | $1.1M | 75x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.274 | +0.056% | $259K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0200% | 8h | 11.263 | −0.038% | $5.0M | $8.5M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.269 | +0.016% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0255% | 1h | 11.281 | +0.121% | $4.7M | $13.7M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0405% / S −0.0245% | 1h | 11.276 | +0.074% | $243K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0551% | 1h | 11.287 | +0.175% | $43.7M | $58.5M | 10x | as long as short |
Binance AVAXUSDT
MEXC AVAX_USDT
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
Injective AVAX/USDC PERP
gTrade (Gains Network) AVAX/USD
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
Gate AVAX_USDT
OKX AVAX-USDT-SWAP
Phemex AVAXUSDT
Bybit AVAXUSDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
BloFin AVAX-USDT
Kraken Futures PF_AVAXUSD
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX