AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.006%

Price spread now: MEXC against BingX0.000%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as 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

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days+0.026%+$3 · spread now 0.000%, 7d avg +0.022%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.022% cheaper against BingX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX AVAX-USDT	11.247	0.0100	pay 0.0100% / 8h	2h 31m	—	$90.3M	—
Short	MEXC AVAX_USDT	11.247	0.0076	get 0.0076% / 8h	2h 31m	$55.2M	$109.3M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$5.04
Price spread: 0.000% → +0.022%: −$2.21
Slippage, 4 orders: −$5.26
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$22.51
Costs to cover: 0.153%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; MEXC: 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 BingX live order book, 2 min ago	0.89 bp	5.9 bp −$6	7.0 bp −$70	13.3 bp −$1,327	28.6 bp −$14.3K
Sell MEXC live order book, 2 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	−0.0155%	8h	11.233	−0.124%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0106%	1h	11.245	−0.013%	$297K	$956K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.245	−0.018%	$5.3M	$9.4M	25x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−1.307%	$17K	$127K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.249	+0.022%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.251	+0.033%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0008%	1h	11.246	−0.009%	$669K	$2.3M	25x	as long as short
Gate AVAX_USDT	+0.0055%	8h	11.245	−0.018%	$12.6M	$39.9M	75x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.249	+0.018%	$911K	$8.2M	50x	as long as short
OKX AVAX-USDT-SWAP	+0.0056%	8h	11.247	0.000%	$20.0M	$147.9M	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	+0.0058%	8h	11.240	−0.062%	$30.2M	$4.8M	50x	as long as short
MEXC AVAX_USDTshort	+0.0076%	8h	11.247	0.000%	$55.2M	$109.3M	200x
Binance AVAXUSDT	+0.0078%	8h	11.246	−0.010%	$120.6M	$537.8M	75x	as long as short
Bybit AVAXUSDT	+0.0081%	8h	11.250	+0.027%	$86.8M	$152.8M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.245	−0.015%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.243	−0.036%	$9K	$701K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.241	−0.051%	$258K	—	3x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.246	−0.012%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.247	−0.001%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.250	+0.027%	$299K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.250	+0.027%	$16.1M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.250	+0.027%	$34.6M	$61.0M	75x	as long as short
BingX AVAX-USDTlong	+0.0100%	8h	11.247	long leg	—	$90.3M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.246	−0.009%	$333K	$562K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.240	−0.067%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.252	+0.044%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.252	+0.044%	$130K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.249	+0.018%	$202K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.271	+0.218%	$12K	$715K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.244	−0.027%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.243	−0.034%	$361K	$1.1M	75x	as long as short
BloFin AVAX-USDT	+0.0195%	8h	11.241	−0.053%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.249	+0.019%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.255	+0.071%	$4.7M	$13.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.249	+0.014%	$243K	—	120x	as long as short
Hyperliquid AVAX	+0.0524%	1h	11.266	+0.169%	$43.6M	$58.4M	10x	as long as short