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 −0.040%

Price spread now: Gate against BloFin−0.180%78s7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as 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−$490.486% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.271%−$27 on $10k

Price spread, last 4 days (all we have)+0.651%+$65 · spread now −0.180%, 7d avg −0.028%

Together, before fees+0.380%+$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.152% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.028%). Swap the legs. The two prices were read 78 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	BloFin AVAX-USDT	11.125	0.0220	pay 0.0220% / 8h	4h 51m	$5.1M	$5.4M	100x
Short	Gate AVAX_USDT	11.105	0.0100	get 0.0100% / 8h	4h 51m	$12.1M	$33.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.180%Rate

Funding earned: −$25.2
Price spread: −0.180% → −0.028%: −$15.22
Slippage, 4 orders: −$21.56
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$88.97
Costs to cover: 0.486%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 min ago; Gate: 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 BloFin live order book, 7 min ago	2.24 bp	10.7 bp −$11	14.4 bp −$144	37.5 bp −$3,751	doesn't fit
Sell Gate live order book, 2 min ago	1.35 bp	15.8 bp −$16	23.7 bp −$237	43.4 bp −$4,342	73.2 bp −$36.6K

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	−0.1423%	1h	11.090	−0.315%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0200%	1h	11.103	−0.198%	$5.2M	$7.9M	25x	as long as short
ApeX Omni AVAXUSDT	−0.0082%	1h	11.122	−0.027%	$179K	$673K	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.118	−0.063%	$97K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.107	−0.161%	$13K	—	150x	as long as short
Nado AVAX-PERP	+0.0007%	1h	11.103	−0.193%	$286K	$395K	10x	as long as short
Lighter AVAX	+0.0096%	1h	11.107	−0.162%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.109	−0.144%	$16K	$583K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.113	−0.108%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.112	−0.119%	$2.3M	$1.1M	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	11.119	−0.055%	$290K	$114K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.106	−0.171%	$118.2M	$427.8M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.103	−0.198%	$88.4M	$137.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.105	−0.180%	$20.3M	$116.1M	50x	as long as short
Gate AVAX_USDTshort	+0.0100%	8h	11.105	−0.180%	$12.1M	$33.9M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.109	−0.144%	$48.4M	$77.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.111	−0.126%	$15.8M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.103	−0.198%	$33.3M	$48.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.106	−0.171%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.107	−0.162%	$336K	$524K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.148	+0.204%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.117	−0.068%	$355K	$835K	10x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.112	−0.117%	$130K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.113	−0.108%	$195K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.142	+0.156%	$12K	$703K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.107	−0.162%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.107	−0.157%	$365K	$829K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.109	−0.144%	$29.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.101	−0.220%	$680K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.103	−0.198%	$255K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0212%	1h	11.109	−0.141%	$4.3M	$11.3M	50x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	11.125	long leg	$5.1M	$5.4M	100x
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.140	+0.135%	$893K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.108	−0.151%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.107	−0.162%	$236K	—	120x	as long as short
Hyperliquid AVAX	+0.0716%	1h	11.123	−0.018%	$43.4M	$42.2M	10x	as long as short