AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.030%

Price spread now: GRVT against BloFin−0.061%102s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$50as 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−$310.314% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.061%, 7d avg −0.016%

Together, before fees−0.037%+ Points / potential airdropGRVT: Active · farm board−$4 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 GRVT is 0.045% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.016%). Swap the legs. The two prices were read 102 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	11.268	0.0220	pay 0.0220% / 8h	1h 33m	$5.0M	$8.0M	100x
Short	GRVT AVAX_USDT_Perp	11.261	0.0100	get 0.0100% / 8h	1h 33m	$360K	$898K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$25.2
Price spread: −0.061% → −0.016%: −$4.47
Slippage, 4 orders: −$10.44
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$61.11
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; GRVT: live order book, 50 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, 5 min ago	0.44 bp	6.4 bp −$6	9.4 bp −$94	23.3 bp −$2,326	61.1 bp −$30.5K
Sell GRVT live order book, 50 min ago	0.44 bp	10.1 bp −$10	22.1 bp −$221	doesn't fit	doesn't fit

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	−0.0570%	1h	11.220	−0.426%	$17K	$151K	12x	as long as short
Variational Omni AVAX	−0.0025%	8h	11.253	−0.131%	$3.0M	$2.4M	—	as long as short
Nado AVAX-PERP	−0.0008%	1h	11.281	+0.120%	$298K	$896K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.282	+0.125%	$99K	$107K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.281	+0.115%	$5.4M	$9.2M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.279	+0.098%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.280	+0.106%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.280	+0.106%	$16K	$693K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.275	+0.060%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.279	+0.101%	$2.3M	$1.8M	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	11.283	+0.133%	$300K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.278	+0.089%	$120.6M	$526.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.279	+0.098%	$88.4M	$157.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.280	+0.106%	$20.3M	$146.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.277	+0.080%	$12.6M	$40.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.280	+0.106%	$52.2M	$100.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.285	+0.151%	$16.7M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.281	+0.115%	$34.3M	$60.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.278	+0.089%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.271	+0.027%	$360K	$571K	15x	as long as short
GRVT AVAX_USDT_Perpshort	+0.0100%	8h	11.261	−0.061%	$360K	$898K	10x
ApeX Omni AVAXUSDT	+0.0100%	1h	11.267	−0.009%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.282	+0.124%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.287	+0.169%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.293	+0.226%	$12K	$729K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.279	+0.098%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.278	+0.093%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.267	−0.009%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.280	+0.111%	$673K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.282	+0.126%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.283	+0.133%	$910K	$8.3M	50x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	11.268	long leg	$5.0M	$8.0M	100x
Reya AVAXRUSDPERP	+0.0244%	1h	11.277	+0.080%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0402% / S −0.0246%	1h	11.278	+0.088%	$238K	—	120x	as long as short
Hyperliquid AVAX	+0.0605%	1h	11.298	+0.266%	$43.7M	$57.1M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0627%	1h	11.286	+0.163%	$4.6M	$13.5M	50x	as long as short