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 −0.025%

Price spread now: MEXC against BloFin−0.044%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$210.212% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 3 days (all we have)+0.201%+$20 · spread now −0.044%, 7d avg −0.016%

Together, before fees−0.020%−$2 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 MEXC is 0.029% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.016%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AVAX-USDT	11.258	0.0220	pay 0.0220% / 8h	1h 27m	$5.0M	$8.0M	100x
Short	MEXC AVAX_USDT	11.253	0.0100	get 0.0100% / 8h	1h 27m	$52.2M	$100.1M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$25.2
Price spread: −0.044% → −0.016%: −$2.88
Slippage, 4 orders: −$9.18
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$49.25
Costs to cover: 0.212%
Break-even: never at this rate

Slippage from BloFin: live order book, 7 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 BloFin live order book, 7 min ago	0.89 bp	9.8 bp −$10	11.5 bp −$115	28.5 bp −$2,845	65.7 bp −$32.8K
Sell MEXC live order book, 2 min ago	0.44 bp	0.4 bp $0	3.4 bp −$34	26.9 bp −$2,686	99.7 bp −$49.9K

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
Injective AVAX/USDC PERP	−0.0570%	1h	11.210	−0.426%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0194%	1h	11.254	−0.036%	$5.3M	$9.2M	25x	as long as short
Nado AVAX-PERP	−0.0026%	1h	11.266	+0.071%	$297K	$895K	10x	as long as short
Variational Omni AVAX	−0.0016%	8h	11.259	+0.010%	$3.0M	$2.4M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	11.257	−0.006%	$104K	$112K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.256	−0.018%	$16K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.258	−0.004%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.265	+0.062%	$17K	$691K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.260	+0.019%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.258	+0.004%	$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	11.260	+0.021%	$299K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.256	−0.018%	$120.4M	$526.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.253	−0.044%	$88.9M	$157.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.253	−0.044%	$20.3M	$146.5M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.256	−0.018%	$12.3M	$40.4M	75x	as long as short
MEXC AVAX_USDTshort	+0.0100%	8h	11.253	−0.044%	$52.2M	$100.1M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	11.256	−0.018%	$16.2M	$24.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.250	−0.071%	$34.2M	$60.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.258	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.257	−0.009%	$361K	$570K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.266	+0.069%	$360K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.270	+0.107%	$181K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.268	+0.089%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.265	+0.062%	$203K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.293	+0.306%	$12K	$731K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.256	−0.018%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.261	+0.031%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.254	−0.036%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.249	−0.080%	$673K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.260	+0.019%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.255	−0.027%	$909K	$8.3M	50x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	11.258	long leg	$5.0M	$8.0M	100x
Reya AVAXRUSDPERP	+0.0244%	1h	11.255	−0.026%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0404% / S −0.0249%	1h	11.254	−0.035%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0619%	1h	11.274	+0.142%	$43.6M	$57.2M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0628%	1h	11.263	+0.041%	$4.6M	$13.5M	50x	as long as short