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 −0.029%

Price spread now: OKX against BloFin−0.131%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.131%, 7d avg −0.038%

Together, before fees−0.033%−$3 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 OKX is 0.092% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AVAX-USDT	10.700	0.0220	pay 0.0220% / 8h	1h 32m	$4.6M	$5.6M	100x
Short	OKX AVAX-USDT-SWAP	10.686	0.0100	get 0.0100% / 8h	1h 32m	$18.7M	$112.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.131%Rate

Funding earned: −$25.2
Price spread: −0.131% → −0.038%: −$9.24
Slippage, 4 orders: −$10.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$66.79
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; OKX: live order book, 1 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, 6 min ago	0.94 bp	8.0 bp −$8	11.2 bp −$112	25.0 bp −$2,504	74.8 bp −$37.4K
Sell OKX live order book, 1 min ago	0.47 bp	7.5 bp −$7	19.0 bp −$190	45.7 bp −$4,567	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
Nado AVAX-PERP	−0.0176%	1h	10.691	−0.084%	$285K	$339K	10x	as long as short
Variational Omni AVAX	−0.0045%	8h	10.676	−0.228%	$2.8M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.700	+0.001%	$89K	$117K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.705	+0.047%	$4.8M	$7.1M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.700	0.000%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0028%	8h	10.699	−0.009%	$12.7M	$32.2M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.561%	$17K	$152K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.691	−0.080%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0092%	8h	10.686	−0.131%	$81.0M	$146.3M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.694	−0.057%	$1.2M	$2.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.689	−0.103%	$23K	$424K	50x	as long as short
SoDEX AVAX-USD	+0.0097%	1h	10.695	−0.047%	$18K	$72K	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.702	+0.019%	$37.3M	$44.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.690	−0.090%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.697	−0.029%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.689	−0.103%	$113.6M	$424.8M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	10.686	−0.131%	$18.7M	$112.1M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.689	−0.103%	$45.2M	$80.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.696	−0.037%	$13.6M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.685	−0.140%	$32.3M	$48.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.689	−0.103%	—	$54.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.700	0.000%	$436K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.701	+0.007%	$340K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.705	+0.047%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.707	+0.065%	$136K	$352K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.710	+0.093%	$230K	$346K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.732	+0.296%	$11K	$765K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.709	+0.086%	$337K	$872K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.702	+0.019%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.684	−0.150%	$609K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.703	+0.028%	$246K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.702	+0.019%	$4.2M	$11.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.694	−0.056%	$930K	$5.0M	50x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	10.700	long leg	$4.6M	$5.6M	100x
Reya AVAXRUSDPERP	+0.0245%	1h	10.697	−0.025%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0295%	1h	10.684	−0.149%	$226K	—	120x	as long as short