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 −0.010%

Price spread now: SunX against BloFin+0.303%7-day average +0.254% · you sell dearer than you buy

Net, funding: paid 7d − costs−$187as in the Funding arb table

Net, price: spread back to 7d avg − costs−$167as in the Price arb table

costs, in and out, $10k−$1721.721% of the position

Long on BloFin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.303%, 7d avg +0.254%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.049% dearer against BloFin than usual: you sell high and buy low (spread +0.303% now, against its 7-day average of +0.254%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AVAX-USDT	11.169	0.0220	pay 0.0220% / 8h	5h 31m	$5.1M	$5.5M	100x
Short	SunX AVAX-USDT	11.203	0.0100	get 0.0100% / 8h	5h 31m	$12K	$701K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.303%Rate

Funding earned: −$25.2
Price spread: +0.303% → +0.254%: $4.86
Slippage, 4 orders: −$152.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$192.4
Costs to cover: 1.721%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 70 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, 2 min ago	0.45 bp	8.6 bp −$9	14.5 bp −$145	26.1 bp −$2,606	67.2 bp −$33.6K
Sell SunX live order book, 70 min ago	41.89 bp	101.4 bp −$101	doesn't fit	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	−0.1374%	1h	11.120	−0.439%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0083%	1h	11.173	+0.040%	$287K	$448K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.174	+0.044%	$103K	$87K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.174	+0.045%	$5.2M	$7.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.171	+0.015%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.179	+0.093%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.176	+0.064%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.177	+0.072%	$15K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.174	+0.047%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.176	+0.058%	$2.3M	$1.2M	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	11.176	+0.061%	$291K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.177	+0.074%	$119.4M	$433.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.175	+0.054%	$88.9M	$138.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.177	+0.072%	$20.1M	$117.9M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.174	+0.045%	$12.2M	$34.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.177	+0.072%	$48.0M	$79.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.181	+0.107%	$15.7M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.175	+0.054%	$33.5M	$48.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.170	+0.009%	—	$81.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.163	−0.054%	$357K	$498K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.138	−0.275%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.164	−0.045%	$358K	$801K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.136	−0.295%	$179K	$677K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.176	+0.063%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.178	+0.081%	$196K	$313K	20x	as long as short
SunX AVAX-USDTshort	+0.0100%	8h	11.203	+0.303%	$12K	$701K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.177	+0.072%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.178	+0.076%	$366K	$870K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.176	+0.063%	$29.9M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.171	+0.016%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.174	+0.048%	$257K	—	3x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	11.169	long leg	$5.1M	$5.5M	100x
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.184	+0.134%	$902K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.171	+0.014%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.171	+0.014%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0486%	1h	11.191	+0.192%	$43.5M	$43.1M	10x	as long as short