AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0109%/8h= +11.9% APRnext payment +$1.09 per $10,000 · paid last 24h +0.043%

Price spread now: BloFin against Bybit−0.221%112s7-day average +0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as 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−$410.411% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.268%+$27 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.221%, 7d avg +0.059%

Together, before fees+0.284%+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.280% cheaper against Bybit than usual: you would sell low and buy high (spread −0.221% now, against its 7-day average of +0.059%). If the spread goes back, that is −$28 on $10k: about 8.6 days of funding at the current rate (+$3 a day). The two prices were read 112 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	Bybit AVAXUSDT	11.288	0.0091	pay 0.0091% / 8h	2h 27m	$88.2M	$154.3M	75x
Short	BloFin AVAX-USDT	11.263	0.0200	get 0.0200% / 8h	2h 27m	$5.0M	$8.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now −0.221%Rate

Funding earned: $22.9
Price spread: −0.221% → +0.059%: −$28
Slippage, 4 orders: −$18.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$46.25
Costs to cover: 0.411%
Break-even: 21.1 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 6 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 Bybit live order book, 2 min ago	0.44 bp	9.8 bp −$10	21.1 bp −$211	51.2 bp −$5,121	doesn't fit
Sell BloFin live order book, 6 min ago	5.78 bp	11.8 bp −$12	15.3 bp −$153	42.1 bp −$4,210	89.5 bp −$44.7K

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
Deribit AVAX_USDC-PERPETUAL	−0.0193%	1h	11.284	−0.035%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0142%	8h	11.251	−0.328%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0096%	1h	11.293	+0.049%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.248%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.280	−0.069%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.287	−0.011%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0024%	1h	11.284	−0.034%	$672K	$2.3M	25x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.282	−0.053%	$914K	$8.2M	50x	as long as short
Gate AVAX_USDT	+0.0061%	8h	11.296	+0.071%	$12.7M	$40.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0061%	8h	11.282	−0.053%	$20.1M	$148.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0068%	8h	11.267	−0.186%	$30.2M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0082%	8h	11.295	+0.062%	$55.5M	$109.6M	200x	as long as short
Binance AVAXUSDT	+0.0083%	8h	11.293	+0.045%	$121.1M	$537.3M	75x	as long as short
Bybit AVAXUSDTlong	+0.0091%	8h	11.288	long leg	$88.2M	$154.3M	75x
Lighter AVAX	+0.0096%	1h	11.279	−0.080%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.292	+0.035%	$9K	$700K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.278	−0.088%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.296	+0.067%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.283	−0.040%	$300K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.299	+0.097%	$16.2M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.286	−0.018%	$34.9M	$61.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.284	−0.035%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.272	−0.142%	$334K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.369%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.249	−0.345%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.299	+0.097%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.292	+0.035%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.321	+0.290%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.284	−0.035%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.262	−0.234%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.286	−0.018%	$259K	—	3x	as long as short
BloFin AVAX-USDTshort	+0.0200%	8h	11.263	−0.221%	$5.0M	$8.5M	100x
Reya AVAXRUSDPERP	+0.0244%	1h	11.295	+0.063%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.276	−0.109%	$4.7M	$13.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.295	+0.063%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0568%	1h	11.315	+0.239%	$43.8M	$58.5M	10x	as long as short