AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against Bybit+0.009%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days−0.002%$0 · spread now +0.009%, 7d avg +0.022%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVAXUSDT	11.106	0.0100	pay 0.0100% / 8h	6h 07m	$88.4M	$141.1M	75x
Short	Gate AVAX_USDT	11.107	0.0070	get 0.0070% / 8h	6h 07m	$12.1M	$36.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.009%Rate

Funding earned: −$6.3
Price spread: +0.009% → +0.022%: −$1.27
Slippage, 4 orders: −$21.49
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.06
Costs to cover: 0.475%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Gate: 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 Bybit live order book, 2 min ago	0.45 bp	7.1 bp −$7	13.7 bp −$137	37.9 bp −$3,787	doesn't fit
Sell Gate live order book, 2 min ago	1.35 bp	17.0 bp −$17	27.2 bp −$272	42.5 bp −$4,247	70.4 bp −$35.2K

AVAX on 35 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	−0.1423%	1h	11.070	−0.324%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0040%	1h	11.108	+0.018%	$286K	$480K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0020%	1h	11.105	−0.009%	$5.2M	$8.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.109	+0.028%	$102K	$91K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.105	−0.009%	$13K	—	150x	as long as short
Gate AVAX_USDTshort	+0.0070%	8h	11.107	+0.009%	$12.1M	$36.7M	75x
Lighter AVAX	+0.0096%	1h	11.107	+0.006%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.102	−0.036%	$16K	$578K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.103	−0.031%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.104	−0.022%	$2.3M	$1.3M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.109	+0.028%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.114	+0.072%	$118.6M	$447.9M	75x	as long as short
Bybit AVAXUSDTlong	+0.0100%	8h	11.106	long leg	$88.4M	$141.1M	75x
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.108	+0.018%	$20.0M	$121.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.108	+0.018%	$48.6M	$82.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.110	+0.036%	$15.5M	$22.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.102	−0.036%	$33.3M	$49.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.106	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.110	+0.036%	$355K	$506K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.107	+0.005%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.086	−0.182%	$354K	$790K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.089	−0.153%	$178K	$678K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.106	0.000%	$130K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.111	+0.045%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.132	+0.231%	$12K	$709K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.107	+0.009%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.105	−0.005%	$361K	$855K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.108	+0.018%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.104	−0.014%	$671K	$1.6M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.099	−0.062%	$255K	—	3x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.103	−0.025%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.111	+0.044%	$4.3M	$11.7M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.109	+0.027%	$901K	$5.7M	50x	as long as short
Hyperliquid AVAX	+0.0385%	1h	11.121	+0.135%	$43.2M	$44.8M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.106	−0.002%	$236K	—	120x	as long as short