Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.34 per $10,000 · paid last 24h +0.034%
Price spread now: HTX against Bybit−0.168%53s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as 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−$1191.189% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.168%, 7d avg +0.017%
=Funding pays, the price is against you. HTX is 0.185% cheaper against Bybit than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of +0.017%). If the spread goes back, that is −$19 on $10k: about 18 days of funding at the current rate (+$1 a day). The two prices were read 53 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 | 10.721 | 0.0066 | pay 0.0066% / 8h | 2h 13m | $80.9M | $147.3M | 75x |
| Short | HTX AVAX-USDT | 10.703 | 0.0100 | get 0.0100% / 8h | 2h 13m | $348K | $812K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $7.15
- Price spread: −0.168% → +0.017%
- −$18.54
- Slippage, 4 orders
- −$95.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$130.25
- Costs to cover
- 1.189%
- Break-even
- 134.4 days
Slippage from Bybit: live order book, 6 min ago; HTX: live order book, 40 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, 6 min ago | 0.47 bp | 9.7 bp −$10 | 16.0 bp −$160 | 40.6 bp −$4,058 | doesn't fit |
| Sell HTX live order book, 40 min ago | 24.18 bp | 46.7 bp −$47 | 143.9 bp −$1,439 | 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 | −0.1423% | 1h | 10.760 | +0.364% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0279% | 1h | 10.714 | −0.066% | $4.2M | $11.6M | 50x | as long as short |
| Nado AVAX-PERP | −0.0075% | 1h | 10.725 | +0.033% | $284K | $341K | 10x | as long as short |
| Variational Omni AVAX | −0.0034% | 8h | 10.610 | −1.038% | $2.8M | $2.2M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.719 | −0.022% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.709 | −0.112% | $4.8M | $7.6M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.723 | +0.021% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0025% | 8h | 10.723 | +0.019% | $12.4M | $32.9M | 75x | as long as short |
| Bybit AVAXUSDTlong | +0.0066% | 8h | 10.721 | long leg | $80.9M | $147.3M | 75x | |
| Lighter AVAX | +0.0096% | 1h | 10.715 | −0.060% | $1.2M | $2.6M | 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 | 10.724 | +0.028% | $18K | $434K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0097% | 8h | 10.725 | +0.035% | $12K | $212 | 20x | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.714 | −0.065% | $427K | $586K | 15x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.735 | +0.131% | $37.8M | $44.6M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.725 | +0.039% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.717 | −0.036% | $268K | $131K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.725 | +0.038% | $115.1M | $433.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.720 | −0.009% | $19.0M | $114.0M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.726 | +0.047% | $45.2M | $80.8M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.724 | +0.028% | $13.2M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.724 | +0.028% | $32.4M | $49.4M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.724 | +0.028% | — | $54.3M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.639 | −0.765% | $343K | $988K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.649 | −0.672% | $172K | $662K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.729 | +0.075% | $134K | $354K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.729 | +0.075% | $217K | $338K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.735 | +0.128% | $12K | $762K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.709 | −0.112% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDTshort | +0.0100% | 8h | 10.703 | −0.168% | $348K | $812K | 75x | |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.708 | −0.121% | $28.6M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.721 | +0.001% | $643K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.705 | −0.150% | $246K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.718 | −0.028% | $928K | $5.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.640 | −0.756% | $4.7M | $5.7M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.722 | +0.012% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.725 | +0.041% | $227K | — | 120x | as long as short |
Bybit AVAXUSDT
HTX AVAX-USDT
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Backpack AVAX_USDC_PERP
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]