AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.012%

Price spread now: Aevo against Coinbase International−0.086%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,134as in the Price arb table

costs, in and out, $10k−$1,13411.339% of the position

Long on Coinbase International Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.134%−$13 on $10k

Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.086%, 7d avg −0.081%

Together, before fees−0.070%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.134%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVAX-PERP-INTX	11.236	0.0056	pay 0.0007% / 1h	33m 39s	$911K	$8.2M	50x
Short	Aevo AVAX-PERP	11.226	0.0096	get 0.0012% / 1h	33m 39s	$258K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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 Coinbase InternationalbpFee AevobpOrdersPrice spread, now −0.086%Rate

Funding earned: $8.4
Price spread: −0.086% → −0.081%: −$0.5
Slippage, 4 orders: −$1,107.9
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1,126
Costs to cover: 11.339%
Break-even: 945.3 days

Slippage from Coinbase International: live order book, 5 min ago; Aevo: live order book, 55 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 Coinbase International live order book, 5 min ago	2.68 bp	11.6 bp −$12	17.4 bp −$174	doesn't fit	doesn't fit
Sell Aevo live order book, 55 min ago	256.32 bp	547.6 bp −$548	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
Variational Omni AVAX	−0.0155%	8h	11.233	−0.026%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0110%	1h	11.234	−0.018%	$297K	$956K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−1.210%	$17K	$127K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0017%	1h	11.232	−0.036%	$5.3M	$9.4M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.242	+0.053%	$99K	$115K	10x	as long as short
Extended AVAX-USD	0.0000%	1h	11.241	+0.042%	$669K	$2.3M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.234	−0.020%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0051%	8h	11.242	+0.053%	$12.6M	$39.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0055%	8h	11.237	+0.009%	$20.0M	$147.8M	50x	as long as short
Coinbase International AVAX-PERP-INTXlong	+0.0056%	1h	11.236	long leg	$911K	$8.2M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0057%	8h	11.229	−0.062%	$30.1M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0074%	8h	11.234	−0.018%	$53.5M	$109.1M	200x	as long as short
Binance AVAXUSDT	+0.0075%	8h	11.236	+0.003%	$120.6M	$537.7M	75x	as long as short
Bybit AVAXUSDT	+0.0076%	8h	11.241	+0.044%	$86.6M	$152.5M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.235	−0.008%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.237	+0.008%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.234	−0.018%	$9K	$701K	50x	as long as short
Aevo AVAX-PERPshort	+0.0096%	1h	11.226	−0.086%	$258K	—	3x
Aster AVAXUSDT	+0.0100%	8h	11.242	+0.051%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.242	+0.052%	$299K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.245	+0.080%	$16.1M	$24.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.237	+0.009%	$34.5M	$61.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.240	+0.036%	—	$6.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.238	+0.018%	$333K	$560K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.243	+0.064%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.252	+0.142%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.238	+0.018%	$130K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.238	+0.018%	$202K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.264	+0.245%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.227	−0.080%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.226	−0.093%	$360K	$1.1M	75x	as long as short
BloFin AVAX-USDT	+0.0193%	8h	11.234	−0.018%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.234	−0.015%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.239	+0.031%	$4.7M	$13.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.232	−0.032%	$242K	—	120x	as long as short
Hyperliquid AVAX	+0.0501%	1h	11.259	+0.205%	$43.4M	$58.4M	10x	as long as short