AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0216%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h −0.055%

Price spread now: dYdX against Coinbase International−0.029%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$256as in the Funding arb table

Net, price: spread back to 7d avg − costs−$223as in the Price arb table

costs, in and out, $10k−$2202.204% of the position

Long on Coinbase International Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.353%−$35 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and dYdX is 0.029% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVAX-PERP-INTX	10.594	0.0216	pay 0.0027% / 1h	17m 13s	$936K	$5.0M	50x
Short	dYdX AVAX-USD	10.591	0	get 0.0000% / 1h	17m 13s	$88K	$117K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$45.36
Price spread: −0.029% → 0.000%: −$2.94
Slippage, 4 orders: −$200.37
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$268.67
Costs to cover: 2.204%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; dYdX: live order book, 32 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, 2 min ago	3.30 bp	13.2 bp −$13	19.3 bp −$193	doesn't fit	doesn't fit
Sell dYdX live order book, 32 min ago	92.37 bp	97.4 bp −$97	97.4 bp −$974	182.1 bp −$18.2K	548.2 bp −$274.1K

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	+1.567%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0282%	1h	10.591	−0.031%	$4.2M	$11.5M	50x	as long as short
Nado AVAX-PERP	−0.0054%	1h	10.592	−0.014%	$284K	$342K	10x	as long as short
Variational Omni AVAX	−0.0027%	8h	10.535	−0.560%	$2.7M	$2.2M	—	as long as short
dYdX AVAX-USDshort	0.0000%	1h	10.591	−0.029%	$88K	$117K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.587	−0.066%	$4.7M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.587	−0.062%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0014%	8h	10.586	−0.076%	$12.3M	$32.8M	75x	as long as short
Bybit AVAXUSDT	+0.0061%	8h	10.577	−0.160%	$78.0M	$145.2M	75x	as long as short
Backpack AVAX_USDC_PERP	+0.0065%	1h	10.582	−0.113%	$419K	$588K	15x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.585	−0.082%	$1.2M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.590	−0.038%	$18K	$437K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0097%	8h	10.590	−0.040%	$12K	$212	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.584	−0.094%	$37.6M	$44.3M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.591	−0.025%	$2.1M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.594	−0.005%	$265K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.585	−0.085%	$113.5M	$432.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.578	−0.151%	$18.7M	$112.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.582	−0.113%	$43.9M	$80.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.583	−0.104%	$13.2M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.576	−0.170%	$32.0M	$49.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.580	−0.132%	—	$54.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.614	+0.193%	$342K	$988K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.612	+0.170%	$171K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.587	−0.066%	$132K	$354K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.594	0.000%	$215K	$338K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.618	+0.224%	$11K	$761K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.587	−0.066%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.591	−0.025%	$344K	$804K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.587	−0.066%	$28.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.582	−0.114%	$636K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.584	−0.090%	$243K	—	3x	as long as short
Coinbase International AVAX-PERP-INTXlong	+0.0216%	1h	10.594	long leg	$936K	$5.0M	50x
BloFin AVAX-USDT	+0.0220%	8h	10.584	−0.094%	$4.7M	$5.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.583	−0.107%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0271%	1h	10.585	−0.090%	$232K	—	120x	as long as short