Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG11.240+0.0016pay 0.0002% / 1h29m 24s$551K$1.5M50xLong Coinbase International
SHORT11.216−0.0361pay 0.0045% / 1h29m 24s$104$331K10xShort Phoenix
Price gap−0.214%48s
Funding gap−0.0377% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.110% under its 7d average. Swap the legs.

The two prices were read 48 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$118−0.0377% /8h now · paid −1.175% over the last 7D
Price—spread −0.214%48s now · prices read too far apart to compare
Costs−$610.610% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phoenix price against Coinbase Internationalnow
RANGE STATS · 7D
Now−0.214%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

AVAX on 36 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size13.3 / 18.5 bp
    At $10k entering Phoenix costs 18.5 bp, fee and slippage, 1.4× Coinbase International’s.
  • Note: Margin at max leverage$200 + $1,000
    Coinbase International 50x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$11.30Long Coinbase International: 24 payments, −$0.48; short Phoenix: 24 payments, −$10.82.
  • Watch: Prices read 48 s apart−0.214% vs −0.104%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$104 vs $551K OI
    Phoenix sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCCoinbase International Yes · Phoenix No
    ID and a suitability check; perps are for eligible non-US countries, not for US or UK retail.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0560%/8h × 21 periods−$117.51
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$44.02
Fee Coinbase International bp × 2 orders−$10.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$178.53
price spread not counted: prices read too far apart
Costs to cover0.610%Break-evennever at this rate
Slippage: Coinbase International: live order book, 4 min ago; Phoenix: live order book, 43 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGCoinbase International5.3513.3 bp−$1319.4 bp−$194doesn’t fitdoesn’t fit
SELL · SHORTPhoenix1.8018.5 bp−$1867.3 bp−$673doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

AVAX news

posts that mention AVAX, from every exchangeSearch all news →
09-25 14:03BitgetOther𝗜𝗠𝗣𝗢𝗥𝗧𝗔𝗡𝗧 𝗨𝗣𝗗𝗔𝗧𝗘𝗦: The withdrawal plan will be announced by September 26th, 4:00 AM UTC. We appreciate your patience on this matter. Based on the latest onchain tracing and classification of transactions, assets equivalent to approximately $387.5 million were transferred to attacker-controlled addresses across multiple networks. The revised figure reflects a more complete accounting of transfers that occurred during the incident, adding affected assets on Zcash and TRON that were not included in the initial estimate. It does not reflect further unauthorized transfers. The incident remains contained and no further unauthorized transfers are possible. The incident involved assets across Ethereum and several EVM networks, XRP Ledger, Zcash and TRON. The primary attacker-controlled receiving addresses identified to date are: → EVM: 0x770b10b273fc44fe9197d6bf20f145c2e98463ee → XRP: rwNhefsz1UQEusxhCvHip3RANinWi4CTck → ZEC: t1WgMdtND8NF7NDUuYmq8MpMj1NTCXkMDVG → TRON: TBWNguTTgezw9dVorX441C6nDrZpRxYwKD The confirmed affected assets include XRP, ETH, USDT, ZEC, USDC, USDT0, XAUt, BNB, AVAX and TRX. Our investigation and tracing efforts remain ongoing. The figures above reflect information confirmed at the time of publication and may be updated as additional transactions are classified and traced. The incident remains contained, with no further unauthorized transfers since the incident was contained, and the investigation with Mandiant and SlowMist remains ongoing Withdrawals remain temporarily paused while additional security checks and remediation are underway. Bitget will continue to provide verified updates on the investigation, asset recovery, withdrawal restoration and the User Protection Fund through its official channels. 𝘍𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺. @bitget on X ↗
09-24 20:07OKXProductNew X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,200 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗
09-24 19:59OKXProductNew X Drops Club is live in Europe. Trade $SOL, $ZEC, $NEAR, $ENA, $SUI, $ONDO, $CARDS, $AVAX, $ZAMA or $RENDER for a share of 1,125 $OKB, worth around $150K. Pick your market. Chase the drop. @okx on X ↗
09-22 15:33PhoenixListingNow live on Phoenix: $UNI - 10x leverage $AVAX - 10x leverage $ARB - 10x leverage $LTC - 10x leverage $FIL - 10x leverage @PhoenixTrade on X ↗
09-22 14:58PhoenixListingnew market AVAX ($AVAX) seen by our collector
09-21 15:41BloFinOtherStart your week with BloFin Earn’s Monday Exclusive! Take advantage of high-yield savings on ETH and AVAX with returns up to 55% APR. @BloFin_Official on X ↗