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 −0.013%

Price spread now: Popdex against Coinbase International−0.018%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Coinbase International Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.085%−$8 on $10k

Price spread, last 3 days (all we have)+0.271%+$27 · spread now −0.018%, 7d avg −0.045%

Together, before fees+0.187%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.027% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 3 days funding on this pair cost −0.085%, 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	11.294	0.0056	pay 0.0007% / 1h	26m 49s	$915K	$8.2M	50x
Short	Popdex AVAXUSDT	11.292	0.0096	get 0.0012% / 1h	26m 49s	$9K	$700K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.018%Rate

Funding earned: $8.4
Price spread: −0.018% → −0.045%: $2.71
Slippage, 4 orders: −$23.51
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$28.81
Costs to cover: 0.399%
Break-even: 31.0 days

Slippage from Coinbase International: live order book, 2 min ago; Popdex: live order book, 62 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	3.10 bp	12.3 bp −$12	17.7 bp −$177	doesn't fit	doesn't fit
Sell Popdex live order book, 62 min ago	1.81 bp	7.9 bp −$8	21.5 bp −$215	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
Deribit AVAX_USDC-PERPETUAL	−0.0193%	1h	11.284	−0.089%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0142%	8h	11.251	−0.381%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0096%	1h	11.293	−0.004%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.301%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.280	−0.122%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.287	−0.064%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0024%	1h	11.283	−0.100%	$672K	$2.3M	25x	as long as short
Coinbase International AVAX-PERP-INTXlong	+0.0056%	1h	11.294	long leg	$915K	$8.2M	50x
Gate AVAX_USDT	+0.0061%	8h	11.286	−0.071%	$12.6M	$40.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0061%	8h	11.284	−0.089%	$20.1M	$148.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0065%	8h	11.284	−0.089%	$30.3M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0082%	8h	11.285	−0.080%	$55.5M	$109.6M	200x	as long as short
Binance AVAXUSDT	+0.0083%	8h	11.284	−0.089%	$121.0M	$537.4M	75x	as long as short
Bybit AVAXUSDT	+0.0091%	8h	11.288	−0.053%	$88.8M	$154.2M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.286	−0.070%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	11.292	−0.018%	$9K	$700K	50x
Paradex AVAX-USD-PERP	+0.0096%	8h	11.278	−0.141%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.290	−0.038%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.283	−0.093%	$300K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.288	−0.053%	$16.2M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.288	−0.053%	$34.9M	$61.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.285	−0.080%	—	$90.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.289	−0.044%	$335K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.422%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.249	−0.398%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.299	+0.044%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.292	−0.018%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.321	+0.236%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.284	−0.089%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.278	−0.143%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.286	−0.071%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0203%	8h	11.294	0.000%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.295	+0.010%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.294	−0.004%	$4.7M	$13.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.295	+0.010%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0570%	1h	11.303	+0.080%	$43.7M	$58.5M	10x	as long as short