AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.149%

Price spread now: Aevo against Deribit+0.043%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$784as in the Funding arb table

Net, price: spread back to 7d avg − costs−$844as in the Price arb table

costs, in and out, $10k−$8488.479% of the position

Long on Deribit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.640%+$64 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.043%, 7d avg +0.004%

Together, before fees+0.638%+$64 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aevo is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVAX_USDC-PERPETUAL	11.115	−0.0020	get 0.0002% / 1h	26m 48s	$5.2M	$8.3M	25x
Short	Aevo AVAX-PERP	11.120	0.0104	get 0.0013% / 1h	26m 48s	$255K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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 DeribitbpFee AevobpOrdersPrice spread, now +0.043%Rate

Funding earned: $26
Price spread: +0.043% → +0.004%: $3.94
Slippage, 4 orders: −$824.93
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$817.99
Costs to cover: 8.479%
Break-even: 227.2 days

Slippage from Deribit: live order book, 2 min ago; Aevo: live order book, 42 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 Deribit live order book, 2 min ago	0.90 bp	5.2 bp −$5	21.8 bp −$218	doesn't fit	doesn't fit
Sell Aevo live order book, 42 min ago	193.84 bp	429.0 bp −$429	doesn't fit	doesn't fit	doesn't fit

AVAX on 35 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	11.080	−0.315%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0049%	1h	11.117	+0.018%	$286K	$509K	10x	as long as short
Deribit AVAX_USDC-PERPETUALlong	−0.0020%	1h	11.115	long leg	$5.2M	$8.3M	25x
dYdX AVAX-USD	0.0000%	1h	11.117	+0.018%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.120	+0.046%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0048%	8h	11.118	+0.027%	$12.1M	$36.6M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.120	+0.049%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.118	+0.027%	$15K	$595K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.124	+0.079%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.115	+0.001%	$2.3M	$1.4M	75x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.124	+0.077%	$295K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.121	+0.054%	$118.6M	$460.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.126	+0.099%	$88.7M	$143.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.125	+0.090%	$20.0M	$124.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.121	+0.054%	$48.8M	$82.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.126	+0.099%	$15.6M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.115	0.000%	$33.4M	$51.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.118	+0.027%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.121	+0.054%	$356K	$535K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.127	+0.106%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.106	−0.081%	$354K	$810K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.110	−0.045%	$179K	$677K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.124	+0.081%	$131K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.124	+0.081%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.146	+0.274%	$12K	$718K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.117	+0.018%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.118	+0.031%	$361K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.119	+0.036%	$29.7M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.112	−0.031%	$671K	$1.7M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	11.120	+0.043%	$255K	—	3x
Reya AVAXRUSDPERP	+0.0244%	1h	11.120	+0.043%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.119	+0.036%	$4.3M	$11.9M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.120	+0.045%	$903K	$5.9M	50x	as long as short
Hyperliquid AVAX	+0.0407%	1h	11.134	+0.171%	$43.3M	$47.1M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.120	+0.048%	$236K	—	120x	as long as short