AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0367%/8h= +40.2% APRnext payment +$0.46 per $10,000 · paid last 24h +0.144%

Price spread now: Reya against Deribit+0.068%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Reya is 0.068% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVAX_USDC-PERPETUAL	10.752	−0.0122	get 0.0015% / 1h	51m 49s	$4.9M	$6.8M	25x
Short	Reya AVAXRUSDPERP	10.759	0.0245	get 0.0031% / 1h	51m 49s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.068%Rate

Funding earned: $77.01
Price spread: +0.068% → 0.000%: $6.83
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $70.84
Costs to cover: 0.130%
Break-even: 0.6 days

Slippage unknown: Deribit: live order book, 2 min ago; Reya: no order-book sample. Net counts fees only.

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	0.93 bp	6.4 bp −$6	148.9 bp −$1,489	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Nado AVAX-PERP	−0.0336%	1h	10.764	+0.112%	$291K	$322K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.755	+0.024%	$3.8M	$11.6M	50x	as long as short
Gate AVAX_USDT	−0.0148%	8h	10.758	+0.056%	$13.4M	$28.5M	75x	as long as short
Deribit AVAX_USDC-PERPETUALlong	−0.0122%	1h	10.752	long leg	$4.9M	$6.8M	25x
Phemex AVAXUSDT	−0.0083%	8h	10.762	+0.093%	$28.7M	$5.7M	50x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.715	−0.347%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.769	+0.160%	$92K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.761	+0.084%	$12K	—	150x	as long as short
SoDEX AVAX-USD	+0.0026%	1h	10.753	+0.009%	$18K	$68K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.074%	$17K	$151K	12x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AVAX_USDT_Perp	+0.0081%	8h	10.709	−0.401%	$342K	$1.2M	10x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.761	+0.086%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.755	+0.027%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.766	+0.130%	$25K	$464K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.767	+0.140%	$36.9M	$40.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.761	+0.080%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.772	+0.182%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.752	+0.002%	$113.8M	$399.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.753	+0.009%	$84.0M	$139.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.755	+0.028%	$19.0M	$107.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.755	+0.028%	$52.8M	$78.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.756	+0.037%	$13.9M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.753	+0.009%	$32.7M	$45.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.757	+0.047%	—	$53.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.758	+0.056%	$438K	$531K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.713	−0.363%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.770	+0.167%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.763	+0.102%	$233K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.789	+0.347%	$12K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.742	−0.091%	$331K	$874K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.751	−0.011%	$601K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.750	−0.015%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.765	+0.121%	$845K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.781	+0.270%	$4.7M	$5.5M	100x	as long as short
Reya AVAXRUSDPERPshort	+0.0245%	1h	10.759	+0.068%	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.760	+0.070%	$227K	—	120x	as long as short