AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%

Price spread now: Aevo against dYdX−0.063%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,145as in the Price arb table

costs, in and out, $10k−$1,14011.401% of the position

Long on dYdX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.063%, 7d avg −0.014%

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

Funding pays, the price is against you. Aevo is 0.049% cheaper against dYdX than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.014%). If the spread goes back, that is −$5 on $10k: about 37 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	11.231	0	get 0.0000% / 1h	1m 53s	$103K	$106K	10x
Short	Aevo AVAX-PERP	11.224	0.0104	get 0.0013% / 1h	1m 53s	$258K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against dYdX. 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 dYdXbpFee AevobpOrdersPrice spread, now −0.063%Rate

Funding earned: $21.84
Price spread: −0.063% → −0.014%: −$4.87
Slippage, 4 orders: −$1,114.13
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$1,123.16
Costs to cover: 11.401%
Break-even: 367.0 days

Slippage from dYdX: live order book, 12 min ago; Aevo: live order book, 12 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 dYdX live order book, 12 min ago	146.82 bp	151.8 bp −$152	151.8 bp −$1,518	154.5 bp −$15.5K	156.6 bp −$78.3K
Sell Aevo live order book, 12 min ago	190.29 bp	396.0 bp −$396	doesn't fit	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
Injective AVAX/USDC PERP	−0.1451%	1h	11.180	−0.455%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.225	−0.054%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0096%	1h	11.225	−0.059%	$296K	$877K	10x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	11.231	long leg	$103K	$106K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.224	−0.064%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.228	−0.028%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.221	−0.090%	$18K	$663K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.222	−0.078%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.228	−0.025%	$2.3M	$1.7M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.229	−0.022%	$298K	$118K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.228	−0.024%	$120.3M	$510.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.230	−0.010%	$89.5M	$154.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.227	−0.036%	$20.3M	$143.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.229	−0.019%	$12.5M	$40.4M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.229	−0.019%	$50.0M	$93.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.234	+0.026%	$15.6M	$24.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.229	−0.019%	$34.3M	$57.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.229	−0.019%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.231	−0.001%	$359K	$565K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.226	−0.045%	$3.0M	$2.4M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.228	−0.027%	$362K	$873K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.230	−0.010%	$180K	$687K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.223	−0.072%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.232	+0.008%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.253	+0.195%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.227	−0.036%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.223	−0.068%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.223	−0.072%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.227	−0.038%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	11.224	−0.063%	$258K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	11.227	−0.036%	$5.0M	$7.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.219	−0.104%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.233	+0.021%	$4.6M	$12.9M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.235	+0.035%	$917K	$7.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0433% / S −0.0256%	1h	11.223	−0.071%	$250K	—	120x	as long as short
Hyperliquid AVAX	+0.0756%	1h	11.247	+0.142%	$43.8M	$55.0M	10x	as long as short