AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.106%

Price spread now: Deribit against dYdX+0.169%7-day average −0.016% · you sell dearer than you buy

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

Long on dYdX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.450%−$45 on $10k

Price spread, last 4 days (all we have)−0.670%−$67 · spread now +0.169%, 7d avg −0.016%

Together, before fees−1.120%−$112 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.185% dearer against dYdX than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of −0.016%): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	10.717	0	get 0.0000% / 1h	55m 40s	$94K	$97K	10x
Short	Deribit AVAX_USDC-PERPETUAL	10.735	−0.0122	pay 0.0015% / 1h	55m 40s	$4.8M	$7.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.169%Rate

Funding earned: −$25.72
Price spread: +0.169% → −0.016%: $18.51
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$24.21
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Deribit: live order book, 3 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 3 min ago	2.33 bp	8.5 bp −$9	36.8 bp −$368	doesn't fit	doesn't fit

dYdX: 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
Injective AVAX/USDC PERP	−0.1423%	1h	10.760	+0.402%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0278%	1h	10.739	+0.205%	$4.1M	$11.1M	50x	as long as short
Deribit AVAX_USDC-PERPETUALshort	−0.0122%	1h	10.735	+0.169%	$4.8M	$7.5M	25x
dYdX AVAX-USDlong	0.0000%	1h	10.717	long leg	$94K	$97K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.737	+0.189%	$12K	—	150x	as long as short
Polymarket Perps AVAX-USD	+0.0012%	1h	10.733	+0.150%	$132K	$343K	10x	as long as short
Gate AVAX_USDT	+0.0035%	8h	10.717	+0.001%	$12.1M	$31.3M	75x	as long as short
Variational Omni AVAX	+0.0052%	8h	10.727	+0.090%	$2.8M	$2.2M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0089%	1h	10.730	+0.122%	$376K	$530K	15x	as long as short
Lighter AVAX	+0.0096%	1h	10.713	−0.038%	$1.2M	$2.6M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.708	−0.083%	$9K	$441K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.715	−0.014%	$12K	$212	20x	as long as short
Nado AVAX-PERP	+0.0100%	1h	10.728	+0.108%	$281K	$311K	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.728	+0.103%	$40.3M	$40.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.724	+0.069%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.718	+0.009%	$270K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.717	−0.003%	$112.0M	$421.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.706	−0.102%	$79.8M	$141.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.711	−0.055%	$19.3M	$109.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.717	+0.001%	$43.4M	$78.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.718	+0.010%	$14.8M	$22.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.710	−0.065%	$31.8M	$48.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.709	−0.074%	—	$54.8M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.775	+0.541%	$343K	$940K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.767	+0.467%	$173K	$664K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.741	+0.225%	$189K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.761	+0.413%	$11K	$731K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.733	+0.150%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.755	+0.352%	$357K	$780K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.736	+0.178%	$28.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.705	−0.115%	$664K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.739	+0.204%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.743	+0.243%	$880K	$4.7M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.729	+0.113%	$4.8M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.728	+0.101%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0272%	1h	10.736	+0.176%	$234K	—	120x	as long as short