AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.030%

Price spread now: Pacifica against dYdX+0.043%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$300as in the Funding arb table

Net, price: spread back to 7d avg − costs−$318as in the Price arb table

costs, in and out, $10k−$3213.214% of the position

Long on dYdX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.209%+$21 on $10k

Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.043%, 7d avg +0.010%

Together, before fees+0.174%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Pacifica is 0.033% dearer against dYdX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	11.249	0	get 0.0000% / 1h	42m 37s	$99K	$107K	10x
Short	Pacifica AVAX	11.254	0.0100	get 0.0013% / 1h	42m 37s	$299K	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.043%Rate

Funding earned: $21
Price spread: +0.043% → +0.010%: $3.3
Slippage, 4 orders: −$303.43
Fee dYdX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$297.13
Costs to cover: 3.214%
Break-even: 106.0 days

Slippage from dYdX: live order book, 41 min ago; Pacifica: live order book, 41 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, 41 min ago	142.74 bp	147.7 bp −$148	147.7 bp −$1,477	162.2 bp −$16.2K	185.2 bp −$92.6K
Sell Pacifica live order book, 41 min ago	7.51 bp	14.2 bp −$14	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	−0.0570%	1h	11.190	−0.523%	$17K	$151K	12x	as long as short
Variational Omni AVAX	−0.0033%	8h	11.187	−0.546%	$2.9M	$2.4M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0017%	1h	11.251	+0.019%	$5.3M	$9.2M	25x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	11.249	long leg	$99K	$107K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.252	+0.028%	$16K	—	150x	as long as short
Nado AVAX-PERP	+0.0015%	1h	11.242	−0.056%	$297K	$899K	10x	as long as short
Lighter AVAX	+0.0096%	1h	11.250	+0.010%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.245	−0.034%	$15K	$695K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.245	−0.036%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.251	+0.020%	$2.3M	$1.9M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXshort	+0.0100%	1h	11.254	+0.043%	$299K	$120K	10x
Binance AVAXUSDT	+0.0100%	8h	11.246	−0.023%	$120.4M	$527.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.243	−0.052%	$88.0M	$157.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.243	−0.052%	$20.2M	$146.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.256	+0.064%	$12.6M	$40.0M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.249	+0.002%	$52.2M	$99.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.261	+0.108%	$16.2M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.243	−0.052%	$34.2M	$60.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.248	−0.007%	—	$89.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.257	+0.073%	$359K	$578K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.227	−0.197%	$355K	$886K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.230	−0.167%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.250	+0.010%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.259	+0.090%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.283	+0.306%	$12K	$729K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.254	+0.046%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.252	+0.033%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.257	+0.073%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.244	−0.042%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.252	+0.028%	$258K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.254	+0.046%	$907K	$8.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.256	+0.064%	$5.1M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.247	−0.019%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0396% / S −0.0236%	1h	11.251	+0.018%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0530%	1h	11.275	+0.233%	$43.6M	$57.9M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0628%	1h	11.261	+0.111%	$4.6M	$13.6M	50x	as long as short