AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Popdex against dYdX−0.210%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$331as in the Price arb table

costs, in and out, $10k−$3083.082% of the position

Long on dYdX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.093%+$9 on $10k

Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.210%, 7d avg +0.019%

Together, before fees+0.273%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Popdex is 0.229% cheaper against dYdX than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of +0.019%). If the spread goes back, that is −$23 on $10k: about 7.9 days 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	11.304	0	get 0.0000% / 1h	21m 24s	$99K	$115K	10x
Short	Popdex AVAXUSDT	11.280	0.0096	get 0.0012% / 1h	21m 24s	$9K	$705K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.210%Rate

Funding earned: $20.16
Price spread: −0.210% → +0.019%: −$22.86
Slippage, 4 orders: −$291.77
Fee dYdX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$310.87
Costs to cover: 3.082%
Break-even: 114.9 days

Slippage from dYdX: live order book, 2 min ago; Popdex: live order book, 3 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, 2 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 Popdex live order book, 3 min ago	1.77 bp	6.3 bp −$6	16.2 bp −$162	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
Deribit AVAX_USDC-PERPETUAL	−0.0281%	1h	11.284	−0.174%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0130%	8h	11.287	−0.147%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0088%	1h	11.281	−0.201%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.387%	$17K	$152K	12x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	11.304	long leg	$99K	$115K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.283	−0.186%	$16K	—	150x	as long as short
Extended AVAX-USD	+0.0048%	1h	11.284	−0.178%	$672K	$2.2M	25x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.298	−0.051%	$915K	$8.2M	50x	as long as short
Gate AVAX_USDT	+0.0059%	8h	11.281	−0.201%	$12.6M	$40.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0069%	8h	11.281	−0.201%	$20.0M	$148.6M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0077%	8h	11.290	−0.121%	$30.2M	$4.9M	50x	as long as short
MEXC AVAX_USDT	+0.0088%	8h	11.276	−0.245%	$55.7M	$110.0M	200x	as long as short
Binance AVAXUSDT	+0.0089%	8h	11.279	−0.219%	$120.9M	$537.5M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.297	−0.057%	$1.3M	$3.2M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	11.280	−0.210%	$9K	$705K	50x
Paradex AVAX-USD-PERP	+0.0097%	8h	11.294	−0.083%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.294	−0.089%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.304	−0.001%	$300K	$122K	10x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.284	−0.174%	$89.5M	$154.9M	75x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.284	−0.174%	$16.1M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.284	−0.174%	$34.8M	$61.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.283	−0.183%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.318	+0.126%	$335K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.323	+0.171%	$358K	$909K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.325	+0.188%	$182K	$683K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.284	−0.174%	$131K	$479K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.290	−0.121%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.312	+0.069%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.287	−0.148%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.316	+0.113%	$363K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.287	−0.152%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0207%	8h	11.317	+0.118%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.276	−0.243%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.298	−0.055%	$4.6M	$13.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.282	−0.188%	$243K	—	120x	as long as short
Hyperliquid AVAX	+0.0617%	1h	11.300	−0.033%	$44.1M	$58.6M	10x	as long as short