AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.019%

Price spread now: dYdX against Extended+0.012%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$328as in the Funding arb table

Net, price: spread back to 7d avg − costs−$324as in the Price arb table

costs, in and out, $10k−$3193.187% of the position

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.012%, 7d avg +0.060%

Together, before fees−0.028%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.049% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	10.760	0.0104	pay 0.0013% / 1h	57m 33s	$601K	$1.4M	25x
Short	dYdX AVAX-USD	10.761	0	get 0.0000% / 1h	57m 33s	$92K	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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 ExtendedbpFee dYdXbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$21.84
Price spread: +0.012% → +0.060%: −$4.89
Slippage, 4 orders: −$303.7
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$345.43
Costs to cover: 3.187%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; dYdX: 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 Extended live order book, 1 min ago	2.32 bp	5.7 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit
Sell dYdX live order book, 41 min ago	148.19 bp	153.2 bp −$153	153.2 bp −$1,532	181.4 bp −$18.1K	463.0 bp −$231.5K

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
Phemex AVAXUSDT	−0.2590%	8h	10.752	−0.077%	$28.7M	$5.7M	50x	as long as short
Nado AVAX-PERP	−0.0450%	1h	10.758	−0.016%	$291K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.761	+0.006%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0078%	8h	10.706	−0.504%	$2.9M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0014%	8h	10.763	+0.026%	$13.4M	$28.4M	75x	as long as short
dYdX AVAX-USDshort	0.0000%	1h	10.761	+0.012%	$92K	$111K	10x
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.758	−0.021%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.766	+0.053%	$12K	—	150x	as long as short
GRVT AVAX_USDT_Perp	+0.0032%	8h	10.719	−0.383%	$345K	$1.2M	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.002%	$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
Paradex AVAX-USD-PERP	+0.0093%	8h	10.761	+0.011%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.760	−0.002%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.762	+0.016%	$25K	$465K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.773	+0.118%	$36.9M	$40.7M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.763	+0.027%	$2.2M	$881K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.763	+0.026%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.762	+0.013%	$113.8M	$401.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.764	+0.035%	$82.4M	$139.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.763	+0.026%	$18.9M	$107.4M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.763	+0.026%	$53.3M	$78.6M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.762	+0.016%	$13.9M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.762	+0.016%	$32.8M	$45.8M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.761	+0.007%	—	$53.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.758	−0.021%	$438K	$547K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.722	−0.356%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.767	+0.063%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.767	+0.063%	$233K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.784	+0.225%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.754	−0.058%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.760	+0.001%	$328K	$854K	75x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.760	long leg	$601K	$1.4M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.754	−0.055%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.770	+0.091%	$969K	$4.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.723	−0.346%	$4.7M	$5.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.759	−0.012%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.765	+0.044%	$227K	—	120x	as long as short