AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.058%

Price spread now: Pacifica against Extended+0.038%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.144%+$14 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.038%, 7d avg +0.069%

Together, before fees+0.230%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.032% cheaper against Extended than usual: you would sell low and buy high (spread +0.038% now, against its 7-day average of +0.069%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.131	−0.0024	get 0.0003% / 1h	50m 32s	$662K	$2.2M	25x
Short	Pacifica AVAX	11.135	0.0100	get 0.0013% / 1h	50m 32s	$296K	$122K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.038%Rate

Funding earned: $26.04
Price spread: +0.038% → +0.069%: −$3.17
Slippage, 4 orders: −$13.81
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.94
Costs to cover: 0.268%
Break-even: 8.1 days

Slippage from Extended: live order book, 3 min ago; Pacifica: live order book, 37 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, 3 min ago	2.24 bp	4.7 bp −$5	7.7 bp −$77	doesn't fit	doesn't fit
Sell Pacifica live order book, 37 min ago	1.81 bp	10.7 bp −$11	22.5 bp −$225	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	−0.0468%	1h	11.128	−0.023%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0185%	8h	11.129	−0.018%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0085%	1h	11.128	−0.023%	$296K	$958K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.275%	$17K	$127K	12x	as long as short
Extended AVAX-USDlong	−0.0024%	1h	11.131	long leg	$662K	$2.2M	25x
dYdX AVAX-USD	0.0000%	1h	11.137	+0.062%	$98K	$127K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.132	+0.012%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0028%	8h	11.132	+0.012%	$84.8M	$149.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0034%	8h	11.124	−0.059%	$19.9M	$146.5M	50x	as long as short
Gate AVAX_USDT	+0.0045%	8h	11.134	+0.030%	$12.4M	$39.4M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0048%	8h	11.125	−0.050%	$29.8M	$4.8M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.140	+0.084%	$889K	$8.1M	50x	as long as short
MEXC AVAX_USDT	+0.0063%	8h	11.131	+0.004%	$54.0M	$108.5M	200x	as long as short
Binance AVAXUSDT	+0.0064%	8h	11.132	+0.012%	$119.3M	$540.4M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0094%	8h	11.131	+0.008%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.131	+0.004%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.132	+0.012%	$12K	$702K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.120	−0.100%	$255K	—	3x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.135	+0.039%	$2.3M	$2.0M	75x	as long as short
Pacifica AVAXshort	+0.0100%	1h	11.135	+0.038%	$296K	$122K	10x
KuCoin AVAXUSDTM	+0.0100%	8h	11.135	+0.039%	$15.8M	$24.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.130	−0.005%	$34.2M	$61.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.131	+0.004%	—	$90.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.132	+0.012%	$318K	$550K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.188	+0.516%	$361K	$905K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.114	−0.149%	$179K	$685K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.130	−0.005%	$117K	$466K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.134	+0.030%	$200K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.157	+0.234%	$11K	$712K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.127	−0.032%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.126	−0.046%	$356K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0184%	8h	11.122	−0.077%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.127	−0.034%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0258%	1h	11.139	+0.074%	$4.6M	$13.6M	50x	as long as short
Hyperliquid AVAX	+0.0354%	1h	11.147	+0.147%	$42.1M	$58.2M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.130	−0.008%	$240K	—	120x	as long as short