AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Lighter against gTrade (Gains Network)−0.058%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.058% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.1 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	gTrade (Gains Network) AVAX/USD	10.676	L +0.0002% / S −0.0003%	pay 0.0000% / 1h	37m 49s	$12K	—	150x
Short	Lighter AVAX	10.670	0.0096	get 0.0012% / 1h	37m 49s	$1.2M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now −0.058%Rate

Funding earned: $19.82
Price spread: −0.058% → 0.000%: −$5.81
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $4.01
Costs to cover: 0.100%
Break-even: 5.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 4 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	3.08 bp	3.2 bp −$3	12.8 bp −$128	87.1 bp −$8,708	doesn't fit

gTrade (Gains Network): 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
Kraken Futures PF_AVAXUSD	−0.0185%	1h	10.671	−0.050%	$3.8M	$11.7M	50x	as long as short
Nado AVAX-PERP	−0.0135%	1h	10.672	−0.039%	$288K	$336K	10x	as long as short
Variational Omni AVAX	−0.0074%	8h	10.700	+0.227%	$2.9M	$2.2M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0031%	1h	10.675	−0.011%	$4.8M	$6.8M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.691	+0.138%	$91K	$111K	10x	as long as short
Gate AVAX_USDT	0.0000%	8h	10.667	−0.086%	$13.0M	$30.6M	75x	as long as short
gTrade (Gains Network) AVAX/USDlong	L +0.0002% / S −0.0003%	1h	10.676	long leg	$12K	—	150x
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.785%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.686	+0.091%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0088%	8h	10.660	−0.152%	$81.4M	$141.0M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAXshort	+0.0096%	1h	10.670	−0.058%	$1.2M	$2.4M	10x
Popdex AVAXUSDT	+0.0096%	1h	10.677	+0.007%	$25K	$469K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.673	−0.030%	$36.7M	$43.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.670	−0.058%	$2.2M	$904K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.692	+0.147%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.663	−0.124%	$112.9M	$412.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.659	−0.161%	$18.7M	$108.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.665	−0.105%	$45.6M	$79.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.668	−0.077%	$13.7M	$22.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.660	−0.152%	$32.3M	$47.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.662	−0.133%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.671	−0.049%	$435K	$554K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.709	+0.304%	$343K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.711	+0.326%	$173K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.677	+0.007%	$134K	$329K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.680	+0.036%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.703	+0.253%	$12K	$769K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.671	−0.049%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.678	+0.012%	$325K	$866K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.671	−0.049%	$28.5M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.661	−0.141%	$607K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.668	−0.081%	$245K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.683	+0.064%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.684	+0.073%	$850K	$4.7M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.672	−0.037%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.675	−0.009%	$225K	—	120x	as long as short