AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0317%/8h= +34.7% APRnext payment +$3.17 per $10,000 · paid last 24h +0.044%

Price spread now: BloFin against Gate−0.037%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.272%+$27 on $10k

Price spread, last 4 days (all we have)−0.187%−$19 · spread now −0.037%, 7d avg +0.015%

Together, before fees+0.086%+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.052% cheaper against Gate than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.015%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.272% in total) that is about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	10.906	−0.0097	get 0.0097% / 8h	5h 59m	$14.6M	$26.6M	75x
Short	BloFin AVAX-USDT	10.902	0.0220	get 0.0220% / 8h	5h 59m	$4.8M	$5.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.037%Rate

Funding earned: $66.57
Price spread: −0.037% → +0.015%: −$5.16
Slippage, 4 orders: −$21.74
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $12.68
Costs to cover: 0.487%
Break-even: 5.7 days

Slippage from Gate: live order book, 3 min ago; BloFin: 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 Gate live order book, 3 min ago	1.38 bp	15.3 bp −$15	22.2 bp −$222	40.4 bp −$4,045	67.6 bp −$33.8K
Sell BloFin live order book, 3 min ago	0.92 bp	9.7 bp −$10	14.4 bp −$144	36.6 bp −$3,658	doesn't fit

AVAX on 36 exchanges

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
Variational Omni AVAX	−0.0139%	8h	10.909	+0.027%	$3.1M	$2.1M	—	as long as short
Gate AVAX_USDTlong	−0.0097%	8h	10.906	long leg	$14.6M	$26.6M	75x
SoDEX AVAX-USD	−0.0086%	1h	10.907	+0.009%	$19K	$68K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.912	+0.057%	$3.8M	$11.0M	50x	as long as short
Bybit AVAXUSDT	−0.0033%	8h	10.901	−0.046%	$85.0M	$133.1M	75x	as long as short
Phemex AVAXUSDT	−0.0023%	8h	10.911	+0.046%	$29.1M	$5.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.915	+0.086%	$93K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.911	+0.046%	$5.0M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.921	+0.133%	$23K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.339%	$17K	$151K	12x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.910	+0.038%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.910	+0.037%	$23K	$441K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.912	+0.051%	$12K	$62	20x	as long as short
Nado AVAX-PERP	+0.0100%	1h	10.910	+0.037%	$277K	$302K	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.917	+0.101%	$36.3M	$38.1M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.906	−0.002%	$2.3M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.919	+0.122%	$275K	$122K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.904	−0.018%	$115.2M	$376.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.901	−0.046%	$19.4M	$103.6M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.909	+0.028%	$53.8M	$69.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.907	+0.009%	$14.3M	$19.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.900	−0.055%	$33.2M	$44.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.901	−0.046%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.906	0.000%	$440K	$527K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.913	+0.063%	$350K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.917	+0.101%	$175K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.911	+0.046%	$138K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.915	+0.083%	$236K	$218K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.939	+0.299%	$11K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.910	+0.039%	$327K	$948K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.901	−0.042%	$618K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.912	+0.054%	$251K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.924	+0.165%	$863K	$5.1M	50x	as long as short
BloFin AVAX-USDTshort	+0.0220%	8h	10.902	−0.037%	$4.8M	$5.2M	100x
Reya AVAXRUSDPERP	+0.0245%	1h	10.904	−0.019%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.912	+0.052%	$230K	—	120x	as long as short