AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.010%

Price spread now: GRVT against Gate−0.671%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$8 on $10k

Price spread, last 7 days+0.713%+$71 · spread now −0.671%, 7d avg +0.024%

Together, before fees+0.797%+ Points / potential airdropGRVT: Active · farm board+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.695% cheaper against Gate than usual: you would sell low and buy high (spread −0.671% now, against its 7-day average of +0.024%). If the spread goes back, that is −$70 on $10k: about 46 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	11.189	0.0050	pay 0.0050% / 8h	2h 55m	$12.4M	$39.2M	75x
Short	GRVT AVAX_USDT_Perp	11.114	0.0100	get 0.0100% / 8h	2h 55m	$358K	$905K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.671%Rate

Funding earned: $10.5
Price spread: −0.671% → +0.024%: −$69.52
Slippage, 4 orders: −$24.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$107.12
Costs to cover: 0.481%
Break-even: 78.4 days

Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 32 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, 4 min ago	1.35 bp	16.6 bp −$17	26.8 bp −$268	45.3 bp −$4,526	72.8 bp −$36.4K
Sell GRVT live order book, 32 min ago	1.36 bp	11.0 bp −$11	24.2 bp −$242	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	−0.0197%	1h	11.183	−0.054%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0194%	8h	11.123	−0.586%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0172%	1h	11.186	−0.027%	$299K	$963K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−0.795%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0032%	1h	11.179	−0.087%	$666K	$2.2M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.186	−0.027%	$98K	$127K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.193	+0.033%	$13K	—	150x	as long as short
Bybit AVAXUSDT	+0.0013%	8h	11.176	−0.116%	$85.4M	$148.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0026%	8h	11.177	−0.107%	$20.0M	$147.6M	50x	as long as short
Phemex AVAXUSDT	+0.0031%	8h	11.178	−0.098%	$30.0M	$4.8M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate AVAX_USDTlong	+0.0050%	8h	11.189	long leg	$12.4M	$39.2M	75x
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.183	−0.054%	$907K	$8.1M	50x	as long as short
MEXC AVAX_USDT	+0.0060%	8h	11.177	−0.107%	$54.3M	$108.1M	200x	as long as short
Binance AVAXUSDT	+0.0061%	8h	11.178	−0.097%	$119.9M	$541.1M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	11.177	−0.112%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.178	−0.097%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.188	−0.009%	$12K	$698K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.181	−0.069%	$257K	—	3x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.186	−0.024%	$2.3M	$2.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.185	−0.034%	$297K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.180	−0.080%	$16.0M	$24.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.180	−0.080%	$34.4M	$61.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.175	−0.125%	—	$90.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.180	−0.080%	$318K	$551K	15x	as long as short
GRVT AVAX_USDT_Perpshort	+0.0100%	8h	11.114	−0.671%	$358K	$905K	10x
ApeX Omni AVAXUSDT	+0.0100%	1h	11.113	−0.679%	$179K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.192	+0.027%	$116K	$476K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.197	+0.071%	$201K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.221	+0.283%	$12K	$709K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.181	−0.071%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.190	+0.004%	$357K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0181%	8h	11.177	−0.107%	$5.0M	$8.9M	100x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.190	+0.007%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0257%	1h	11.187	−0.015%	$4.7M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0407% / S −0.0244%	1h	11.193	+0.035%	$241K	—	120x	as long as short
Hyperliquid AVAX	+0.0463%	1h	11.206	+0.152%	$42.3M	$58.8M	10x	as long as short