AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0199%/8h= +21.8% APRnext payment +$1.99 per $10,000 · paid last 24h +0.015%

Price spread now: OKX against Gate−0.037%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$480.483% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days+0.012%+$1 · spread now −0.037%, 7d avg −0.018%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.99 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate AVAX_USDT	10.894	−0.0099	get 0.0099% / 8h	5h 57m	$14.5M	$26.6M	75x
Short	OKX AVAX-USDT-SWAP	10.890	0.0100	get 0.0100% / 8h	5h 57m	$19.4M	$103.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $41.79
Price spread: −0.037% → −0.018%: −$1.91
Slippage, 4 orders: −$23.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$8.45
Costs to cover: 0.483%
Break-even: 8.4 days

Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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	1.38 bp	15.3 bp −$15	22.2 bp −$222	40.4 bp −$4,045	67.6 bp −$33.8K
Sell OKX live order book, 4 min ago	0.46 bp	7.6 bp −$8	17.1 bp −$171	46.4 bp −$4,637	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	+0.137%	$3.1M	$2.1M	—	as long as short
SoDEX AVAX-USD	−0.0131%	1h	10.895	+0.009%	$19K	$68K	10x	as long as short
Gate AVAX_USDTlong	−0.0099%	8h	10.894	long leg	$14.5M	$26.6M	75x
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.899	+0.047%	$3.8M	$11.0M	50x	as long as short
Bybit AVAXUSDT	−0.0036%	8h	10.891	−0.028%	$84.9M	$132.8M	75x	as long as short
Phemex AVAXUSDT	−0.0030%	8h	10.897	+0.028%	$29.1M	$5.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.915	+0.197%	$93K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.900	+0.055%	$5.0M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.902	+0.078%	$23K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.230%	$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
Nado AVAX-PERP	+0.0047%	1h	10.902	+0.073%	$277K	$302K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.895	+0.013%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.898	+0.037%	$23K	$441K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.900	+0.051%	$12K	$62	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.909	+0.138%	$36.3M	$38.1M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.896	+0.018%	$2.2M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.907	+0.119%	$274K	$122K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.892	−0.018%	$115.1M	$375.9M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	10.890	−0.037%	$19.4M	$103.2M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.894	0.000%	$53.7M	$69.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.896	+0.018%	$14.3M	$19.1M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.890	−0.037%	$33.1M	$44.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.893	−0.009%	—	$52.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.899	+0.046%	$440K	$527K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.913	+0.173%	$350K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.917	+0.211%	$175K	$660K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.898	+0.037%	$138K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.907	+0.119%	$236K	$217K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.928	+0.308%	$11K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.902	+0.069%	$327K	$948K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.886	−0.070%	$618K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.902	+0.069%	$250K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.924	+0.275%	$863K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.902	+0.073%	$4.8M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.892	−0.020%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0294%	1h	10.912	+0.162%	$230K	—	120x	as long as short