Funding you earn now, next payment 08:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.81 per $10,000 · paid last 24h +0.004%
Price spread now: Orderly against Gate−0.019%7-day average +0.049% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.019%, 7d avg +0.049%
=Funding pays, the price is against you. Orderly is 0.068% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.049%). If the spread goes back, that is −$7 on $10k: about 2.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.049% in total) that is about 9.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AVAX_USDT | 10.573 | 0.0019 | pay 0.0019% / 8h | 2h 39m | $12.1M | $32.1M | 75x |
| Short | Orderly PERP_AVAX_USDC | 10.571 | 0.0100 | get 0.0100% / 8h | 2h 39m | $167K | $339K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $17.01
- Price spread: −0.019% → +0.049%
- −$6.78
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.77
- Costs to cover
- 0.210%
- Break-even
- 11.4 days
Slippage unknown: Gate: live order book, 4 min ago; Orderly: no order-book sample. 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 Gate live order book, 4 min ago | 0.94 bp | 15.7 bp −$16 | 25.3 bp −$253 | 41.0 bp −$4,099 | 68.2 bp −$34.1K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 10.760 | +1.769% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0282% | 1h | 10.571 | −0.021% | $4.2M | $11.4M | 50x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0128% | 1h | 10.565 | −0.076% | $4.7M | $7.5M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.581 | +0.079% | $92K | $101K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.571 | −0.022% | $12K | — | 150x | as long as short |
| Nado AVAX-PERP | +0.0015% | 1h | 10.566 | −0.071% | $284K | $327K | 10x | as long as short |
| Variational Omni AVAX | +0.0016% | 8h | 10.570 | −0.030% | $2.8M | $2.2M | — | as long as short |
| Gate AVAX_USDTlong | +0.0019% | 8h | 10.573 | long leg | $12.1M | $32.1M | 75x | |
| Polymarket Perps AVAX-USD | +0.0034% | 1h | 10.568 | −0.047% | $132K | $355K | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 10.575 | +0.016% | $12K | $212 | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVAX | +0.0096% | 1h | 10.566 | −0.065% | $1.1M | $2.6M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.567 | −0.057% | $15K | $443K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.578 | +0.047% | $38.1M | $43.3M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.570 | −0.028% | $2.1M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.576 | +0.028% | $266K | $130K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.573 | +0.001% | $112.0M | $426.9M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.559 | −0.132% | $78.4M | $143.7M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.564 | −0.085% | $18.6M | $110.8M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.576 | +0.028% | $41.6M | $79.2M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.573 | 0.000% | $13.3M | $22.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.565 | −0.076% | $31.5M | $49.0M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.567 | −0.057% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.569 | −0.038% | $371K | $534K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.589 | +0.151% | $337K | $960K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.605 | +0.303% | $171K | $662K | 50x | as long as short |
| Orderly PERP_AVAX_USDCshort | +0.0100% | 8h | 10.571 | −0.019% | $167K | $339K | 20x | |
| SunX AVAX-USDT | +0.0100% | 8h | 10.598 | +0.238% | $11K | $746K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.565 | −0.076% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.568 | −0.052% | $349K | $792K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.568 | −0.047% | $28.2M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.569 | −0.040% | $638K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.565 | −0.076% | $243K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.576 | +0.028% | $838K | $4.7M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.573 | 0.000% | $4.7M | $5.5M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.565 | −0.080% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0263% | 1h | 10.570 | −0.032% | $234K | — | 120x | as long as short |
Gate AVAX_USDT
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Variational Omni AVAX
Polymarket Perps AVAX-USD
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]