AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0147%/8h= −16.1% APRnext payment −$1.47 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against GRVT−0.037%81s7-day average −0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$460.459% of the position

Long on GRVT Short on Gate

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+0.003%$0 · spread now −0.037%, 7d avg −0.022%

Together, before fees−0.081%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT AVAX_USDT_Perp	11.140	0.0100	pay 0.0100% / 8h	7h 42m	$359K	$851K	10x
Short	Gate AVAX_USDT	11.136	−0.0047	pay 0.0047% / 8h	7h 42m	$12.2M	$38.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GRVT. 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 GRVTbpFee GatebpOrdersPrice spread, now −0.037%Rate

Funding earned: −$30.87
Price spread: −0.037% → −0.022%: −$1.43
Slippage, 4 orders: −$21.95
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$78.25
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from GRVT: live order book, 31 min ago; Gate: live order book, 2 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 GRVT live order book, 31 min ago	1.34 bp	7.6 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.35 bp	14.5 bp −$14	21.1 bp −$211	38.5 bp −$3,848	66.0 bp −$33.0K

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	−0.1363%	1h	11.090	−0.450%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0289%	1h	11.122	−0.162%	$5.3M	$8.7M	25x	as long as short
Gate AVAX_USDTshort	−0.0047%	8h	11.136	−0.037%	$12.2M	$38.1M	75x
Nado AVAX-PERP	−0.0033%	1h	11.119	−0.185%	$292K	$853K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.126	−0.130%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.127	−0.117%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.138	−0.022%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.127	−0.117%	$18K	$644K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.125	−0.140%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.129	−0.096%	$2.3M	$1.6M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.125	−0.138%	$295K	$117K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.137	−0.030%	$118.4M	$497.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.140	−0.001%	$88.7M	$151.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.138	−0.019%	$20.0M	$137.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.140	−0.001%	$48.8M	$88.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.137	−0.028%	$15.4M	$23.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.138	−0.019%	$33.7M	$56.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.138	−0.019%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.139	−0.010%	$356K	$563K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.125	−0.137%	$2.9M	$2.4M	—	as long as short
GRVT AVAX_USDT_Perplong	+0.0100%	8h	11.140	long leg	$359K	$851K	10x
ApeX Omni AVAXUSDT	+0.0100%	1h	11.144	+0.035%	$179K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.128	−0.108%	$131K	$386K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.132	−0.073%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.156	+0.145%	$12K	$730K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.128	−0.108%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.114	−0.235%	$360K	$963K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.133	−0.064%	$29.9M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.122	−0.165%	$666K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.121	−0.168%	$255K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.133	−0.067%	$4.3M	$12.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.124	−0.144%	$5.0M	$6.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.124	−0.141%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.143	+0.026%	$905K	$7.2M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0260%	1h	11.127	−0.119%	$248K	—	120x	as long as short
Hyperliquid AVAX	+0.0654%	1h	11.157	+0.152%	$43.5M	$53.7M	10x	as long as short