AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0211%/8h= +23.2% APRnext payment +$0.26 per $10,000 · paid last 24h +0.346%

Price spread now: Reya against Injective−0.401%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.401% cheaper against Injective than usual: you would sell low and buy high (spread −0.401% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 6.3 days of funding at the current rate (+$6 a day). The two prices were read 52 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	Injective AVAX/USDC PERP	10.760	0.0033	pay 0.0004% / 1h	55m 38s	$17K	$151K	12x
Short	Reya AVAXRUSDPERP	10.717	0.0245	get 0.0031% / 1h	55m 38s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Injective. 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 InjectivebpFee ReyabpOrdersPrice spread, now −0.401%Rate

Funding earned: $44.41
Price spread: −0.401% → 0.000%: −$40.11
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Reya: 3 bp × 2 orders: −$6
Net: −$1.72
Costs to cover: 0.060%
Break-even: 7.3 days

Slippage unknown: Injective: live order book, 43 min ago; Reya: 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 Injective live order book, 43 min ago	28.12 bp	56.1 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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
Nado AVAX-PERP	−0.0400%	1h	10.728	−0.300%	$290K	$326K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0267%	1h	10.727	−0.307%	$3.8M	$11.6M	50x	as long as short
Phemex AVAXUSDT	−0.0230%	8h	10.723	−0.344%	$28.6M	$5.7M	50x	as long as short
Gate AVAX_USDT	−0.0141%	8h	10.708	−0.483%	$13.3M	$28.4M	75x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.715	−0.421%	$2.9M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0030%	1h	10.726	−0.316%	$4.8M	$6.7M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.767	+0.064%	$92K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.726	−0.316%	$12K	—	150x	as long as short
GRVT AVAX_USDT_Perp	+0.0032%	8h	10.719	−0.381%	$345K	$1.2M	10x	as long as short
Injective AVAX/USDC PERPlong	+0.0033%	1h	10.760	long leg	$17K	$151K	12x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0072%	1h	10.707	−0.493%	$25K	$465K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.701	−0.546%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.705	−0.511%	$1.1M	$2.0M	10x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.714	−0.428%	$36.7M	$40.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.711	−0.455%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.709	−0.473%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.705	−0.511%	$113.3M	$400.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.705	−0.511%	$83.7M	$139.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.705	−0.511%	$18.8M	$106.5M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.704	−0.520%	$52.7M	$78.7M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.702	−0.539%	$13.8M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.705	−0.511%	$32.6M	$45.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.705	−0.511%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.719	−0.381%	$436K	$531K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.722	−0.353%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.728	−0.297%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.735	−0.232%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.757	−0.025%	$12K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.722	−0.353%	$18K	$68K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.723	−0.339%	$327K	$874K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.705	−0.510%	$601K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.721	−0.359%	$246K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.732	−0.260%	$838K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.762	+0.019%	$4.7M	$5.4M	100x	as long as short
Reya AVAXRUSDPERPshort	+0.0245%	1h	10.717	−0.401%	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.719	−0.381%	$226K	—	120x	as long as short