AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.028%

Price spread now: BloFin against MEXC−0.121%49s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1as 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−$230.225% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.363%−$36 · spread now −0.121%, 7d avg +0.005%

Together, before fees−0.143%−$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.125% cheaper against MEXC than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of +0.005%). If the spread goes back, that is −$13 on $10k: about 3.5 days of funding at the current rate (+$4 a day). The two prices were read 49 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	MEXC AVAX_USDT	10.780	0.0100	pay 0.0100% / 8h	7h 48m	$53.1M	$78.9M	200x
Short	BloFin AVAX-USDT	10.767	0.0220	get 0.0220% / 8h	7h 48m	$4.6M	$5.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.121%Rate

Funding earned: $25.2
Price spread: −0.121% → +0.005%: −$12.54
Slippage, 4 orders: −$10.52
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$9.86
Costs to cover: 0.225%
Break-even: 9.7 days

Slippage from MEXC: live order book, 6 min ago; BloFin: live order book, 5 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 MEXC live order book, 6 min ago	0.46 bp	1.7 bp −$2	4.9 bp −$49	39.4 bp −$3,943	92.5 bp −$46.2K
Sell BloFin live order book, 5 min ago	1.39 bp	12.4 bp −$12	17.5 bp −$175	43.1 bp −$4,307	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
Nado AVAX-PERP	−0.0295%	1h	10.778	−0.014%	$281K	$331K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0265%	1h	10.769	−0.107%	$3.7M	$11.6M	50x	as long as short
Phemex AVAXUSDT	−0.0103%	8h	10.763	−0.158%	$28.7M	$5.7M	50x	as long as short
Variational Omni AVAX	−0.0077%	8h	10.764	−0.151%	$3.0M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0004%	8h	10.782	+0.019%	$13.6M	$28.6M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.770	−0.092%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.782	+0.019%	$4.9M	$6.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.785	+0.043%	$12K	—	150x	as long as short
SoDEX AVAX-USD	+0.0017%	1h	10.779	−0.009%	$18K	$68K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.186%	$17K	$151K	12x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex AVAX-USD-PERP	+0.0093%	8h	10.762	−0.168%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.767	−0.121%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.773	−0.065%	$28K	$463K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.789	+0.083%	$37.0M	$40.1M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.781	+0.009%	$2.4M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.768	−0.109%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.781	+0.009%	$114.1M	$398.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.781	+0.009%	$84.2M	$139.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.784	+0.037%	$19.0M	$107.0M	50x	as long as short
MEXC AVAX_USDTlong	+0.0100%	8h	10.780	long leg	$53.1M	$78.9M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	10.773	−0.065%	$13.9M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.783	+0.028%	$32.8M	$45.6M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.780	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.768	−0.111%	$438K	$531K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.778	−0.019%	$340K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.782	+0.019%	$174K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.778	−0.019%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.787	+0.065%	$233K	$248K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.793	+0.116%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.768	−0.116%	$332K	$868K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.778	−0.020%	$601K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.775	−0.049%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.782	+0.019%	$849K	$5.2M	50x	as long as short
BloFin AVAX-USDTshort	+0.0220%	8h	10.767	−0.121%	$4.6M	$5.4M	100x
Reya AVAXRUSDPERP	+0.0245%	1h	10.776	−0.034%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.785	+0.044%	$228K	—	120x	as long as short