Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.029%
Price spread now: BloFin against OKX+0.763%53s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as 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−$360.360% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)−0.896%−$90 · spread now +0.763%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.724% dearer against OKX than usual: you sell high and buy low: +$72 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 53 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 | OKX AVAX-USDT-SWAP | 10.749 | 0.0100 | pay 0.0100% / 8h | 3h 02m | $19.4M | $108.9M | 50x |
| Short | BloFin AVAX-USDT | 10.831 | 0.0220 | get 0.0220% / 8h | 3h 02m | $4.8M | $5.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: +0.763% → +0.039%
- $72.39
- Slippage, 4 orders
- −$14.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $61.55
- Costs to cover
- 0.360%
- Break-even
- from the start
Slippage from OKX: live order book, 2 min ago; BloFin: live order book, 6 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 OKX live order book, 2 min ago | 0.46 bp | 7.2 bp −$7 | 14.5 bp −$145 | 57.7 bp −$5,768 | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.38 bp | 8.1 bp −$8 | 11.4 bp −$114 | 39.8 bp −$3,981 | 71.9 bp −$36.0K |
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 | −0.1421% | 1h | 10.800 | +0.474% | $17K | $151K | 12x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0122% | 1h | 10.757 | +0.074% | $4.9M | $7.5M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.779 | +0.276% | $94K | $96K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.756 | +0.061% | $12K | — | 150x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0020% | 1h | 10.759 | +0.089% | $4.1M | $11.1M | 50x | as long as short |
| Gate AVAX_USDT | +0.0042% | 8h | 10.760 | +0.102% | $12.2M | $32.8M | 75x | as long as short |
| Nado AVAX-PERP | +0.0044% | 1h | 10.757 | +0.074% | $280K | $308K | 10x | as long as short |
| Variational Omni AVAX | +0.0081% | 8h | 10.844 | +0.880% | $2.8M | $2.2M | — | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.754 | +0.047% | $1.2M | $2.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.744 | −0.047% | $7K | $436K | 50x | 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 | +0.0097% | 8h | 10.777 | +0.258% | $12K | $212 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.753 | +0.040% | $2.2M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.772 | +0.212% | $271K | $130K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.750 | +0.009% | $112.8M | $418.7M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.744 | −0.047% | $80.5M | $141.1M | 75x | as long as short |
| OKX AVAX-USDT-SWAPlong | +0.0100% | 8h | 10.749 | long leg | $19.4M | $108.9M | 50x | |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.762 | +0.121% | $43.6M | $79.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.758 | +0.084% | $14.7M | $21.7M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.753 | +0.037% | $32.0M | $47.9M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.753 | +0.037% | — | $54.8M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.828 | +0.735% | $369K | $525K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.847 | +0.910% | $341K | $942K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.856 | +0.995% | $174K | $663K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.755 | +0.056% | $126K | $344K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.757 | +0.074% | $189K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.785 | +0.339% | $11K | $721K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.755 | +0.056% | $18K | $71K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.762 | +0.122% | $358K | $780K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.759 | +0.093% | $28.7M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.750 | +0.011% | $663K | $1.3M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.758 | +0.079% | $247K | — | 3x | as long as short |
| Hyperliquid AVAX | +0.0181% | 1h | 10.771 | +0.205% | $40.6M | $40.2M | 10x | as long as short |
| BloFin AVAX-USDTshort | +0.0220% | 8h | 10.831 | +0.763% | $4.8M | $5.3M | 100x | |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 10.755 | +0.056% | $884K | $4.7M | 50x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.758 | +0.082% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0275% | 1h | 10.758 | +0.080% | $234K | — | 120x | as long as short |
OKX AVAX-USDT-SWAP
BloFin AVAX-USDT
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Kraken Futures PF_AVAXUSD
Gate AVAX_USDT
Variational Omni AVAX
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Hyperliquid AVAX
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]