AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h −0.029%

Price spread now: Orderly against OKX+0.124%7-day average +0.076% · you sell dearer than you buy

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

Long on OKX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 3 days (all we have)−0.293%−$29 · spread now +0.124%, 7d avg +0.076%

Together, before fees−0.266%−$27 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.049% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.076%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX AVAX-USDT-SWAP	11.278	0.0061	pay 0.0061% / 8h	2h 26m	$20.1M	$148.4M	50x
Short	Orderly PERP_AVAX_USDC	11.292	0.0100	get 0.0100% / 8h	2h 26m	$203K	$302K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now +0.124%Rate

Funding earned: $8.18
Price spread: +0.124% → +0.076%: $4.86
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$2.96
Costs to cover: 0.160%
Break-even: 9.5 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	0.44 bp	7.3 bp −$7	16.2 bp −$162	52.0 bp −$5,198	doesn't fit
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
Deribit AVAX_USDC-PERPETUAL	−0.0193%	1h	11.284	+0.053%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0142%	8h	11.251	−0.239%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0096%	1h	11.293	+0.137%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.160%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.288	+0.089%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.287	+0.078%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0024%	1h	11.277	−0.007%	$672K	$2.3M	25x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.294	+0.142%	$915K	$8.2M	50x	as long as short
OKX AVAX-USDT-SWAPlong	+0.0061%	8h	11.278	long leg	$20.1M	$148.4M	50x
Gate AVAX_USDT	+0.0063%	8h	11.285	+0.062%	$12.6M	$40.0M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0065%	8h	11.284	+0.053%	$30.3M	$4.8M	50x	as long as short
MEXC AVAX_USDT	+0.0083%	8h	11.283	+0.044%	$55.5M	$109.6M	200x	as long as short
Binance AVAXUSDT	+0.0083%	8h	11.283	+0.046%	$121.0M	$537.0M	75x	as long as short
Bybit AVAXUSDT	+0.0093%	8h	11.283	+0.044%	$88.8M	$154.2M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.286	+0.072%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.292	+0.124%	$9K	$700K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	11.278	−0.002%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.289	+0.098%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.289	+0.096%	$300K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.289	+0.098%	$16.1M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.281	+0.027%	$34.9M	$61.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.280	+0.018%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.289	+0.098%	$335K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	−0.281%	$356K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.249	−0.257%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.299	+0.186%	$131K	$483K	10x	as long as short
Orderly PERP_AVAX_USDCshort	+0.0100%	8h	11.292	+0.124%	$203K	$302K	20x
SunX AVAX-USDT	+0.0100%	8h	11.321	+0.379%	$12K	$716K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.284	+0.053%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.278	−0.002%	$362K	$1.1M	75x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.286	+0.071%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0203%	8h	11.294	+0.142%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.295	+0.152%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.294	+0.138%	$4.7M	$13.5M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.295	+0.152%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0570%	1h	11.303	+0.222%	$43.7M	$58.5M	10x	as long as short