Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against Orderly−0.073%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.073%, 7d avg −0.034%
=Funding pays, the price is against you. BloFin is 0.039% cheaper against Orderly than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of −0.034%). If the spread goes back, that is −$4 on $10k: about 26 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_AVAX_USDC | 10.908 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $236K | $221K | 20x |
| Short | BloFin AVAX-USDT | 10.900 | 0.0220 | get 0.0220% / 8h | 7h 10m | $4.7M | $5.3M | 100x |
Orderly PERP_AVAX_USDC
BloFin AVAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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: −0.073% → −0.034%
- −$3.95
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $3.25
- Costs to cover
- 0.180%
- Break-even
- 6.1 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 1.38 bp | 8.3 bp −$8 | 15.5 bp −$155 | 34.3 bp −$3,434 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AVAXUSD | −0.0262% | 1h | 10.910 | +0.019% | $3.8M | $11.6M | 50x | as long as short |
| Nado AVAX-PERP | −0.0180% | 1h | 10.895 | −0.124% | $275K | $315K | 10x | as long as short |
| Phemex AVAXUSDT | −0.0165% | 8h | 10.898 | −0.092% | $29.1M | $5.6M | 50x | as long as short |
| Variational Omni AVAX | −0.0082% | 8h | 10.909 | +0.008% | $3.1M | $2.1M | — | as long as short |
| SoDEX AVAX-USD | −0.0065% | 1h | 10.904 | −0.037% | $19K | $68K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.904 | −0.034% | $93K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.906 | −0.018% | $5.0M | $6.7M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.907 | −0.012% | $12K | — | 150x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −1.357% | $17K | $151K | 12x | as long as short |
| Gate AVAX_USDT | +0.0049% | 8h | 10.905 | −0.028% | $14.2M | $29.5M | 75x | as long as short |
Kraken Futures PF_AVAXUSD
Nado AVAX-PERP
Phemex AVAXUSDT
Variational Omni AVAX
SoDEX AVAX-USD
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Injective AVAX/USDC PERP
Gate AVAX_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0089% | 8h | 10.895 | −0.116% | $12K | $62 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.905 | −0.028% | $1.2M | $2.1M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.892 | −0.147% | $19K | $475K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.923 | +0.138% | $36.0M | $39.8M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.907 | −0.013% | $2.2M | $1.4M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.905 | −0.023% | $274K | $127K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.906 | −0.017% | $114.9M | $388.6M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.900 | −0.073% | $85.2M | $135.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.901 | −0.064% | $19.2M | $106.4M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.905 | −0.028% | $54.4M | $80.5M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.906 | −0.018% | $14.0M | $20.3M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.905 | −0.028% | $33.2M | $45.1M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.906 | −0.018% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.912 | +0.037% | $441K | $528K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.926 | +0.165% | $343K | $1.3M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.905 | −0.028% | $175K | $661K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.900 | −0.073% | $137K | $234K | 10x | as long as short |
| Orderly PERP_AVAX_USDClong | +0.0100% | 8h | 10.908 | long leg | $236K | $221K | 20x | |
| SunX AVAX-USDT | +0.0100% | 8h | 10.932 | +0.220% | $12K | $775K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.895 | −0.118% | $338K | $872K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.902 | −0.057% | $622K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.897 | −0.096% | $250K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.905 | −0.028% | $859K | $5.3M | 50x | as long as short |
| BloFin AVAX-USDTshort | +0.0220% | 8h | 10.900 | −0.073% | $4.7M | $5.3M | 100x | |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.903 | −0.044% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0294% | 1h | 10.906 | −0.023% | $230K | — | 120x | as long as short |
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Aevo AVAX-PERP
Coinbase International AVAX-PERP-INTX
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]