AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.81 per $10,000 · paid last 24h −0.004%

Price spread now: Gate against Orderly−0.028%7-day average −0.049% · you buy dearer than you sell

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

Long on Orderly Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.028%, 7d avg −0.049%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.021% dearer against Orderly than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.049%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.049% in total) that is about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_AVAX_USDC	10.571	0.0100	pay 0.0100% / 8h	2h 40m	$167K	$339K	20x
Short	Gate AVAX_USDT	10.568	0.0019	get 0.0019% / 8h	2h 40m	$12.1M	$32.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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 OrderlybpFee GatebpOrdersPrice spread, now −0.028%Rate

Funding earned: −$17.01
Price spread: −0.028% → −0.049%: $2.06
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.95
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago	0.94 bp	13.8 bp −$14	20.0 bp −$200	35.8 bp −$3,582	65.5 bp −$32.7K

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
Injective AVAX/USDC PERP	−0.1423%	1h	10.760	+1.788%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0282%	1h	10.571	−0.002%	$4.2M	$11.4M	50x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0128%	1h	10.565	−0.057%	$4.7M	$7.5M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.581	+0.098%	$92K	$101K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.571	−0.003%	$12K	—	150x	as long as short
Nado AVAX-PERP	+0.0015%	1h	10.566	−0.052%	$284K	$327K	10x	as long as short
Variational Omni AVAX	+0.0016%	8h	10.570	−0.011%	$2.8M	$2.2M	—	as long as short
Gate AVAX_USDTshort	+0.0019%	8h	10.568	−0.028%	$12.1M	$32.1M	75x
Polymarket Perps AVAX-USD	+0.0034%	1h	10.568	−0.028%	$132K	$355K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.575	+0.035%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.566	−0.046%	$1.1M	$2.6M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.567	−0.038%	$15K	$443K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.578	+0.066%	$38.1M	$43.3M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.579	+0.076%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.576	+0.047%	$266K	$130K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.574	+0.028%	$112.0M	$426.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.568	−0.028%	$78.4M	$143.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.575	+0.038%	$18.6M	$110.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.570	−0.009%	$41.5M	$79.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.568	−0.028%	$13.3M	$22.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.572	+0.009%	$31.5M	$49.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.568	−0.028%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.569	−0.019%	$371K	$534K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.589	+0.170%	$337K	$960K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.605	+0.322%	$171K	$662K	50x	as long as short
Orderly PERP_AVAX_USDClong	+0.0100%	8h	10.571	long leg	$167K	$339K	20x
SunX AVAX-USDT	+0.0100%	8h	10.598	+0.257%	$11K	$746K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.565	−0.057%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.568	−0.033%	$349K	$792K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.568	−0.028%	$28.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.557	−0.131%	$638K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.565	−0.057%	$243K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.576	+0.047%	$838K	$4.7M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.573	+0.019%	$4.7M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.565	−0.061%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0263%	1h	10.570	−0.013%	$234K	—	120x	as long as short