AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Aevo against Pacifica+0.001%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$750as in the Funding arb table

Net, price: spread back to 7d avg − costs−$746as in the Price arb table

costs, in and out, $10k−$7497.490% of the position

Long on Pacifica Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%$0 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.001%, 7d avg −0.027%

Together, before fees−0.135%+ Points / potential airdropPacifica: Active · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.028% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	10.938	0.0100	pay 0.0013% / 1h	32m 28s	$275K	$131K	10x
Short	Aevo AVAX-PERP	10.938	0.0104	get 0.0013% / 1h	32m 28s	$251K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Pacifica. 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 PacificabpFee AevobpOrdersPrice spread, now +0.001%Rate

Funding earned: $0.84
Price spread: +0.001% → −0.027%: $2.78
Slippage, 4 orders: −$725.05
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$745.43
Costs to cover: 7.490%
Break-even: 6218.9 days

Slippage from Pacifica: live order book, 21 min ago; Aevo: live order book, 21 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 Pacifica live order book, 21 min ago	4.54 bp	8.5 bp −$9	17.0 bp −$170	doesn't fit	doesn't fit
Sell Aevo live order book, 21 min ago	179.73 bp	373.8 bp −$374	doesn't fit	doesn't fit	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
Injective AVAX/USDC PERP	−0.1421%	1h	10.900	−0.351%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.939	+0.006%	$96K	$97K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.945	+0.060%	$5.0M	$7.8M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.938	−0.006%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.947	+0.075%	$4.2M	$11.2M	50x	as long as short
Nado AVAX-PERP	+0.0030%	1h	10.933	−0.050%	$284K	$318K	10x	as long as short
Lighter AVAX	+0.0096%	1h	10.935	−0.034%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.937	−0.013%	$15K	$452K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.935	−0.027%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.942	+0.033%	$2.2M	$1.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXlong	+0.0100%	1h	10.938	long leg	$275K	$131K	10x
Binance AVAXUSDT	+0.0100%	8h	10.937	−0.013%	$115.0M	$427.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.931	−0.068%	$83.1M	$140.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.936	−0.022%	$20.0M	$112.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.933	−0.050%	$12.1M	$32.4M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.936	−0.022%	$45.3M	$78.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.939	+0.005%	$15.3M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.936	−0.022%	$32.9M	$47.7M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.935	−0.031%	—	$54.7M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.947	+0.078%	$372K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.931	−0.072%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.945	+0.059%	$354K	$923K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.963	+0.225%	$176K	$668K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.936	−0.022%	$128K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.942	+0.033%	$192K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.967	+0.265%	$12K	$722K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.943	+0.042%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.940	+0.011%	$364K	$779K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.945	+0.060%	$29.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.932	−0.055%	$675K	$1.4M	25x	as long as short
Aevo AVAX-PERPshort	+0.0104%	1h	10.938	+0.001%	$251K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	10.944	+0.051%	$4.9M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.951	+0.115%	$892K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.933	−0.049%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0331%	1h	10.949	+0.097%	$42.0M	$41.4M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.938	0.000%	$232K	—	120x	as long as short