AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%

Price spread now: ApeX Omni against Pacifica+0.489%51s7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as 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−$510.513% of the position

Long on Pacifica Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.489%, 7d avg +0.036%

Together, before fees−0.095%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.453% dearer against Pacifica than usual: you sell high and buy low (spread +0.489% now, against its 7-day average of +0.036%): +$45 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 36 days. At the pace of the last 7 days (−0.003% in total) that is about years. The two prices were read 51 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	Pacifica AVAX	11.083	0.0100	pay 0.0013% / 1h	50m 23s	$289K	$114K	10x
Short	ApeX Omni AVAXUSDT	11.137	0.0058	get 0.0007% / 1h	50m 23s	$179K	$673K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.489%Rate

Funding earned: −$8.75
Price spread: +0.489% → +0.036%: $45.31
Slippage, 4 orders: −$33.29
Fee Pacifica: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$14.73
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from Pacifica: live order book, 8 min ago; ApeX Omni: live order book, 8 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, 8 min ago	5.39 bp	9.4 bp −$9	18.2 bp −$182	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 8 min ago	6.29 bp	14.2 bp −$14	87.3 bp −$873	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	−0.1423%	1h	11.090	+0.065%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0201%	1h	11.086	+0.029%	$5.2M	$7.9M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.077	−0.056%	$97K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.082	−0.006%	$13K	—	150x	as long as short
Nado AVAX-PERP	+0.0009%	1h	11.080	−0.025%	$285K	$394K	10x	as long as short
ApeX Omni AVAXUSDTshort	+0.0058%	1h	11.137	+0.489%	$179K	$673K	50x
Lighter AVAX	+0.0096%	1h	11.073	−0.085%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.076	−0.061%	$16K	$582K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.082	−0.003%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.075	−0.070%	$2.3M	$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	11.083	long leg	$289K	$114K	10x
Binance AVAXUSDT	+0.0100%	8h	11.080	−0.025%	$117.8M	$427.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.078	−0.043%	$88.2M	$137.5M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.078	−0.043%	$20.2M	$115.6M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.082	−0.007%	$12.1M	$34.0M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.085	+0.020%	$48.2M	$77.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.086	+0.029%	$15.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.081	−0.016%	$33.3M	$48.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.084	+0.011%	—	$80.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.091	+0.074%	$335K	$524K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.091	+0.070%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.137	+0.489%	$355K	$835K	10x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.085	+0.020%	$130K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.084	+0.011%	$195K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.126	+0.393%	$12K	$702K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.090	+0.065%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.111	+0.253%	$365K	$829K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.094	+0.101%	$29.6M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.069	−0.123%	$680K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.090	+0.063%	$255K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0212%	1h	11.093	+0.089%	$4.3M	$11.3M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.093	+0.092%	$5.1M	$5.4M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.105	+0.200%	$890K	$5.3M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.081	−0.019%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.083	−0.001%	$235K	—	120x	as long as short
Hyperliquid AVAX	+0.0695%	1h	11.100	+0.155%	$43.3M	$42.2M	10x	as long as short