Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%
Price spread now: Orderly against Pacifica+0.122%7-day average +0.037% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)−0.283%−$28 · spread now +0.122%, 7d avg +0.037%
=Together, before fees−0.350%+ Points / potential airdropPacifica: Active · farm board−$35 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: Orderly is 0.085% dearer against Pacifica than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica AVAX | 11.211 | 0.0100 | pay 0.0013% / 1h | 38m 01s | $298K | $122K | 10x |
| Short | Orderly PERP_AVAX_USDC | 11.225 | 0.0100 | get 0.0100% / 8h | 2h 38m | $202K | $302K | 20x |
Pacifica AVAX
Orderly PERP_AVAX_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Pacifica. 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
- $0
- Price spread: +0.122% → +0.037%
- $8.46
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$5.54
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 50 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 Pacifica live order book, 50 min ago | 1.81 bp | 5.8 bp −$6 | 15.6 bp −$156 | doesn't fit | 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 | −0.0196% | 1h | 11.211 | −0.003% | $5.3M | $9.4M | 25x | as long as short |
| Variational Omni AVAX | −0.0169% | 8h | 11.174 | −0.337% | $2.9M | $2.1M | — | as long as short |
| Nado AVAX-PERP | −0.0114% | 1h | 11.215 | +0.030% | $296K | $956K | 10x | as long as short |
| Injective AVAX/USDC PERP | −0.0043% | 1h | 11.100 | −0.993% | $17K | $127K | 12x | as long as short |
| Extended AVAX-USD | −0.0008% | 1h | 11.249 | +0.333% | $669K | $2.3M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.211 | −0.001% | $98K | $115K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.218 | +0.058% | $13K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0046% | 8h | 11.221 | +0.086% | $12.6M | $39.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0052% | 8h | 11.252 | +0.362% | $20.1M | $147.8M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0056% | 1h | 11.237 | +0.229% | $919K | $8.2M | 50x | as long as short |
Deribit AVAX_USDC-PERPETUAL
Variational Omni AVAX
Nado AVAX-PERP
Injective AVAX/USDC PERP
Extended AVAX-USD
dYdX AVAX-USD
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
OKX AVAX-USDT-SWAP
Coinbase International AVAX-PERP-INTXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex AVAXUSDT | +0.0062% | 8h | 11.224 | +0.113% | $30.1M | $4.8M | 50x | as long as short |
| Bybit AVAXUSDT | +0.0062% | 8h | 11.250 | +0.345% | $86.2M | $152.1M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0069% | 8h | 11.234 | +0.202% | $53.6M | $109.0M | 200x | as long as short |
| Binance AVAXUSDT | +0.0070% | 8h | 11.244 | +0.291% | $120.5M | $537.4M | 75x | as long as short |
| Paradex AVAX-USD-PERP | +0.0095% | 8h | 11.207 | −0.038% | $13K | $766 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.230 | +0.164% | $1.2M | $3.1M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.203 | −0.075% | $13K | $697K | 50x | as long as short |
| Aevo AVAX-PERP | +0.0096% | 1h | 11.212 | +0.006% | $258K | — | 3x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.224 | +0.114% | $2.3M | $1.9M | 75x | as long as short |
| Pacifica AVAXlong | +0.0100% | 1h | 11.211 | long leg | $298K | $122K | 10x | |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.218 | +0.059% | $16.0M | $24.5M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.250 | +0.345% | $34.5M | $61.2M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.232 | +0.184% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.232 | +0.184% | $333K | $557K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.170 | −0.369% | $353K | $910K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.176 | −0.316% | $180K | $684K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.220 | +0.077% | $130K | $482K | 10x | as long as short |
| Orderly PERP_AVAX_USDCshort | +0.0100% | 8h | 11.225 | +0.122% | $202K | $302K | 20x | |
| SunX AVAX-USDT | +0.0100% | 8h | 11.238 | +0.235% | $12K | $713K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.237 | +0.229% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.222 | +0.097% | $360K | $1.1M | 75x | as long as short |
| BloFin AVAX-USDT | +0.0190% | 8h | 11.196 | −0.137% | $5.0M | $8.5M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 11.217 | +0.048% | $1K | — | 20x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0255% | 1h | 11.245 | +0.297% | $4.7M | $13.7M | 50x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0405% / S −0.0244% | 1h | 11.219 | +0.067% | $242K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0465% | 1h | 11.250 | +0.345% | $42.9M | $58.1M | 10x | as long as short |
Phemex AVAXUSDT
Bybit AVAXUSDT
MEXC AVAX_USDT
Binance AVAXUSDT
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Aevo AVAX-PERP
Aster AVAXUSDT
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
SoDEX AVAX-USD
HTX AVAX-USDT
BloFin AVAX-USDT
Reya AVAXRUSDPERP
Kraken Futures PF_AVAXUSD
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX