AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Popdex against Pacifica−0.009%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$360.364% of the position

Long on Pacifica Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.006%−$1 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.009%, 7d avg +0.005%

Together, before fees+0.005%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	10.582	0.0100	pay 0.0013% / 1h	37m 56s	$266K	$130K	10x
Short	Popdex AVAXUSDT	10.581	0.0096	get 0.0012% / 1h	37m 56s	$15K	$445K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$0.84
Price spread: −0.009% → +0.005%: −$1.43
Slippage, 4 orders: −$22.03
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$38.7
Costs to cover: 0.364%
Break-even: never at this rate

Slippage from Pacifica: live order book, 10 min ago; Popdex: live order book, 11 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, 10 min ago	5.19 bp	9.3 bp −$9	17.9 bp −$179	doesn't fit	doesn't fit
Sell Popdex live order book, 11 min ago	1.89 bp	7.0 bp −$7	21.3 bp −$213	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	10.760	+1.682%	$17K	$152K	12x	as long as short
Kraken Futures PF_AVAXUSD	−0.0282%	1h	10.588	+0.058%	$4.2M	$11.4M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.580	−0.022%	$92K	$101K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.584	+0.019%	$4.7M	$7.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.585	+0.033%	$12K	—	150x	as long as short
Nado AVAX-PERP	+0.0006%	1h	10.574	−0.071%	$293K	$335K	10x	as long as short
Variational Omni AVAX	+0.0016%	8h	10.570	−0.115%	$2.8M	$2.2M	—	as long as short
Gate AVAX_USDT	+0.0023%	8h	10.614	+0.302%	$12.1M	$32.3M	75x	as long as short
Polymarket Perps AVAX-USD	+0.0050%	1h	10.582	0.000%	$132K	$355K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0096%	8h	10.579	−0.027%	$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	10.586	+0.039%	$1.2M	$2.6M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	10.581	−0.009%	$15K	$445K	50x
Hyperliquid AVAX	+0.0100%	1h	10.601	+0.180%	$38.1M	$43.3M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.617	+0.330%	$2.1M	$1.1M	75x	as long as short
Pacifica AVAXlong	+0.0100%	1h	10.582	long leg	$266K	$130K	10x
Binance AVAXUSDT	+0.0100%	8h	10.627	+0.425%	$112.6M	$430.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.622	+0.378%	$78.9M	$144.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.622	+0.378%	$18.6M	$112.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.625	+0.406%	$41.9M	$79.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.619	+0.350%	$13.3M	$22.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.616	+0.321%	$31.7M	$49.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.627	+0.425%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.594	+0.113%	$373K	$535K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.586	+0.035%	$335K	$957K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.587	+0.047%	$171K	$663K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.587	+0.047%	$167K	$339K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.612	+0.286%	$12K	$749K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.583	+0.009%	$17K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.579	−0.024%	$341K	$793K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.586	+0.038%	$28.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.614	+0.304%	$638K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.580	−0.019%	$243K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0216%	1h	10.588	+0.057%	$841K	$4.8M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.575	−0.066%	$4.6M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.578	−0.033%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0444% / S −0.0263%	1h	10.584	+0.020%	$234K	—	120x	as long as short