AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h +0.043%

Price spread now: Reya against Pacifica−0.058%7-day average — · you buy dearer than you sell

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

Long on Pacifica Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.058% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 32 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.255	0.0100	pay 0.0013% / 1h	54m 11s	$299K	$120K	10x
Short	Reya AVAXRUSDPERP	11.248	0.0244	get 0.0030% / 1h	54m 11s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.058%Rate

Funding earned: $30.18
Price spread: −0.058% → 0.000%: −$5.77
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Reya: 3 bp × 2 orders: −$6
Net: $10.41
Costs to cover: 0.140%
Break-even: 4.6 days

Slippage unknown: Pacifica: live order book, 24 min ago; Reya: 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, 24 min ago	6.22 bp	10.8 bp −$11	20.3 bp −$203	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.1451%	1h	11.200	−0.485%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0105%	1h	11.249	−0.049%	$5.3M	$9.0M	25x	as long as short
Nado AVAX-PERP	−0.0098%	1h	11.247	−0.067%	$297K	$891K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.252	−0.023%	$104K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.250	−0.041%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0042%	8h	11.222	−0.289%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.251	−0.032%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.251	−0.032%	$18K	$677K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.244	−0.091%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.250	−0.041%	$2.3M	$1.8M	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	11.255	long leg	$299K	$120K	10x
Binance AVAXUSDT	+0.0100%	8h	11.250	−0.041%	$120.3M	$521.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.250	−0.041%	$89.5M	$156.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.251	−0.032%	$20.3M	$145.7M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.250	−0.041%	$12.5M	$39.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.250	−0.041%	$51.2M	$93.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.255	+0.004%	$15.8M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.251	−0.032%	$34.3M	$59.6M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.247	−0.067%	—	$87.8M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.246	−0.076%	$360K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.225	−0.262%	$358K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.225	−0.263%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.252	−0.023%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.256	+0.013%	$205K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.279	+0.215%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.249	−0.049%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.248	−0.054%	$364K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.249	−0.049%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.248	−0.055%	$669K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.251	−0.030%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.242	−0.112%	$5.0M	$7.9M	100x	as long as short
Reya AVAXRUSDPERPshort	+0.0244%	1h	11.248	−0.058%	$1K	—	20x
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.257	+0.022%	$4.6M	$13.3M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.253	−0.014%	$918K	$8.1M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0416% / S −0.0266%	1h	11.248	−0.061%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0808%	1h	11.269	+0.128%	$43.6M	$55.2M	10x	as long as short