AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0002%/8h= −0.3% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%

Price spread now: Paradex against Phemex−0.027%7-day average — · you buy dearer than you sell

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

Long on Phemex Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.027% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVAXUSDT	11.301	0.0100	pay 0.0100% / 8h	2h 11m	$30.3M	$4.9M	50x
Short	Paradex AVAX-USD-PERP	11.298	0.0098	get 0.0098% / 8h	2h 11m	$13K	$766	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Phemex. 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 PhemexbpFee ParadexbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$0.51
Price spread: −0.027% → 0.000%: −$2.74
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$19.25
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; Paradex: 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 Phemex live order book, 3 min ago	2.65 bp	16.0 bp −$16	23.9 bp −$239	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0192%	1h	11.297	−0.035%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0102%	8h	11.280	−0.186%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0079%	1h	11.310	+0.077%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.280	−0.186%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.304	+0.029%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.319	+0.159%	$16K	—	150x	as long as short
Gate AVAX_USDT	+0.0056%	8h	11.300	−0.009%	$12.7M	$40.4M	75x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.324	+0.204%	$994K	$8.3M	50x	as long as short
OKX AVAX-USDT-SWAP	+0.0083%	8h	11.314	+0.115%	$20.3M	$149.2M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.299	−0.020%	$1.3M	$3.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	11.309	+0.071%	$10K	$702K	50x	as long as short
MEXC AVAX_USDT	+0.0096%	8h	11.314	+0.115%	$55.9M	$110.3M	200x	as long as short
Binance AVAXUSDT	+0.0097%	8h	11.318	+0.153%	$121.3M	$537.3M	75x	as long as short
Paradex AVAX-USD-PERPshort	+0.0098%	8h	11.298	−0.027%	$13K	$766	20x
Aster AVAXUSDT	+0.0100%	8h	11.306	+0.041%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.303	+0.016%	$300K	$121K	10x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.319	+0.159%	$90.7M	$155.8M	75x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.309	+0.071%	$16.2M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.315	+0.124%	$34.9M	$61.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.318	+0.150%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.298	−0.027%	$338K	$566K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.317	+0.138%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.295	−0.053%	$182K	$681K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.317	+0.142%	$133K	$482K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.307	+0.053%	$203K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.328	+0.242%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.296	−0.044%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.299	−0.022%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDTlong	+0.0100%	8h	11.301	long leg	$30.3M	$4.9M	50x
Extended AVAX-USD	+0.0104%	1h	11.300	−0.012%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.293	−0.068%	$259K	—	3x	as long as short
BloFin AVAX-USDT	+0.0216%	8h	11.315	+0.124%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.315	+0.122%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.306	+0.046%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.300	−0.011%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0669%	1h	11.333	+0.283%	$44.0M	$58.9M	10x	as long as short