AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h −0.012%

Price spread now: Kraken Futures against Polymarket Perps+0.017%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

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

costs, in and out, $10k−$380.376% of the position

Long on Polymarket Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 3 days (all we have)−0.115%−$12 · spread now +0.017%, 7d avg +0.019%

Together, before fees−0.183%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps AVAX-USD	11.194	0.0100	pay 0.0013% / 1h	7m 08s	$131K	$370K	10x
Short	Kraken Futures PF_AVAXUSD	11.196	0.0215	get 0.0027% / 1h	7m 08s	$4.3M	$12.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Polymarket Perps. 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 Polymarket PerpsbpFee Kraken FuturesbpOrdersPrice spread, now +0.017%Rate

Funding earned: $24.12
Price spread: +0.017% → +0.019%: −$0.21
Slippage, 4 orders: −$19.6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$13.7
Costs to cover: 0.376%
Break-even: 11.0 days

Slippage from Polymarket Perps: live order book, 65 min ago; Kraken Futures: live order book, 2 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 Polymarket Perps live order book, 65 min ago	2.67 bp	6.7 bp −$7	7.7 bp −$77	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	2.68 bp	9.6 bp −$10	17.5 bp −$175	54.5 bp −$5,446	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	−0.1363%	1h	11.170	−0.214%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0107%	1h	11.190	−0.036%	$5.3M	$8.4M	25x	as long as short
Nado AVAX-PERP	−0.0066%	1h	11.196	+0.018%	$294K	$680K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.200	+0.050%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.193	−0.009%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.192	−0.016%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.193	−0.009%	$15K	$606K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.194	−0.002%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.191	−0.024%	$2.3M	$1.5M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.197	+0.030%	$297K	$107K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.190	−0.033%	$119.6M	$474.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.189	−0.045%	$88.9M	$147.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.188	−0.054%	$20.0M	$130.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.190	−0.036%	$12.2M	$38.6M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.193	−0.009%	$50.9M	$89.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.195	+0.009%	$15.4M	$23.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.193	−0.009%	$34.0M	$53.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.192	−0.018%	—	$84.0M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.193	−0.009%	$358K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.214	+0.176%	$3.0M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.209	+0.134%	$353K	$847K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.211	+0.152%	$180K	$687K	50x	as long as short
Polymarket Perps AVAX-USDlong	+0.0100%	1h	11.194	long leg	$131K	$370K	10x
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.199	+0.045%	$197K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.221	+0.239%	$12K	$719K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.192	−0.018%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.191	−0.031%	$364K	$944K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.192	−0.018%	$30.0M	$5.1M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.190	−0.038%	$671K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.189	−0.045%	$257K	—	3x	as long as short
Kraken Futures PF_AVAXUSDshort	+0.0215%	1h	11.196	+0.017%	$4.3M	$12.5M	50x
BloFin AVAX-USDT	+0.0220%	8h	11.196	+0.018%	$5.0M	$6.1M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.191	−0.029%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.202	+0.071%	$911K	$6.4M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0297%	1h	11.191	−0.031%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0665%	1h	11.209	+0.137%	$43.8M	$48.9M	10x	as long as short