AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0567%/8h= +62.1% APRnext payment +$0.71 per $10,000 · paid last 24h +0.026%

Price spread now: Hyperliquid against Reya+0.203%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Hyperliquid

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 airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Hyperliquid is 0.203% dearer against Reya than usual: you sell high and buy low: +$20 more if the spread 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	Reya AVAXRUSDPERP	11.246	0.0244	pay 0.0030% / 1h	28m 30s	$1K	—	20x
Short	Hyperliquid AVAX	11.269	0.0811	get 0.0101% / 1h	28m 30s	$43.8M	$55.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Reya. 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 ReyabpFee HyperliquidbpOrdersPrice spread, now +0.203%Rate

Funding earned: $119.12
Price spread: +0.203% → 0.000%: $20.26
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $124.38
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 5 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 5 min ago	0.89 bp	7.3 bp −$7	13.0 bp −$130	doesn't fit	doesn't fit

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	11.190	−0.500%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.244	−0.020%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0097%	1h	11.247	+0.011%	$297K	$878K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.248	+0.012%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.251	+0.042%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0080%	8h	11.235	−0.098%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.249	+0.028%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.248	+0.016%	$18K	$670K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.246	−0.004%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.249	+0.028%	$2.3M	$1.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.252	+0.053%	$299K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.250	+0.034%	$120.4M	$512.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.251	+0.043%	$89.6M	$155.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.250	+0.034%	$20.2M	$144.0M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.247	+0.007%	$12.5M	$40.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.248	+0.016%	$51.5M	$93.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.254	+0.069%	$15.8M	$24.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.250	+0.034%	$34.3M	$58.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.249	+0.025%	—	$86.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.248	+0.016%	$360K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.239	−0.064%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	−0.073%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.251	+0.043%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.259	+0.114%	$205K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.270	+0.210%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.246	−0.002%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.245	−0.006%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.246	−0.002%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.245	−0.007%	$672K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.241	−0.045%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.246	−0.002%	$5.0M	$7.5M	100x	as long as short
Reya AVAXRUSDPERPlong	+0.0244%	1h	11.246	long leg	$1K	—	20x
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.249	+0.026%	$4.6M	$13.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.245	−0.011%	$914K	$7.8M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0425% / S −0.0280%	1h	11.251	+0.041%	$237K	—	120x	as long as short
Hyperliquid AVAXshort	+0.0811%	1h	11.269	+0.203%	$43.8M	$55.1M	10x