Funding you earn now, next payment 02:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.057%
Price spread now: Kraken Futures against Reya+0.112%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Kraken Futures is 0.112% dearer against Reya than usual: you sell high and buy low: +$11 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 | 11.105 | 0.0244 | pay 0.0030% / 1h | 43m 58s | $1K | — | 20x |
| Short | Kraken Futures PF_AVAXUSD | 11.117 | 0.0255 | get 0.0032% / 1h | 43m 58s | $4.3M | $12.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.24
- Price spread: +0.112% → 0.000%
- $11.16
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.61
- Costs to cover
- 0.160%
- Break-even
- 15.2 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: 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 Kraken Futures live order book, 5 min ago | 2.25 bp | 12.2 bp −$12 | 18.3 bp −$183 | 61.4 bp −$6,144 | 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 | −0.1423% | 1h | 11.050 | −0.494% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERP | −0.0034% | 1h | 11.101 | −0.030% | $288K | $525K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0020% | 1h | 11.120 | +0.137% | $5.2M | $8.3M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.088 | −0.153% | $102K | $105K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.114 | +0.085% | $13K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0070% | 8h | 11.114 | +0.082% | $12.1M | $36.5M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.115 | +0.091% | $1.2M | $3.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 11.111 | +0.055% | $18K | $596K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.089 | −0.142% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.115 | +0.093% | $2.3M | $1.4M | 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 | 11.091 | −0.123% | $294K | $107K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 11.117 | +0.109% | $118.6M | $471.6M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.117 | +0.109% | $88.5M | $146.1M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.116 | +0.100% | $19.8M | $127.1M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.115 | +0.091% | $48.6M | $82.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.120 | +0.137% | $15.5M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.111 | +0.055% | $33.4M | $52.4M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.118 | +0.119% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.122 | +0.155% | $356K | $548K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.094 | −0.100% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.127 | +0.200% | $353K | $807K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.113 | +0.073% | $179K | $682K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.114 | +0.082% | $130K | $369K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.128 | +0.209% | $195K | $313K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.137 | +0.288% | $12K | $721K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.116 | +0.100% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.119 | +0.130% | $361K | $939K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.118 | +0.119% | $29.7M | $5.4M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.112 | +0.066% | $668K | $2.0M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.116 | +0.104% | $255K | — | 3x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.117 | +0.109% | $5.0M | $6.0M | 100x | as long as short |
| Reya AVAXRUSDPERPlong | +0.0244% | 1h | 11.105 | long leg | $1K | — | 20x | |
| Kraken Futures PF_AVAXUSDshort | +0.0255% | 1h | 11.117 | +0.112% | $4.3M | $12.2M | 50x | |
| Coinbase International AVAX-PERP-INTX | +0.0288% | 1h | 11.118 | +0.119% | $909K | $6.1M | 50x | as long as short |
| Hyperliquid AVAX | +0.0425% | 1h | 11.133 | +0.254% | $43.4M | $48.1M | 10x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.109 | +0.041% | $236K | — | 120x | as long as short |
Kraken Futures PF_AVAXUSD
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
Hyperliquid AVAX
GMX AVAX/USD [AVAX-USDC]