Funding you earn now, next payment 09:00 UTC−0.0149%/8h= −16.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.046%
Price spread now: Popdex against Reya+0.076%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Popdex is 0.076% dearer against Reya than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AVAXRUSDPERP | 10.774 | 0.0245 | pay 0.0031% / 1h | 38m 45s | $1K | — | 20x |
| Short | Popdex AVAXUSDT | 10.782 | 0.0096 | get 0.0012% / 1h | 38m 45s | $22K | $468K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$31.26
- Price spread: +0.076% → 0.000%
- $7.58
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$36.08
- Costs to cover
- 0.124%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Popdex: live order book, 60 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 Popdex live order book, 60 min ago | 1.87 bp | 8.6 bp −$9 | 16.2 bp −$162 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AVAXUSD | −0.0265% | 1h | 10.780 | +0.060% | $3.7M | $11.6M | 50x | as long as short |
| Nado AVAX-PERP | −0.0248% | 1h | 10.779 | +0.053% | $281K | $326K | 10x | as long as short |
| Phemex AVAXUSDT | −0.0140% | 8h | 10.773 | −0.008% | $28.7M | $5.7M | 50x | as long as short |
| Variational Omni AVAX | −0.0080% | 8h | 10.771 | −0.029% | $3.0M | $2.2M | — | as long as short |
| SoDEX AVAX-USD | −0.0055% | 1h | 10.775 | +0.011% | $18K | $68K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.795 | +0.193% | $92K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.781 | +0.066% | $4.8M | $6.8M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.780 | +0.062% | $12K | — | 150x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −0.128% | $17K | $151K | 12x | as long as short |
| Gate AVAX_USDT | +0.0038% | 8h | 10.776 | +0.020% | $13.8M | $28.8M | 75x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0089% | 8h | 10.766 | −0.077% | $12K | $212 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.768 | −0.059% | $1.2M | $2.1M | 10x | as long as short |
| Popdex AVAXUSDTshort | +0.0096% | 1h | 10.782 | +0.076% | $22K | $468K | 50x | |
| Hyperliquid AVAX | +0.0100% | 1h | 10.786 | +0.113% | $35.9M | $40.2M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.775 | +0.011% | $2.4M | $1.4M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.774 | +0.002% | $271K | $128K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.769 | −0.045% | $113.5M | $398.3M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.767 | −0.063% | $84.2M | $138.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.772 | −0.017% | $18.9M | $106.9M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.769 | −0.045% | $53.1M | $79.2M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.770 | −0.036% | $13.9M | $21.3M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.773 | −0.008% | $32.9M | $45.6M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.774 | +0.002% | — | $53.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.777 | +0.029% | $439K | $533K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.781 | +0.071% | $344K | $1.2M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.780 | +0.057% | $174K | $660K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.795 | +0.196% | $136K | $287K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.784 | +0.094% | $233K | $239K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.819 | +0.423% | $11K | $774K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.787 | +0.127% | $334K | $871K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.769 | −0.043% | $612K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.772 | −0.016% | $247K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.793 | +0.178% | $856K | $5.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.773 | −0.008% | $4.7M | $5.5M | 100x | as long as short |
| Reya AVAXRUSDPERPlong | +0.0245% | 1h | 10.774 | long leg | $1K | — | 20x | |
| GMX AVAX/USD [AVAX-USDC] | L +0.0443% / S −0.0294% | 1h | 10.782 | +0.080% | $228K | — | 120x | as long as short |
Popdex AVAXUSDT
Kraken Futures PF_AVAXUSD
Phemex AVAXUSDT
Variational Omni AVAX
SoDEX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Injective AVAX/USDC PERP
Gate AVAX_USDT
Paradex AVAX-USD-PERP
Lighter AVAX
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]