AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.015%

Price spread now: Binance against SunX+0.033%7-day average −0.270% · you sell dearer than you buy

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1691.685% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.033%, 7d avg −0.270%

Together, before fees−0.127%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.303% dearer against SunX than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.270%): +$30 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 34 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	11.238	0.0100	pay 0.0100% / 8h	2h 37m	$12K	$713K	20x
Short	Binance AVAXUSDT	11.241	0.0070	get 0.0070% / 8h	2h 37m	$120.7M	$537.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.033%Rate

Funding earned: −$6.23
Price spread: +0.033% → −0.270%: $30.3
Slippage, 4 orders: −$150.54
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$144.48
Costs to cover: 1.685%
Break-even: never at this rate

Slippage from SunX: live order book, 43 min ago; Binance: live order book, 6 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 SunX live order book, 43 min ago	41.89 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.45 bp	5.7 bp −$6	14.4 bp −$144	51.8 bp −$5,180	143.2 bp −$71.6K

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	−0.0196%	1h	11.211	−0.238%	$5.3M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0169%	8h	11.174	−0.571%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0114%	1h	11.215	−0.204%	$296K	$956K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.100	−1.225%	$17K	$127K	12x	as long as short
Extended AVAX-USD	−0.0008%	1h	11.239	+0.010%	$669K	$2.3M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.243	+0.048%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.218	−0.176%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0045%	8h	11.245	+0.065%	$12.6M	$39.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0052%	8h	11.240	+0.020%	$20.1M	$147.7M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.237	−0.006%	$919K	$8.2M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex AVAXUSDT	+0.0062%	8h	11.224	−0.122%	$30.1M	$4.8M	50x	as long as short
Bybit AVAXUSDT	+0.0065%	8h	11.242	+0.038%	$86.7M	$152.1M	75x	as long as short
MEXC AVAX_USDT	+0.0070%	8h	11.238	+0.003%	$53.5M	$109.0M	200x	as long as short
Binance AVAXUSDTshort	+0.0070%	8h	11.241	+0.033%	$120.7M	$537.3M	75x
Paradex AVAX-USD-PERP	+0.0095%	8h	11.237	−0.003%	$13K	$766	20x	as long as short
Lighter AVAX	+0.0096%	1h	11.240	+0.019%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.203	−0.309%	$13K	$697K	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	11.212	−0.229%	$258K	—	3x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.249	+0.098%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.244	+0.057%	$299K	$122K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.246	+0.074%	$16.1M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.242	+0.038%	$34.5M	$61.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.241	+0.029%	—	$90.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.232	−0.051%	$333K	$557K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.170	−0.603%	$353K	$910K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.176	−0.549%	$180K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.220	−0.158%	$130K	$482K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.225	−0.113%	$202K	$302K	20x	as long as short
SunX AVAX-USDTlong	+0.0100%	8h	11.238	long leg	$12K	$713K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.237	−0.006%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.222	−0.138%	$360K	$1.1M	75x	as long as short
BloFin AVAX-USDT	+0.0190%	8h	11.196	−0.371%	$5.0M	$8.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.217	−0.186%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.245	+0.062%	$4.7M	$13.7M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0244%	1h	11.219	−0.168%	$242K	—	120x	as long as short
Hyperliquid AVAX	+0.0462%	1h	11.260	+0.202%	$42.9M	$58.1M	10x	as long as short