AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.010%

Price spread now: BloFin against SunX−0.251%55s7-day average −0.253% · you buy dearer than you sell

Net, funding: paid 7d − costs−$154as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1701.698% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.156%+$16 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.251%, 7d avg −0.253%

Together, before fees+0.175%+$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.253%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX AVAX-USDT	11.284	0.0100	pay 0.0100% / 8h	1h 36m	$12K	$729K	20x
Short	BloFin AVAX-USDT	11.256	0.0220	get 0.0220% / 8h	1h 36m	$5.0M	$8.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.251%Rate

Funding earned: $25.2
Price spread: −0.251% → −0.253%: $0.24
Slippage, 4 orders: −$149.84
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$144.4
Costs to cover: 1.698%
Break-even: 47.1 days

Slippage from SunX: live order book, 36 min ago; BloFin: live order book, 3 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, 36 min ago	41.86 bp	55.4 bp −$55	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.44 bp	7.2 bp −$7	14.4 bp −$144	34.4 bp −$3,442	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	−0.0570%	1h	11.220	−0.570%	$17K	$151K	12x	as long as short
Variational Omni AVAX	−0.0031%	8h	11.242	−0.373%	$3.0M	$2.4M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0017%	1h	11.253	−0.277%	$5.3M	$9.2M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.257	−0.238%	$99K	$107K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.255	−0.257%	$16K	—	150x	as long as short
Nado AVAX-PERP	+0.0004%	1h	11.255	−0.260%	$297K	$896K	10x	as long as short
Lighter AVAX	+0.0096%	1h	11.253	−0.280%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.257	−0.242%	$16K	$694K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	11.255	−0.261%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.255	−0.261%	$2.3M	$1.8M	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	11.261	−0.207%	$299K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.248	−0.322%	$120.2M	$526.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.248	−0.322%	$88.2M	$157.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.250	−0.304%	$20.2M	$146.6M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.251	−0.295%	$12.6M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.251	−0.295%	$52.2M	$99.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.256	−0.251%	$16.7M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.250	−0.304%	$34.3M	$60.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.252	−0.286%	—	$89.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.252	−0.286%	$359K	$571K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.254	−0.269%	$359K	$898K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.258	−0.233%	$181K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.256	−0.251%	$134K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.263	−0.189%	$203K	$301K	20x	as long as short
SunX AVAX-USDTlong	+0.0100%	8h	11.284	long leg	$12K	$729K	20x
SoDEX AVAX-USD	+0.0100%	1h	11.251	−0.295%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.254	−0.273%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.254	−0.269%	$30.3M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.251	−0.294%	$669K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.190	−0.836%	$257K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.278	−0.056%	$910K	$8.3M	50x	as long as short
BloFin AVAX-USDTshort	+0.0220%	8h	11.256	−0.251%	$5.0M	$8.0M	100x
Reya AVAXRUSDPERP	+0.0244%	1h	11.252	−0.285%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0396% / S −0.0236%	1h	11.254	−0.269%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0581%	1h	11.270	−0.127%	$43.6M	$57.1M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0628%	1h	11.257	−0.242%	$4.6M	$13.5M	50x	as long as short