AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h −0.019%

Price spread now: Kraken Futures against Aevo+0.043%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$854as in the Funding arb table

Net, price: spread back to 7d avg − costs−$845as in the Price arb table

costs, in and out, $10k−$8428.424% of the position

Long on Aevo Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.043%, 7d avg +0.069%

Together, before fees−0.126%−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.026% cheaper against Aevo than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.069%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AVAX-PERP	11.226	0.0104	pay 0.0013% / 1h	39m 45s	$258K	—	3x
Short	Kraken Futures PF_AVAXUSD	11.230	0.0270	get 0.0034% / 1h	39m 45s	$4.6M	$13.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aevo. 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 AevobpFee Kraken FuturesbpOrdersPrice spread, now +0.043%Rate

Funding earned: $34.93
Price spread: +0.043% → +0.069%: −$2.62
Slippage, 4 orders: −$816.42
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$810.11
Costs to cover: 8.424%
Break-even: 169.3 days

Slippage from Aevo: live order book, 39 min ago; Kraken Futures: live order book, 4 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 Aevo live order book, 39 min ago	190.56 bp	399.9 bp −$400	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	2.22 bp	11.7 bp −$12	17.1 bp −$171	47.7 bp −$4,769	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	−0.1451%	1h	11.200	−0.227%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.223	−0.022%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0087%	1h	11.231	+0.049%	$296K	$884K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.233	+0.064%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.229	+0.031%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0065%	8h	11.239	+0.121%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.235	+0.088%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.230	+0.040%	$18K	$676K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.231	+0.050%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.236	+0.092%	$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	11.240	+0.127%	$299K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.233	+0.071%	$120.2M	$516.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.232	+0.058%	$89.3M	$155.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.231	+0.049%	$20.2M	$144.3M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.232	+0.058%	$12.2M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.233	+0.067%	$52.1M	$93.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.236	+0.094%	$15.8M	$24.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.232	+0.058%	$34.2M	$58.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.233	+0.067%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.231	+0.049%	$359K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.244	+0.164%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.250	+0.218%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.230	+0.040%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.235	+0.085%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.258	+0.287%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.225	−0.004%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.213	−0.110%	$362K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.225	−0.004%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.230	+0.036%	$672K	$2.1M	25x	as long as short
Aevo AVAX-PERPlong	+0.0104%	1h	11.226	long leg	$258K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	11.236	+0.094%	$5.0M	$7.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.226	+0.002%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSDshort	+0.0270%	1h	11.230	+0.043%	$4.6M	$13.2M	50x
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.254	+0.254%	$917K	$8.0M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0421% / S −0.0274%	1h	11.228	+0.025%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0826%	1h	11.253	+0.245%	$43.7M	$55.0M	10x	as long as short