AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Popdex against Aevo+0.013%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$742as in the Price arb table

costs, in and out, $10k−$7407.401% of the position

Long on Aevo Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.013%, 7d avg +0.033%

Together, before fees+0.180%+$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.020% cheaper against Aevo than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo AVAX-PERP	10.988	0.0104	pay 0.0013% / 1h	45m 11s	$252K	—	3x
Short	Popdex AVAXUSDT	10.989	0.0096	get 0.0012% / 1h	45m 11s	$15K	$456K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$1.68
Price spread: +0.013% → +0.033%: −$2.04
Slippage, 4 orders: −$717.67
Fee Aevo: 8 bp × 2 orders: −$16
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$743.79
Costs to cover: 7.401%
Break-even: never at this rate

Slippage from Aevo: live order book, 9 min ago; Popdex: live order book, 9 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, 9 min ago	179.73 bp	354.1 bp −$354	doesn't fit	doesn't fit	doesn't fit
Sell Popdex live order book, 9 min ago	1.36 bp	5.7 bp −$6	19.6 bp −$196	doesn't fit	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	−0.1421%	1h	10.960	−0.251%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0023%	1h	10.992	+0.040%	$5.1M	$7.8M	25x	as long as short
Nado AVAX-PERP	−0.0006%	1h	10.986	−0.010%	$285K	$319K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.990	+0.022%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.989	+0.013%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.992	+0.038%	$4.2M	$11.3M	50x	as long as short
Lighter AVAX	+0.0096%	1h	10.988	+0.003%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	10.989	+0.013%	$15K	$456K	50x
Paradex AVAX-USD-PERP	+0.0100%	8h	10.989	+0.009%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.991	+0.031%	$2.2M	$1.1M	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	10.994	+0.061%	$277K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.987	−0.002%	$116.1M	$427.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.978	−0.088%	$83.9M	$140.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.983	−0.042%	$20.2M	$113.5M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.986	−0.015%	$12.2M	$32.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.987	−0.006%	$45.9M	$78.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.994	+0.058%	$15.5M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.985	−0.024%	$33.1M	$47.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.984	−0.033%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.985	−0.024%	$369K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.991	+0.027%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.998	+0.095%	$351K	$900K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.004	+0.149%	$177K	$668K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.990	+0.022%	$129K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.994	+0.058%	$193K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.020	+0.293%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.990	+0.022%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.992	+0.044%	$366K	$791K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.992	+0.040%	$29.3M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.988	+0.003%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERPlong	+0.0104%	1h	10.988	long leg	$252K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	10.993	+0.049%	$5.0M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.000	+0.113%	$893K	$5.2M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.987	−0.003%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0406%	1h	11.000	+0.109%	$42.7M	$41.6M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.991	+0.029%	$233K	—	120x	as long as short