Funding you earn now, next payment 06:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: Popdex against ApeX Omni−0.207%57s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.460% of the position
Funding, last 4 days (all we have)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.207%, 7d avg −0.030%
=Funding pays, the price is against you. Popdex is 0.177% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.030%). If the spread goes back, that is −$18 on $10k: about 3.7 days of funding at the current rate (+$5 a day). The two prices were read 57 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 | ApeX Omni AVAXUSDT | 10.619 | −0.0063 | get 0.0008% / 1h | 48m 13s | $171K | $666K | 50x |
| Short | Popdex AVAXUSDT | 10.597 | 0.0096 | get 0.0012% / 1h | 48m 13s | $10K | $447K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against ApeX Omni. 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
- $33.45
- Price spread: −0.207% → −0.030%
- −$17.68
- Slippage, 4 orders
- −$29.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$30.21
- Costs to cover
- 0.460%
- Break-even
- 13.3 days
Slippage from ApeX Omni: live order book, 65 min ago; Popdex: live order book, 1 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 ApeX Omni live order book, 65 min ago | 6.36 bp | 15.7 bp −$16 | 64.9 bp −$649 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 1 min ago | 1.89 bp | 7.0 bp −$7 | 21.3 bp −$213 | 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 | −0.1423% | 1h | 10.760 | +1.328% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0282% | 1h | 10.598 | −0.194% | $4.2M | $11.3M | 50x | as long as short |
| ApeX Omni AVAXUSDTlong | −0.0063% | 1h | 10.619 | long leg | $171K | $666K | 50x | |
| Deribit AVAX_USDC-PERPETUAL | −0.0033% | 1h | 10.592 | −0.254% | $4.8M | $7.6M | 25x | as long as short |
| Polymarket Perps AVAX-USD | −0.0013% | 1h | 10.599 | −0.188% | $130K | $345K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.595 | −0.225% | $93K | $101K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.598 | −0.198% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0015% | 8h | 10.596 | −0.217% | $12.0M | $31.7M | 75x | as long as short |
| Variational Omni AVAX | +0.0037% | 8h | 10.617 | −0.022% | $2.8M | $2.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0053% | 1h | 10.594 | −0.235% | $369K | $532K | 15x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado AVAX-PERP | +0.0093% | 1h | 10.601 | −0.170% | $290K | $326K | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 10.589 | −0.284% | $12K | $212 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.590 | −0.272% | $1.2M | $2.6M | 10x | as long as short |
| Popdex AVAXUSDTshort | +0.0096% | 1h | 10.597 | −0.207% | $10K | $447K | 50x | |
| Hyperliquid AVAX | +0.0100% | 1h | 10.602 | −0.160% | $38.2M | $43.0M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.586 | −0.309% | $2.1M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.601 | −0.174% | $266K | $130K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.596 | −0.217% | $111.1M | $425.2M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.594 | −0.235% | $78.6M | $142.9M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.599 | −0.188% | $18.6M | $110.2M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.597 | −0.207% | $41.0M | $78.9M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.597 | −0.207% | $13.5M | $22.6M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.587 | −0.301% | $31.4M | $48.7M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.593 | −0.245% | — | $54.7M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.618 | −0.009% | $335K | $950K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.598 | −0.198% | $165K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.620 | +0.008% | $11K | $740K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.590 | −0.273% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.604 | −0.137% | $351K | $787K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.600 | −0.179% | $28.3M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.585 | −0.319% | $638K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.591 | −0.268% | $243K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.598 | −0.198% | $856K | $4.7M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.599 | −0.188% | $4.7M | $5.5M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0244% | 1h | 10.591 | −0.265% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0277% | 1h | 10.597 | −0.211% | $230K | — | 120x | as long as short |
ApeX Omni AVAXUSDT
Popdex AVAXUSDT
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Deribit AVAX_USDC-PERPETUAL
Polymarket Perps AVAX-USD
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Variational Omni AVAX
Backpack AVAX_USDC_PERP
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
GRVT AVAX_USDT_Perp
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]