AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0166%/8h= −18.2% APRnext payment −$1.66 per $10,000 · paid last 24h −0.008%

Price spread now: Bybit against Binance−0.028%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.037%−$4 on $10k

Price spread, last 7 days−0.004%$0 · spread now −0.028%, 7d avg −0.030%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	10.901	0.0095	pay 0.0095% / 8h	5h 08m	$114.7M	$364.7M	75x
Short	Bybit AVAXUSDT	10.898	−0.0071	pay 0.0071% / 8h	5h 08m	$84.9M	$129.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$34.89
Price spread: −0.028% → −0.030%: $0.24
Slippage, 4 orders: −$9.02
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$64.66
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Bybit: 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 Binance live order book, 13 min ago	0.46 bp	7.2 bp −$7	13.0 bp −$130	47.0 bp −$4,702	144.7 bp −$72.3K
Sell Bybit live order book, 3 min ago	0.46 bp	8.4 bp −$8	14.2 bp −$142	39.3 bp −$3,934	doesn't fit

AVAX on 36 exchanges

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
Variational Omni AVAX	−0.0155%	8h	10.866	−0.324%	$3.1M	$2.0M	—	as long as short
Gate AVAX_USDT	−0.0100%	8h	10.902	+0.009%	$14.8M	$26.9M	75x	as long as short
Bybit AVAXUSDTshort	−0.0071%	8h	10.898	−0.028%	$84.9M	$129.8M	75x
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.899	−0.015%	$3.8M	$10.7M	50x	as long as short
Phemex AVAXUSDT	−0.0050%	8h	10.894	−0.064%	$29.0M	$5.5M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.906	+0.043%	$93K	$100K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.900	−0.009%	$5.0M	$6.5M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.897	−0.035%	$24K	—	150x	as long as short
Nado AVAX-PERP	+0.0010%	1h	10.892	−0.083%	$278K	$273K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−1.293%	$17K	$151K	12x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps AVAX-USD	+0.0051%	1h	10.890	−0.101%	$60K	$366K	10x	as long as short
SoDEX AVAX-USD	+0.0058%	1h	10.895	−0.055%	$19K	$65K	10x	as long as short
OKX AVAX-USDT-SWAP	+0.0059%	8h	10.899	−0.018%	$19.3M	$99.8M	50x	as long as short
Paradex AVAX-USD-PERP	+0.0094%	8h	10.892	−0.082%	$12K	$62	20x	as long as short
Binance AVAXUSDTlong	+0.0095%	8h	10.901	long leg	$114.7M	$364.7M	75x
Lighter AVAX	+0.0096%	1h	10.901	−0.004%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.896	−0.046%	$25K	$427K	50x	as long as short
MEXC AVAX_USDT	+0.0096%	8h	10.903	+0.018%	$52.7M	$70.2M	200x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.912	+0.101%	$36.4M	$36.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.898	−0.030%	$2.3M	$1.2M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.900	−0.009%	$274K	$86K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.906	+0.046%	$14.3M	$18.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.898	−0.028%	$33.2M	$42.4M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.903	+0.018%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.903	+0.018%	$391K	$567K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.881	−0.179%	$341K	$1.6M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.881	−0.183%	$155K	$678K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.902	+0.009%	$236K	$208K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.924	+0.213%	$12K	$772K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.895	−0.060%	$328K	$901K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.897	−0.037%	$621K	$1.3M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.892	−0.087%	$250K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.892	−0.083%	$857K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0216%	8h	10.891	−0.092%	$4.7M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.890	−0.101%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0464% / S −0.0317%	1h	10.879	−0.201%	$241K	—	120x	as long as short