AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.029%

Price spread now: OKX against BloFin0.000%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.248%−$25 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now 0.000%, 7d avg −0.038%

Together, before fees−0.186%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.038% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.038%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AVAX-USDT	10.693	0.0220	pay 0.0220% / 8h	51m 16s	$4.6M	$5.5M	100x
Short	OKX AVAX-USDT-SWAP	10.693	0.0100	get 0.0100% / 8h	51m 16s	$18.8M	$110.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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 BloFinbpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$25.2
Price spread: 0.000% → −0.038%: $3.81
Slippage, 4 orders: −$9.35
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$52.74
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; OKX: 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 BloFin live order book, 2 min ago	0.47 bp	9.0 bp −$9	15.9 bp −$159	37.6 bp −$3,764	doesn't fit
Sell OKX live order book, 3 min ago	0.47 bp	8.3 bp −$8	15.3 bp −$153	49.1 bp −$4,913	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
Kraken Futures PF_AVAXUSD	−0.0185%	1h	10.693	−0.004%	$3.8M	$12.0M	50x	as long as short
Nado AVAX-PERP	−0.0119%	1h	10.711	+0.168%	$281K	$334K	10x	as long as short
Variational Omni AVAX	−0.0074%	8h	10.658	−0.332%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.717	+0.224%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.695	+0.019%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.709	+0.152%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0007%	8h	10.713	+0.187%	$13.0M	$30.5M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.627%	$17K	$151K	12x	as long as short
Bybit AVAXUSDT	+0.0081%	8h	10.692	−0.009%	$81.5M	$142.3M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0085%	8h	10.713	+0.186%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.693	−0.002%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.712	+0.178%	$25K	$472K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.722	+0.272%	$36.8M	$43.4M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.697	+0.035%	$2.2M	$969K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.719	+0.239%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.695	+0.018%	$113.1M	$416.7M	75x	as long as short
OKX AVAX-USDT-SWAPshort	+0.0100%	8h	10.693	0.000%	$18.8M	$110.5M	50x
MEXC AVAX_USDT	+0.0100%	8h	10.695	+0.019%	$45.9M	$78.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.694	+0.009%	$13.6M	$22.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.694	+0.009%	$32.3M	$48.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.695	+0.019%	—	$54.3M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.696	+0.028%	$436K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.677	−0.154%	$338K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.684	−0.084%	$172K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.714	+0.196%	$135K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.701	+0.075%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.736	+0.404%	$11K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.695	+0.019%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.713	+0.182%	$326K	$880K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.695	+0.019%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.688	−0.048%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.687	−0.054%	$245K	—	3x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	10.693	long leg	$4.6M	$5.5M	100x
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.704	+0.103%	$852K	$5.0M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.709	+0.147%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.698	+0.046%	$226K	—	120x	as long as short