AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against Bybit+0.071%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$510.513% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.071%, 7d avg +0.022%

Together, before fees−0.066%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.049% dearer against Bybit than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.022%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.006% in total) that is about 54 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVAXUSDT	11.336	0.0100	pay 0.0100% / 8h	2h 05m	$91.3M	$156.3M	75x
Short	Gate AVAX_USDT	11.344	0.0070	get 0.0070% / 8h	2h 05m	$12.7M	$40.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now +0.071%Rate

Funding earned: −$6.3
Price spread: +0.071% → +0.022%: $4.88
Slippage, 4 orders: −$25.28
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$52.71
Costs to cover: 0.513%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Gate: 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 Bybit live order book, 4 min ago	0.88 bp	11.7 bp −$12	20.1 bp −$201	48.0 bp −$4,801	doesn't fit
Sell Gate live order book, 4 min ago	1.76 bp	13.5 bp −$14	19.8 bp −$198	38.4 bp −$3,839	67.6 bp −$33.8K

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
Deribit AVAX_USDC-PERPETUAL	−0.0279%	1h	11.327	−0.079%	$5.4M	$9.3M	25x	as long as short
Nado AVAX-PERP	−0.0078%	1h	11.356	+0.176%	$300K	$958K	10x	as long as short
Variational Omni AVAX	−0.0076%	8h	11.354	+0.163%	$3.1M	$2.2M	—	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.300	−0.318%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.362	+0.227%	$100K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.335	−0.011%	$16K	—	150x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.358	+0.194%	$997K	$8.4M	50x	as long as short
Gate AVAX_USDTshort	+0.0070%	8h	11.344	+0.071%	$12.7M	$40.5M	75x
OKX AVAX-USDT-SWAP	+0.0094%	8h	11.324	−0.106%	$20.4M	$149.3M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.357	+0.185%	$1.3M	$3.3M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	11.359	+0.203%	$12K	$704K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.361	+0.219%	$13K	$766	20x	as long as short
Phemex AVAXUSDT	+0.0098%	8h	11.357	+0.185%	$30.4M	$4.9M	50x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.365	+0.252%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.364	+0.246%	$302K	$121K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.330	−0.052%	$121.6M	$536.6M	75x	as long as short
Bybit AVAXUSDTlong	+0.0100%	8h	11.336	long leg	$91.3M	$156.3M	75x
MEXC AVAX_USDT	+0.0100%	8h	11.333	−0.026%	$55.6M	$110.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.362	+0.229%	$16.6M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.326	−0.088%	$34.9M	$61.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.334	−0.018%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.358	+0.194%	$340K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.320	−0.142%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.368	+0.282%	$186K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.351	+0.132%	$135K	$485K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.336	0.000%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.360	+0.213%	$12K	$723K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.357	+0.185%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.324	−0.104%	$365K	$1.1M	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.362	+0.228%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.321	−0.135%	$260K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.368	+0.282%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.342	+0.051%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0253%	1h	11.363	+0.237%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.333	−0.023%	$245K	—	120x	as long as short
Hyperliquid AVAX	+0.0684%	1h	11.359	+0.203%	$44.1M	$58.6M	10x	as long as short