AVAX

Alert

Funding spread now, next payment 00:00 UTC+0.0509%/8h

next payment, per $10,000+$5.09paid, last 24h−0.014%paid, last 7 days+0.044%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVAXUSDT	10.998	−0.0409	get 0.0409% / 8h	7h 47m	$87.8M	$170.6M	75x
Short	Orderly PERP_AVAX_USDC	11.015	0.0100	get 0.0100% / 8h	7h 47m	$194K	$404K	20x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee OrderlybpOrdersRate

Funding earned: $106.89
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: $89.89
Break-even: 1.1 days

Slippage unknown: Bybit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.155%
Avg gap 7d: +0.086%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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	0.45 bp	7.9 bp −$8	13.1 bp −$131	44.2 bp −$4,415	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

AVAX on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni AVAXUSDT	−0.0482%	1h	$138K	$729K	50x	as long as short
Bybit AVAXUSDTlong	−0.0409%	8h	$87.8M	$170.6M	75x
Gate AVAX_USDT	−0.0307%	8h	$12.2M	$44.7M	75x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0295%	1h	$5.2M	$11.8M	25x	as long as short
Variational Omni AVAX	−0.0240%	8h	$3.0M	$3.0M	—	as long as short
SoDEX AVAX-USD	−0.0163%	1h	$19K	$75K	10x	as long as short
Backpack AVAX_USDC_PERP	−0.0051%	1h	$315K	$592K	15x	as long as short
Kraken Futures PF_AVAXUSD	−0.0023%	1h	$4.4M	$17.5M	50x	as long as short
OKX AVAX-USDT-SWAP	−0.0010%	8h	$20.4M	$171.2M	50x	as long as short
Polymarket Perps AVAX-USD	−0.0007%	1h	$110K	$520K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster AVAXUSDT	−0.0001%	8h	$2.3M	$2.6M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	$63K	$173K	10x	as long as short
MEXC AVAX_USDT	+0.0001%	8h	$51.6M	$144.6M	200x	as long as short
Binance AVAXUSDT	+0.0001%	8h	$119.5M	$636.0M	75x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	$12K	—	150x	as long as short
BloFin AVAX-USDT	+0.0005%	8h	$5.1M	$11.3M	100x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	$17K	$79K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0053%	8h	$13K	$2K	20x	as long as short
Bitget AVAXUSDT	+0.0065%	8h	$34.0M	$73.7M	75x	as long as short
BingX AVAX-USDC	+0.0069%	8h	—	$6.6M	—	as long as short
Aevo AVAX-PERP	+0.0080%	1h	$253K	—	3x	as long as short
Nado AVAX-PERP	+0.0084%	1h	$309K	$1.4M	10x	as long as short
Lighter AVAX	+0.0096%	1h	$1.3M	$3.2M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	$16K	$862K	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0096%	1h	$810K	$10.4M	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	$42.7M	$67.3M	10x	as long as short
Pacifica AVAX	+0.0100%	1h	$297K	$137K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	$14.6M	$27.5M	75x	as long as short
Orderly PERP_AVAX_USDCshort	+0.0100%	8h	$194K	$404K	20x
SunX AVAX-USDT	+0.0100%	8h	$12K	$697K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	$354K	$1.4M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	$29.4M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	$638K	$2.4M	25x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0402% / S −0.0235%	1h	$232K	—	120x	as long as short