Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.026%
Price spread now: Paradex against Bybit−0.030%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Paradex is 0.030% cheaper against Bybit than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 8.0 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAXUSDT | 10.725 | 0.0085 | pay 0.0085% / 8h | 2h 03m | $82.4M | $149.0M | 75x |
| Short | Paradex AVAX-USD-PERP | 10.722 | 0.0097 | get 0.0097% / 8h | 2h 03m | $12K | $212 | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Bybit. 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
- $2.62
- Price spread: −0.030% → 0.000%
- −$3.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$15.39
- Costs to cover
- 0.150%
- Break-even
- 48.1 days
Slippage unknown: Bybit: live order book, 1 min ago; Paradex: no order-book sample. Net counts fees only.
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, 1 min ago | 0.47 bp | 9.1 bp −$9 | 15.7 bp −$157 | 44.6 bp −$4,458 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | +0.326% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0278% | 1h | 10.728 | +0.028% | $4.2M | $11.5M | 50x | as long as short |
| Nado AVAX-PERP | −0.0100% | 1h | 10.723 | −0.014% | $287K | $340K | 10x | as long as short |
| Variational Omni AVAX | −0.0030% | 8h | 10.729 | +0.034% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.731 | +0.060% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.724 | −0.009% | $4.8M | $7.5M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.720 | −0.051% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0043% | 8h | 10.725 | 0.000% | $12.6M | $33.2M | 75x | as long as short |
| Bybit AVAXUSDTlong | +0.0085% | 8h | 10.725 | long leg | $82.4M | $149.0M | 75x | |
| Lighter AVAX | +0.0096% | 1h | 10.725 | 0.000% | $1.2M | $2.6M | 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 | 10.718 | −0.065% | $18K | $431K | 50x | as long as short |
| Paradex AVAX-USD-PERPshort | +0.0097% | 8h | 10.722 | −0.030% | $12K | $212 | 20x | |
| Hyperliquid AVAX | +0.0100% | 1h | 10.736 | +0.103% | $37.6M | $44.7M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.725 | −0.001% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.728 | +0.028% | $269K | $131K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.725 | 0.000% | $114.4M | $433.3M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.723 | −0.019% | $18.8M | $114.3M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.728 | +0.028% | $45.6M | $81.2M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.724 | −0.009% | $13.3M | $23.0M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.725 | 0.000% | $32.5M | $49.3M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.723 | −0.019% | — | $54.3M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.726 | +0.009% | $428K | $589K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.721 | −0.038% | $335K | $999K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.743 | +0.168% | $173K | $662K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.720 | −0.047% | $136K | $354K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.727 | +0.019% | $231K | $352K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.750 | +0.233% | $11K | $767K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.723 | −0.019% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.723 | −0.016% | $344K | $879K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.722 | −0.028% | $28.6M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.718 | −0.067% | $615K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.723 | −0.014% | $246K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.738 | +0.121% | $934K | $5.1M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.727 | +0.019% | $4.7M | $5.7M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.716 | −0.088% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.719 | −0.053% | $227K | — | 120x | as long as short |
Bybit AVAXUSDT
Paradex AVAX-USD-PERP
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Variational Omni AVAX
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
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]