Funding you earn now, next payment 11:00 UTC−0.0208%/8h= −22.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.057%
Price spread now: dYdX against Coinbase International−0.159%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.358%−$36 on $10k
+Price spread, last 4 days (all we have)+0.344%+$34 · spread now −0.159%, 7d avg −0.066%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and dYdX is 0.093% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.066%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International AVAX-PERP-INTX | 10.902 | 0.0208 | pay 0.0026% / 1h | 45m 00s | $851K | $4.8M | 50x |
| Short | dYdX AVAX-USD | 10.885 | 0 | get 0.0000% / 1h | 45m 00s | $93K | $100K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- −$43.68
- Price spread: −0.159% → −0.066%
- −$9.34
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$73.02
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; dYdX: 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 Coinbase International live order book, 2 min ago | 2.76 bp | 12.7 bp −$13 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 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 | −0.0171% | 8h | 10.863 | −0.360% | $3.1M | $1.9M | — | as long as short |
| Polymarket Perps AVAX-USD | −0.0131% | 1h | 10.886 | −0.147% | $60K | $352K | 10x | as long as short |
| Gate AVAX_USDT | −0.0122% | 8h | 10.886 | −0.147% | $14.9M | $24.8M | 75x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0114% | 1h | 10.890 | −0.106% | $3.8M | $10.4M | 50x | as long as short |
| Bybit AVAXUSDT | −0.0098% | 8h | 10.884 | −0.165% | $84.9M | $128.2M | 75x | as long as short |
| Phemex AVAXUSDT | −0.0025% | 8h | 10.886 | −0.147% | $29.0M | $5.5M | 50x | as long as short |
| dYdX AVAX-USDshort | 0.0000% | 1h | 10.885 | −0.159% | $93K | $100K | 10x | |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.890 | −0.110% | $5.0M | $6.5M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0002% | 1h | 10.890 | −0.106% | $24K | — | 150x | as long as short |
| Nado AVAX-PERP | +0.0024% | 1h | 10.881 | −0.193% | $279K | $255K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −1.303% | $17K | $151K | 12x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0039% | 8h | 10.887 | −0.138% | $19.3M | $97.8M | 50x | as long as short |
| SoDEX AVAX-USD | +0.0056% | 1h | 10.887 | −0.138% | $19K | $65K | 10x | as long as short |
| Paradex AVAX-USD-PERP | +0.0092% | 8h | 10.880 | −0.202% | $12K | $62 | 20x | as long as short |
| MEXC AVAX_USDT | +0.0092% | 8h | 10.888 | −0.128% | $53.7M | $66.7M | 200x | as long as short |
| Binance AVAXUSDT | +0.0092% | 8h | 10.888 | −0.126% | $114.7M | $357.4M | 75x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.887 | −0.141% | $1.2M | $1.7M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.886 | −0.147% | $24K | $425K | 50x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.888 | −0.128% | $2.2M | $1.2M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.884 | −0.163% | $274K | $86K | 10x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.890 | −0.110% | $14.3M | $18.1M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.883 | −0.174% | $33.2M | $41.4M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.886 | −0.147% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.889 | −0.119% | $391K | $565K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.894 | −0.071% | $353K | $1.6M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.888 | −0.128% | $155K | $678K | 50x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.895 | −0.064% | $238K | $211K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.920 | +0.164% | $11K | $770K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.901 | −0.012% | $328K | $897K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.882 | −0.180% | $618K | $1.3M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.887 | −0.133% | $250K | — | 3x | as long as short |
| Hyperliquid AVAX | +0.0144% | 1h | 10.901 | −0.009% | $36.4M | $33.2M | 10x | as long as short |
| Coinbase International AVAX-PERP-INTXlong | +0.0208% | 1h | 10.902 | long leg | $851K | $4.8M | 50x | |
| BloFin AVAX-USDT | +0.0212% | 8h | 10.887 | −0.138% | $4.7M | $5.2M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.885 | −0.154% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0464% / S −0.0317% | 1h | 10.891 | −0.100% | $241K | — | 120x | as long as short |
Coinbase International AVAX-PERP-INTX
Variational Omni AVAX
Polymarket Perps AVAX-USD
Gate AVAX_USDT
Kraken Futures PF_AVAXUSD
Bybit AVAXUSDT
Phemex AVAXUSDT
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Injective AVAX/USDC PERP
OKX AVAX-USDT-SWAP
SoDEX AVAX-USD
Paradex AVAX-USD-PERP
MEXC AVAX_USDT
Binance AVAXUSDT
Lighter AVAX
Popdex AVAXUSDT
Aster AVAXUSDT
Pacifica AVAX
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Hyperliquid AVAX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]