AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 19:00 UTC+0.0338%/8hnext payment +$0.42 per $10,000 · paid last 24h −0.046%

Price spread now: Kraken Futures against Coinbase International+0.129%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$510.508% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.265%−$27 on $10k

Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.129%, 7d avg −0.004%

Together, before fees−0.396%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.133% dearer against Coinbase International than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.265%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International AVAX-PERP-INTX	11.021	0	get 0.0000% / 1h	4m 26s	$812K	$8.2M	50x
Short	Kraken Futures PF_AVAXUSD	11.035	0.0338	get 0.0042% / 1h	4m 26s	$4.6M	$14.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now +0.129%Rate

Funding earned: $71.06
Price spread: +0.129% → −0.004%: $13.28
Slippage, 4 orders: −$30.83
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $33.51
Costs to cover: 0.508%
Break-even: 3.7 days

Slippage from Coinbase International: live order book, 4 min ago; Kraken Futures: 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 Coinbase International live order book, 4 min ago	2.73 bp	13.9 bp −$14	19.2 bp −$192	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	2.27 bp	12.9 bp −$13	19.7 bp −$197	45.4 bp −$4,536	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
Nado AVAX-PERP	−0.0296%	1h	11.013	−0.073%	$313K	$960K	10x	as long as short
Variational Omni AVAX	−0.0260%	8h	10.997	−0.214%	$2.9M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0113%	1h	11.027	+0.054%	$5.2M	$9.7M	25x	as long as short
Bybit AVAXUSDT	−0.0070%	8h	11.024	+0.027%	$86.6M	$147.5M	75x	as long as short
OKX AVAX-USDT-SWAP	−0.0052%	8h	11.027	+0.054%	$19.4M	$144.8M	50x	as long as short
Gate AVAX_USDT	−0.0028%	8h	11.023	+0.018%	$12.1M	$40.6M	75x	as long as short
Backpack AVAX_USDC_PERP	−0.0022%	1h	11.029	+0.073%	$298K	$538K	15x	as long as short
SoDEX AVAX-USD	−0.0005%	1h	11.025	+0.036%	$18K	$72K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.032	+0.098%	$84K	$146K	10x	as long as short
Coinbase International AVAX-PERP-INTXlong	0.0000%	1h	11.021	long leg	$812K	$8.2M	50x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.032	+0.097%	$13K	—	150x	as long as short
Extended AVAX-USD	+0.0016%	1h	11.019	−0.015%	$647K	$2.2M	25x	as long as short
Phemex AVAXUSDT	+0.0020%	8h	11.024	+0.027%	$29.5M	$4.8M	50x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.970	−0.463%	$17K	$68K	12x	as long as short
BingX AVAX-USDT	+0.0038%	8h	11.025	+0.036%	—	$94.2M	—	as long as short
MEXC AVAX_USDT	+0.0039%	8h	11.023	+0.018%	$49.9M	$115.2M	200x	as long as short
Binance AVAXUSDT	+0.0041%	8h	11.023	+0.018%	$117.9M	$544.6M	75x	as long as short
Bitget AVAXUSDT	+0.0043%	8h	11.023	+0.018%	$33.9M	$63.0M	75x	as long as short
Aster AVAXUSDT	+0.0057%	8h	11.024	+0.030%	$2.2M	$2.0M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0070%	8h	11.024	+0.028%	$13K	$766	20x	as long as short
Aevo AVAX-PERP	+0.0088%	1h	11.027	+0.059%	$253K	—	3x	as long as short
Lighter AVAX	+0.0096%	1h	11.021	−0.005%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.020	−0.009%	$17K	$722K	50x	as long as short
Pacifica AVAX	+0.0100%	1h	11.027	+0.055%	$298K	$118K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.026	+0.045%	$15.5M	$25.2M	75x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.996	−0.227%	$352K	$833K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.999	−0.200%	$177K	$705K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.026	+0.045%	$114K	$471K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.037	+0.145%	$213K	$332K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.035	+0.131%	$12K	$694K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.021	−0.005%	$351K	$1.2M	75x	as long as short
BloFin AVAX-USDT	+0.0158%	8h	11.028	+0.064%	$5.0M	$9.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	11.023	+0.016%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0244%	1h	11.041	+0.181%	$41.4M	$59.5M	10x	as long as short
Kraken Futures PF_AVAXUSDshort	+0.0338%	1h	11.035	+0.129%	$4.6M	$14.0M	50x
GMX AVAX/USD [AVAX-USDC]	L +0.0409% / S −0.0244%	1h	11.028	+0.062%	$238K	—	120x	as long as short