AVAX

Alert

Funding spread now, next payment 13:00 UTC+0.0727%/8h

next payment, per $10,000+$0.91paid, last 24h+0.206%paid, last 7 days+0.408%to open and close $10k−$22

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.408% in total (about 21.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.91 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	Deribit AVAX_USDC-PERPETUAL	11.346	−0.0631	get 0.0079% / 1h	30m 53s	$5.6M	$14.5M	25x
Short	Lighter AVAX	11.348	0.0096	get 0.0012% / 1h	30m 53s	$1.3M	$4.5M	10x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee LighterbpOrdersRate

Funding earned: $152.58
Slippage, 4 orders: −$14.78
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $130.8
Break-even: 1.0 days

Slippage from Deribit: live order book, 5 min ago; Lighter: live order book, 4 min ago.

Price risk

price view

Price gap now: +0.021%
Avg gap 7d: −0.013%

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 Deribit live order book, 5 min ago	0.88 bp	4.4 bp −$4	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	3.52 bp	6.9 bp −$7	18.7 bp −$187	87.5 bp −$8,747	doesn't fit

AVAX on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	−0.1396%	1h	$17K	$76K	12x	as long as short
Deribit AVAX_USDC-PERPETUALlong	−0.0631%	1h	$5.6M	$14.5M	25x
Variational Omni AVAX	−0.0195%	8h	$3.1M	$3.9M	—	as long as short
Gate AVAX_USDT	−0.0118%	8h	$12.5M	$62.5M	75x	as long as short
SoDEX AVAX-USD	−0.0084%	1h	$21K	$128K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	$65K	$202K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	$13K	—	150x	as long as short
OKX AVAX-USDT-SWAP	+0.0006%	8h	$22.0M	$239.8M	50x	as long as short
KuCoin AVAXUSDTM	+0.0027%	8h	$14.8M	$33.1M	75x	as long as short
Kraken Futures PF_AVAXUSD	+0.0028%	1h	$4.3M	$22.4M	50x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Backpack AVAX_USDC_PERP	+0.0032%	1h	$322K	$694K	15x	as long as short
Binance AVAXUSDT	+0.0048%	8h	$126.1M	$762.4M	75x	as long as short
MEXC AVAX_USDT	+0.0048%	8h	$62.2M	$187.8M	200x	as long as short
Bybit AVAXUSDT	+0.0058%	8h	$90.4M	$194.1M	75x	as long as short
Nado AVAX-PERP	+0.0059%	1h	$326K	$2.3M	10x	as long as short
Aster AVAXUSDT	+0.0063%	8h	$2.4M	$3.3M	75x	as long as short
BingX AVAX-USDC	+0.0068%	8h	—	$6.6M	—	as long as short
Orderly PERP_AVAX_USDC	+0.0069%	8h	$174K	$520K	20x	as long as short
Bitget AVAXUSDT	+0.0069%	8h	$34.6M	$93.6M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	$13K	$2K	20x	as long as short
Lighter AVAXshort	+0.0096%	1h	$1.3M	$4.5M	10x
Popdex AVAXUSDT	+0.0096%	1h	$12K	$1.1M	50x	as long as short
Aevo AVAX-PERP	+0.0096%	1h	$261K	—	3x	as long as short
Pacifica AVAX	+0.0100%	1h	$296K	$164K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	$143K	$770K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	$124K	$616K	10x	as long as short
SunX AVAX-USDT	+0.0100%	8h	$12K	$971K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	$363K	$2.3M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	$30.4M	$5.3M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	$780K	$2.0M	25x	as long as short
BloFin AVAX-USDT	+0.0168%	8h	$5.4M	$15.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0242%	1h	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0336%	1h	$969K	$14.1M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0381% / S −0.0215%	1h	$227K	—	120x	as long as short
Hyperliquid AVAX	+0.0590%	1h	$44.2M	$87.1M	10x	as long as short