AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Popdex against dYdX−0.010%52s7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2972.970% of the position

Long on dYdX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$10 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.010%, 7d avg +0.018%

Together, before fees+0.114%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Popdex is 0.028% cheaper against dYdX than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 23 hours of funding at the current rate (+$3 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX AVAX-USD	11.240	0	get 0.0000% / 1h	41m 41s	$103K	$111K	10x
Short	Popdex AVAXUSDT	11.239	0.0096	get 0.0012% / 1h	41m 41s	$18K	$676K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against dYdX. 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 dYdXbpFee PopdexbpOrdersPrice spread, now −0.010%Rate

Funding earned: $20.16
Price spread: −0.010% → +0.018%: −$2.78
Slippage, 4 orders: −$280.6
Fee dYdX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$279.62
Costs to cover: 2.970%
Break-even: 104.1 days

Slippage from dYdX: live order book, 37 min ago; Popdex: live order book, 37 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 dYdX live order book, 37 min ago	133.65 bp	139.9 bp −$140	141.2 bp −$1,412	141.3 bp −$14.1K	145.7 bp −$72.8K
Sell Popdex live order book, 37 min ago	4.89 bp	9.6 bp −$10	24.5 bp −$245	doesn't fit	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
Injective AVAX/USDC PERP	−0.1451%	1h	11.200	−0.357%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0106%	1h	11.238	−0.019%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0090%	1h	11.245	+0.044%	$297K	$885K	10x	as long as short
dYdX AVAX-USDlong	0.0000%	1h	11.240	long leg	$103K	$111K	10x
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.240	−0.001%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0062%	8h	11.258	+0.160%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.239	−0.008%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	11.239	−0.010%	$18K	$676K	50x
Paradex AVAX-USD-PERP	+0.0100%	8h	11.241	+0.010%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.240	−0.003%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.241	+0.008%	$299K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.237	−0.027%	$120.2M	$517.6M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.237	−0.027%	$89.4M	$155.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.238	−0.019%	$20.2M	$144.6M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.235	−0.045%	$12.2M	$40.1M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.234	−0.054%	$52.1M	$93.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.243	+0.026%	$15.8M	$24.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.240	−0.001%	$34.3M	$59.0M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.235	−0.045%	—	$86.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.239	−0.010%	$359K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.246	+0.053%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.250	+0.088%	$181K	$684K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.241	+0.008%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.247	+0.061%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.270	+0.265%	$12K	$733K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.238	−0.019%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.229	−0.095%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.240	−0.001%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.233	−0.063%	$672K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.235	−0.042%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.248	+0.070%	$5.0M	$7.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.237	−0.026%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.245	+0.042%	$4.6M	$13.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.254	+0.124%	$917K	$8.0M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0420% / S −0.0273%	1h	11.239	−0.005%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0843%	1h	11.256	+0.142%	$43.7M	$55.3M	10x	as long as short