AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.038%

Price spread now: Coinbase International against Extended−0.085%7-day average +0.126% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$340.338% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.264%+$26 on $10k

Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.085%, 7d avg +0.126%

Together, before fees+0.339%+ Points / potential airdropExtended: Active · farm board+$34 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.211% cheaper against Extended than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.126%). If the spread goes back, that is −$21 on $10k: about 7.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	10.686	0.0104	pay 0.0013% / 1h	0m 06s	$609K	$1.4M	25x
Short	Coinbase International AVAX-PERP-INTX	10.677	0.0200	get 0.0025% / 1h	0m 06s	$849K	$5.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now −0.085%Rate

Funding earned: $20.16
Price spread: −0.085% → +0.126%: −$21.14
Slippage, 4 orders: −$18.85
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$34.83
Costs to cover: 0.338%
Break-even: 19.1 days

Slippage from Extended: live order book, 3 min ago; Coinbase International: 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 Extended live order book, 3 min ago	0.47 bp	6.0 bp −$6	9.0 bp −$90	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.81 bp	11.6 bp −$12	22.7 bp −$227	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
Nado AVAX-PERP	−0.0194%	1h	10.681	−0.048%	$280K	$335K	10x	as long as short
Variational Omni AVAX	−0.0067%	8h	10.666	−0.192%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.673	−0.121%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.694	+0.074%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.694	+0.076%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0012%	8h	10.689	+0.027%	$12.9M	$32.5M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.691%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0077%	1h	10.691	+0.046%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0083%	8h	10.676	−0.094%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0085%	8h	10.687	+0.008%	$81.5M	$143.1M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.692	+0.051%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.684	−0.020%	$25K	$473K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.696	+0.093%	$37.2M	$43.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.696	+0.089%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.677	−0.089%	$268K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.693	+0.061%	$113.2M	$418.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.686	−0.001%	$18.8M	$110.9M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.691	+0.046%	$45.4M	$81.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.690	+0.036%	$13.6M	$22.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.691	+0.046%	$32.4M	$48.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.687	+0.008%	—	$54.4M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.693	+0.064%	$436K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.681	−0.048%	$338K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.702	+0.149%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.690	+0.036%	$134K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.699	+0.121%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.708	+0.205%	$11K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.691	+0.041%	$325K	$882K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.693	+0.064%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	10.686	long leg	$609K	$1.4M	25x
Aevo AVAX-PERP	+0.0104%	1h	10.686	−0.004%	$245K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.691	+0.046%	$3.8M	$12.0M	50x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0200%	1h	10.677	−0.085%	$849K	$5.1M	50x
BloFin AVAX-USDT	+0.0220%	8h	10.671	−0.141%	$4.6M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.687	+0.011%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.694	+0.078%	$226K	—	120x	as long as short