AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.049%

Price spread now: Pacifica against Extended+0.076%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.076%, 7d avg +0.070%

Together, before fees+0.149%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.214	0.0104	pay 0.0013% / 1h	24m 42s	$669K	$2.1M	25x
Short	Pacifica AVAX	11.222	0.0100	get 0.0013% / 1h	24m 42s	$298K	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.076%Rate

Funding earned: −$0.84
Price spread: +0.076% → +0.070%: $0.62
Slippage, 4 orders: −$21.69
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$34.91
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Pacifica: live order book, 54 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, 4 min ago	1.78 bp	6.7 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit
Sell Pacifica live order book, 54 min ago	6.22 bp	12.1 bp −$12	22.1 bp −$221	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	11.210	−0.033%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.225	+0.101%	$5.3M	$8.9M	25x	as long as short
Nado AVAX-PERP	−0.0097%	1h	11.224	+0.096%	$296K	$878K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.220	+0.055%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.225	+0.101%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0084%	8h	11.245	+0.281%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.226	+0.107%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.219	+0.047%	$18K	$671K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.214	+0.007%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.228	+0.129%	$2.3M	$1.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXshort	+0.0100%	1h	11.222	+0.076%	$298K	$118K	10x
Binance AVAXUSDT	+0.0100%	8h	11.215	+0.012%	$120.0M	$512.2M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.215	+0.012%	$89.4M	$155.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.215	+0.012%	$20.3M	$143.5M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.224	+0.092%	$12.5M	$40.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.223	+0.083%	$50.6M	$93.3M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.226	+0.110%	$15.8M	$24.2M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.215	+0.012%	$34.2M	$57.9M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.214	+0.003%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.227	+0.119%	$359K	$563K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.250	+0.323%	$352K	$862K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.243	+0.261%	$181K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.224	+0.092%	$132K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.232	+0.163%	$204K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.254	+0.358%	$12K	$734K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.226	+0.110%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.219	+0.047%	$363K	$1.0M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.226	+0.110%	$30.2M	$4.9M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	11.214	long leg	$669K	$2.1M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.220	+0.055%	$258K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.229	+0.136%	$5.0M	$7.4M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.220	+0.058%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0270%	1h	11.232	+0.160%	$4.6M	$13.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0280%	1h	11.254	+0.359%	$915K	$7.8M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0426% / S −0.0282%	1h	11.224	+0.095%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0806%	1h	11.243	+0.261%	$43.7M	$54.9M	10x	as long as short