AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.036%

Price spread now: Reya against Hyperliquid−0.141%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.141% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 3.2 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid AVAX	10.767	0.0100	pay 0.0013% / 1h	29m 44s	$35.8M	$40.3M	10x
Short	Reya AVAXRUSDPERP	10.752	0.0245	get 0.0031% / 1h	29m 44s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Hyperliquid. 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 HyperliquidbpFee ReyabpOrdersPrice spread, now −0.141%Rate

Funding earned: $30.42
Price spread: −0.141% → 0.000%: −$14.08
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: $1.34
Costs to cover: 0.150%
Break-even: 6.7 days

Slippage unknown: Hyperliquid: live order book, 4 min ago; Reya: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 4 min ago	0.46 bp	5.7 bp −$6	10.8 bp −$108	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.761	−0.052%	$3.7M	$11.6M	50x	as long as short
Nado AVAX-PERP	−0.0210%	1h	10.738	−0.274%	$280K	$324K	10x	as long as short
Variational Omni AVAX	−0.0084%	8h	10.737	−0.281%	$3.0M	$2.1M	—	as long as short
SoDEX AVAX-USD	−0.0081%	1h	10.753	−0.130%	$18K	$68K	10x	as long as short
Phemex AVAXUSDT	−0.0079%	8h	10.757	−0.093%	$28.7M	$5.6M	50x	as long as short
Gate AVAX_USDT	−0.0057%	8h	10.760	−0.065%	$13.8M	$28.9M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.761	−0.060%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.752	−0.139%	$4.8M	$6.7M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.756	−0.098%	$12K	—	150x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.065%	$17K	$151K	12x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AVAX_USDT_Perp	+0.0058%	8h	10.765	−0.021%	$337K	$1.2M	10x	as long as short
Paradex AVAX-USD-PERP	+0.0084%	8h	10.751	−0.152%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.752	−0.140%	$1.2M	$2.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.740	−0.251%	$22K	$468K	50x	as long as short
Hyperliquid AVAXlong	+0.0100%	1h	10.767	long leg	$35.8M	$40.3M	10x
Aster AVAXUSDT	+0.0100%	8h	10.758	−0.081%	$2.2M	$1.4M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.763	−0.037%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.758	−0.084%	$113.4M	$392.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.757	−0.093%	$84.0M	$136.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.755	−0.111%	$19.0M	$105.8M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.760	−0.065%	$53.0M	$79.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.753	−0.130%	$13.9M	$21.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.754	−0.121%	$32.8M	$45.3M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.756	−0.102%	—	$53.0M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.758	−0.084%	$437K	$533K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.749	−0.167%	$173K	$661K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.746	−0.195%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.754	−0.121%	$233K	$239K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.768	+0.012%	$11K	$770K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.742	−0.237%	$332K	$855K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.752	−0.142%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.752	−0.142%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.761	−0.056%	$853K	$5.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.741	−0.241%	$4.7M	$5.4M	100x	as long as short
Reya AVAXRUSDPERPshort	+0.0245%	1h	10.752	−0.141%	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.757	−0.094%	$227K	—	120x	as long as short