AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0225%/8h= +24.6% APRnext payment +$0.28 per $10,000 · paid last 24h +0.042%

Price spread now: Reya against Kraken Futures−0.049%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.049% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_AVAXUSD	10.952	0.0020	pay 0.0002% / 1h	42m 07s	$4.2M	$11.3M	50x
Short	Reya AVAXRUSDPERP	10.947	0.0244	get 0.0031% / 1h	42m 07s	$1K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Kraken Futures. 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 Kraken FuturesbpFee ReyabpOrdersPrice spread, now −0.049%Rate

Funding earned: $47.19
Price spread: −0.049% → 0.000%: −$4.87
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $26.32
Costs to cover: 0.160%
Break-even: 3.1 days

Slippage unknown: Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	2.28 bp	12.6 bp −$13	15.3 bp −$153	54.6 bp −$5,457	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
Injective AVAX/USDC PERP	−0.1421%	1h	10.920	−0.293%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0024%	1h	10.947	−0.046%	$5.0M	$7.8M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.951	−0.007%	$96K	$97K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.951	−0.010%	$12K	—	150x	as long as short
Nado AVAX-PERP	+0.0007%	1h	10.950	−0.015%	$284K	$319K	10x	as long as short
Kraken Futures PF_AVAXUSDlong	+0.0020%	1h	10.952	long leg	$4.2M	$11.3M	50x
Lighter AVAX	+0.0096%	1h	10.950	−0.015%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.950	−0.019%	$15K	$456K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	10.952	0.000%	$12K	$212	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.956	+0.035%	$2.2M	$1.1M	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	10.956	+0.033%	$276K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.949	−0.028%	$115.4M	$428.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.944	−0.074%	$83.5M	$140.9M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.948	−0.037%	$20.1M	$113.3M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	10.947	−0.046%	$12.1M	$32.3M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.948	−0.037%	$45.4M	$78.2M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.953	+0.008%	$15.4M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.946	−0.056%	$32.9M	$47.7M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.946	−0.056%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.949	−0.028%	$368K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.991	+0.351%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.991	+0.357%	$344K	$908K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.990	+0.346%	$177K	$668K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.950	−0.019%	$128K	$345K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.955	+0.027%	$192K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.980	+0.259%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.949	−0.028%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.947	−0.044%	$365K	$794K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.954	+0.017%	$29.2M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.944	−0.070%	$678K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.928	−0.223%	$251K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.963	+0.100%	$4.9M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.955	+0.027%	$891K	$5.2M	50x	as long as short
Reya AVAXRUSDPERPshort	+0.0244%	1h	10.947	−0.049%	$1K	—	20x
Hyperliquid AVAX	+0.0399%	1h	10.965	+0.118%	$42.5M	$41.7M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	10.951	−0.005%	$232K	—	120x	as long as short