AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.029%

Price spread now: Bybit against KuCoin−0.028%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.471% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.019%+$2 · spread now −0.028%, 7d avg −0.028%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.738	0.0100	pay 0.0100% / 8h	1h 15m	$13.8M	$22.8M	75x
Short	Bybit AVAXUSDT	10.735	0.0087	get 0.0087% / 8h	1h 15m	$81.9M	$146.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against KuCoin. 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 KuCoinbpFee BybitbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$2.64
Price spread: −0.028% → −0.028%: −$0.04
Slippage, 4 orders: −$24.11
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$49.79
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: 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 KuCoin live order book, 4 min ago	0.93 bp	18.7 bp −$19	35.3 bp −$353	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.47 bp	8.2 bp −$8	14.4 bp −$144	38.1 bp −$3,807	129.7 bp −$64.8K

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	−0.0198%	1h	10.732	−0.051%	$282K	$341K	10x	as long as short
Variational Omni AVAX	−0.0059%	8h	10.732	−0.059%	$2.8M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0029%	1h	10.740	+0.019%	$4.8M	$7.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.738	−0.001%	$92K	$119K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.741	+0.026%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.736	−0.019%	$12.9M	$32.4M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.205%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0086%	1h	10.738	0.000%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.736	−0.019%	$12K	$212	20x	as long as short
Bybit AVAXUSDTshort	+0.0087%	8h	10.735	−0.028%	$81.9M	$146.0M	75x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.738	−0.002%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.738	0.000%	$20K	$445K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.749	+0.102%	$37.4M	$43.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.738	+0.001%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.742	+0.035%	$270K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.739	+0.008%	$114.0M	$423.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.735	−0.028%	$18.9M	$112.3M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.737	−0.009%	$45.5M	$81.0M	200x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.738	long leg	$13.8M	$22.8M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.737	−0.009%	$32.5M	$48.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.736	−0.019%	—	$54.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.736	−0.019%	$438K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.747	+0.084%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.739	+0.009%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.740	+0.019%	$135K	$353K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.745	+0.065%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.767	+0.265%	$12K	$768K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.739	+0.005%	$326K	$906K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.741	+0.028%	$28.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.733	−0.043%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.739	+0.014%	$247K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.738	+0.003%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.747	+0.084%	$857K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.736	−0.019%	$4.6M	$5.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.735	−0.026%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.740	+0.016%	$227K	—	120x	as long as short