AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.009%

Price spread now: MEXC against KuCoin0.000%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.013%+$1 · spread now 0.000%, 7d avg +0.002%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin AVAXUSDTM	10.845	0.0100	pay 0.0100% / 8h	5h 44m	$14.1M	$18.9M	75x
Short	MEXC AVAX_USDT	10.845	0.0099	get 0.0099% / 8h	5h 44m	$52.4M	$69.4M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$0.21
Price spread: 0.000% → +0.002%: −$0.24
Slippage, 4 orders: −$20.44
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$32.89
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 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, 2 min ago	0.46 bp	15.6 bp −$16	32.0 bp −$320	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.46 bp	0.5 bp $0	5.2 bp −$52	45.0 bp −$4,504	105.4 bp −$52.7K

AVAX on 36 exchanges

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
Variational Omni AVAX	−0.0148%	8h	10.848	+0.025%	$3.1M	$2.1M	—	as long as short
Gate AVAX_USDT	−0.0118%	8h	10.843	−0.018%	$14.5M	$26.7M	75x	as long as short
SoDEX AVAX-USD	−0.0066%	1h	10.840	−0.046%	$18K	$67K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0056%	1h	10.845	−0.003%	$3.7M	$10.9M	50x	as long as short
Bybit AVAXUSDT	−0.0056%	8h	10.842	−0.028%	$84.5M	$131.3M	75x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0027%	1h	10.843	−0.018%	$5.0M	$6.6M	25x	as long as short
Nado AVAX-PERP	−0.0017%	1h	10.838	−0.065%	$275K	$299K	10x	as long as short
Phemex AVAXUSDT	−0.0011%	8h	10.842	−0.028%	$28.9M	$5.6M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.845	+0.003%	$92K	$100K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	10.847	+0.014%	$23K	—	150x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	−0.784%	$17K	$151K	12x	as long as short
OKX AVAX-USDT-SWAP	+0.0088%	8h	10.841	−0.037%	$19.2M	$101.4M	50x	as long as short
Lighter AVAX	+0.0096%	1h	10.844	−0.007%	$1.2M	$1.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.841	−0.037%	$22K	$437K	50x	as long as short
MEXC AVAX_USDTshort	+0.0099%	8h	10.845	0.000%	$52.4M	$69.4M	200x
Binance AVAXUSDT	+0.0099%	8h	10.843	−0.018%	$114.0M	$372.2M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0099%	8h	10.841	−0.040%	$12K	$62	20x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.856	+0.101%	$36.2M	$37.6M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.844	−0.011%	$2.2M	$1.3M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.850	+0.043%	$273K	$105K	10x	as long as short
KuCoin AVAXUSDTMlong	+0.0100%	8h	10.845	long leg	$14.1M	$18.9M	75x
Bitget AVAXUSDT	+0.0100%	8h	10.843	−0.018%	$33.1M	$43.2M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.843	−0.018%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.847	+0.018%	$438K	$520K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.850	+0.044%	$341K	$1.5M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.855	+0.092%	$155K	$676K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.840	−0.046%	$137K	$247K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.846	+0.009%	$234K	$208K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.870	+0.235%	$12K	$774K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.841	−0.041%	$325K	$914K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.837	−0.070%	$619K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.835	−0.092%	$249K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0208%	1h	10.860	+0.138%	$860K	$5.0M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.845	0.000%	$4.8M	$5.2M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.836	−0.079%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0445% / S −0.0296%	1h	10.844	−0.009%	$230K	—	120x	as long as short