AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%

Price spread now: Extended against Pacifica−0.077%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

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

costs, in and out, $10k−$320.318% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.077%, 7d avg −0.068%

Together, before fees−0.138%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.103	0.0100	pay 0.0013% / 1h	47m 05s	$295K	$107K	10x
Short	Extended AVAX-USD	11.095	0.0104	get 0.0013% / 1h	47m 05s	$668K	$2.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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 PacificabpFee ExtendedbpOrdersPrice spread, now −0.077%Rate

Funding earned: $0.84
Price spread: −0.077% → −0.068%: −$0.83
Slippage, 4 orders: −$18.8
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$31.79
Costs to cover: 0.318%
Break-even: 271.9 days

Slippage from Pacifica: live order book, 21 min ago; Extended: 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 Pacifica live order book, 21 min ago	4.91 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.90 bp	6.0 bp −$6	7.9 bp −$79	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	−0.1423%	1h	11.050	−0.479%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0110%	1h	11.095	−0.074%	$5.2M	$8.3M	25x	as long as short
Nado AVAX-PERP	−0.0018%	1h	11.105	+0.021%	$288K	$525K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.101	−0.022%	$102K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.106	+0.027%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0078%	8h	11.100	−0.029%	$12.1M	$36.4M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.103	−0.002%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.109	+0.052%	$18K	$601K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.110	+0.064%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.103	−0.002%	$2.3M	$1.4M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAXlong	+0.0100%	1h	11.103	long leg	$295K	$107K	10x
Binance AVAXUSDT	+0.0100%	8h	11.097	−0.056%	$118.2M	$471.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.096	−0.065%	$88.3M	$146.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.097	−0.056%	$19.8M	$127.2M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.105	+0.016%	$48.6M	$82.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.107	+0.034%	$15.5M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.101	−0.020%	$33.4M	$52.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.104	+0.007%	—	$83.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.105	+0.016%	$355K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.107	+0.032%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.127	+0.214%	$353K	$807K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.129	+0.232%	$179K	$682K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.110	+0.061%	$130K	$369K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.111	+0.070%	$195K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.139	+0.321%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.102	−0.011%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.096	−0.064%	$361K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.105	+0.016%	$29.7M	$5.4M	50x	as long as short
Extended AVAX-USDshort	+0.0104%	1h	11.095	−0.077%	$668K	$2.0M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.093	−0.095%	$255K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.117	+0.124%	$5.0M	$6.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.105	+0.014%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0255%	1h	11.105	+0.014%	$4.3M	$12.2M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.108	+0.043%	$910K	$6.1M	50x	as long as short
Hyperliquid AVAX	+0.0422%	1h	11.119	+0.142%	$43.3M	$48.0M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.106	+0.025%	$236K	—	120x	as long as short