AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Popdex against Pacifica−0.228%54s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.316% of the position

Long on Pacifica Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 4 days (all we have)+0.223%+$22 · spread now −0.228%, 7d avg +0.008%

Together, before fees+0.218%+ Points / potential airdropPacifica: Active · farm board+$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.236% cheaper against Pacifica than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica AVAX	11.162	0.0100	pay 0.0013% / 1h	28m 45s	$296K	$100K	10x
Short	Popdex AVAXUSDT	11.137	0.0096	get 0.0012% / 1h	28m 45s	$17K	$625K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.228%Rate

Funding earned: −$0.84
Price spread: −0.228% → +0.008%: −$23.59
Slippage, 4 orders: −$17.2
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$56.03
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from Pacifica: live order book, 45 min ago; Popdex: live order book, 45 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, 45 min ago	4.90 bp	8.9 bp −$9	17.6 bp −$176	doesn't fit	doesn't fit
Sell Popdex live order book, 45 min ago	0.45 bp	4.5 bp −$5	9.1 bp −$91	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	−0.1363%	1h	11.080	−0.738%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0050%	1h	11.134	−0.254%	$292K	$830K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.163	+0.006%	$103K	$105K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	11.139	−0.210%	$5.2M	$8.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.137	−0.230%	$13K	—	150x	as long as short
Lighter AVAX	+0.0096%	1h	11.158	−0.036%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	11.137	−0.228%	$17K	$625K	50x
Paradex AVAX-USD-PERP	+0.0100%	8h	11.163	+0.001%	$13K	$512	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.145	−0.152%	$2.3M	$1.6M	75x	as long as short
Pacifica AVAXlong	+0.0100%	1h	11.162	long leg	$296K	$100K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0100%	8h	11.159	−0.032%	$118.9M	$485.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.163	+0.005%	$88.9M	$149.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.162	−0.004%	$19.9M	$133.4M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.141	−0.192%	$12.1M	$38.2M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.162	−0.004%	$48.9M	$88.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.167	+0.041%	$15.3M	$23.3M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.161	−0.013%	$33.9M	$54.2M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.164	+0.014%	—	$84.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.139	−0.210%	$356K	$551K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.145	−0.158%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.149	−0.122%	$359K	$851K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.128	−0.308%	$179K	$688K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.139	−0.210%	$131K	$375K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.148	−0.129%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.166	+0.033%	$12K	$725K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.140	−0.201%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.142	−0.187%	$361K	$951K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.141	−0.192%	$30.0M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.162	−0.007%	$667K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.141	−0.192%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.142	−0.181%	$4.3M	$12.6M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.144	−0.165%	$5.0M	$6.3M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.135	−0.247%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0304%	1h	11.132	−0.272%	$904K	$6.8M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0298%	1h	11.137	−0.229%	$235K	—	120x	as long as short
Hyperliquid AVAX	+0.0689%	1h	11.175	+0.113%	$43.6M	$51.0M	10x	as long as short