Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Paradex−0.015%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex AVAX-USD-PERP | 10.700 | 0.0091 | pay 0.0091% / 8h | 1h 43m | $12K | $212 | 20x |
| Short | Phemex AVAXUSDT | 10.698 | 0.0100 | get 0.0100% / 8h | 1h 43m | $28.5M | $5.8M | 50x |
Paradex AVAX-USD-PERP
Phemex AVAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Paradex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.85
- Price spread: −0.015% → 0.000%
- −$1.52
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$15.67
- Costs to cover
- 0.160%
- Break-even
- 66.2 days
Slippage unknown: Paradex: no order-book sample; Phemex: live order book, 5 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 3.74 bp | 15.3 bp −$15 | 24.2 bp −$242 | doesn't fit | doesn't fit |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AVAX-PERP | −0.0189% | 1h | 10.696 | −0.034% | $286K | $338K | 10x | as long as short |
| Variational Omni AVAX | −0.0039% | 8h | 10.678 | −0.206% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.705 | +0.054% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.695 | −0.043% | $4.8M | $7.2M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.699 | −0.008% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0031% | 8h | 10.691 | −0.081% | $12.7M | $32.1M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | +0.564% | $17K | $152K | 12x | as long as short |
| SoDEX AVAX-USD | +0.0060% | 1h | 10.694 | −0.053% | $18K | $72K | 10x | as long as short |
| Paradex AVAX-USD-PERPlong | +0.0091% | 8h | 10.700 | long leg | $12K | $212 | 20x | |
| Bybit AVAXUSDT | +0.0094% | 8h | 10.687 | −0.118% | $81.6M | $147.3M | 75x | as long as short |
Nado AVAX-PERP
Variational Omni AVAX
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
SoDEX AVAX-USD
Bybit AVAXUSDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AVAX | +0.0096% | 1h | 10.694 | −0.051% | $1.2M | $2.5M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.699 | −0.006% | $23K | $428K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.699 | −0.006% | $37.3M | $44.0M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.694 | −0.053% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.701 | +0.013% | $269K | $132K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.690 | −0.092% | $113.5M | $427.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.685 | −0.137% | $18.7M | $112.8M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.689 | −0.099% | $44.8M | $80.4M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.694 | −0.053% | $13.6M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.687 | −0.118% | $32.4M | $49.0M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.691 | −0.081% | — | $54.6M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.693 | −0.062% | $427K | $561K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.692 | −0.071% | $342K | $1.1M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.692 | −0.071% | $172K | $664K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.697 | −0.025% | $136K | $354K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.702 | +0.022% | $230K | $346K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.728 | +0.263% | $12K | $764K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.694 | −0.057% | $343K | $873K | 75x | as long as short |
| Phemex AVAXUSDTshort | +0.0100% | 8h | 10.698 | −0.015% | $28.5M | $5.8M | 50x | |
| Extended AVAX-USD | +0.0104% | 1h | 10.684 | −0.145% | $609K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.694 | −0.053% | $246K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0113% | 1h | 10.700 | +0.002% | $4.2M | $11.3M | 50x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.706 | +0.060% | $935K | $5.1M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.705 | +0.050% | $4.7M | $5.6M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.690 | −0.091% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.698 | −0.018% | $226K | — | 120x | as long as short |
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Aevo AVAX-PERP
Kraken Futures PF_AVAXUSD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]