AVAX

Alert

Funding spread now, next payment 00:00 UTC−0.0572%/8h

next payment, per $10,000−$5.72paid, last 24h−0.025%paid, last 7 days−0.066%to open and close $10k−$46

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.066% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.72 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex AVAXUSDT	11.019	0.0100	pay 0.0100% / 8h	7h 48m	$29.5M	$4.8M	50x
Short	Bybit AVAXUSDT	11.019	−0.0472	pay 0.0472% / 8h	7h 48m	$87.2M	$169.8M	75x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PhemexbpFee BybitbpOrdersRate

Funding earned: −$120.02
Slippage, 4 orders: −$22.83
Fee Phemex: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$165.85
Break-even: never at this rate

Slippage from Phemex: live order book, 2 min ago; Bybit: live order book, 2 min ago.

Price risk

price view

Price gap now: 0.000%
Avg gap 7d: −0.079%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Phemex live order book, 2 min ago	3.63 bp	16.0 bp −$16	23.9 bp −$239	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.45 bp	6.9 bp −$7	18.6 bp −$186	46.2 bp −$4,622	doesn't fit

AVAX on 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AVAX_USDC-PERPETUAL	−0.0567%	1h	$5.2M	$11.8M	25x	as long as short
Bybit AVAXUSDTshort	−0.0472%	8h	$87.2M	$169.8M	75x
Gate AVAX_USDT	−0.0423%	8h	$12.2M	$44.7M	75x	as long as short
ApeX Omni AVAXUSDT	−0.0260%	1h	$139K	$730K	50x	as long as short
Variational Omni AVAX	−0.0240%	8h	$3.0M	$3.0M	—	as long as short
SoDEX AVAX-USD	−0.0174%	1h	$19K	$75K	10x	as long as short
Backpack AVAX_USDC_PERP	−0.0054%	1h	$318K	$591K	15x	as long as short
Kraken Futures PF_AVAXUSD	−0.0023%	1h	$4.4M	$17.5M	50x	as long as short
OKX AVAX-USDT-SWAP	−0.0009%	8h	$20.5M	$171.5M	50x	as long as short
dYdX AVAX-USD	0.0000%	1h	$63K	$173K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	$12K	—	150x	as long as short
Binance AVAXUSDT	+0.0002%	8h	$119.7M	$635.7M	75x	as long as short
MEXC AVAX_USDT	+0.0002%	8h	$51.8M	$144.6M	200x	as long as short
Aster AVAXUSDT	+0.0002%	8h	$2.3M	$2.6M	75x	as long as short
Polymarket Perps AVAX-USD	+0.0003%	1h	$111K	$522K	10x	as long as short
BloFin AVAX-USDT	+0.0007%	8h	$5.1M	$11.3M	100x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	$17K	$79K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0052%	8h	$13K	$2K	20x	as long as short
Bitget AVAXUSDT	+0.0066%	8h	$34.1M	$73.8M	75x	as long as short
BingX AVAX-USDC	+0.0069%	8h	—	$6.6M	—	as long as short
Nado AVAX-PERP	+0.0076%	1h	$309K	$1.4M	10x	as long as short
Aevo AVAX-PERP	+0.0080%	1h	$253K	—	3x	as long as short
Lighter AVAX	+0.0096%	1h	$1.3M	$3.1M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	$16K	$868K	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0096%	1h	$841K	$10.3M	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	$42.7M	$67.1M	10x	as long as short
Pacifica AVAX	+0.0100%	1h	$298K	$137K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	$14.6M	$27.5M	75x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	$194K	$404K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	$12K	$695K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	$355K	$1.4M	75x	as long as short
Phemex AVAXUSDTlong	+0.0100%	8h	$29.5M	$4.8M	50x
Extended AVAX-USD	+0.0104%	1h	$646K	$2.4M	25x	as long as short
Reya AVAXRUSDPERP	+0.0243%	1h	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0403% / S −0.0236%	1h	$233K	—	120x	as long as short