AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.021%

Price spread now: Coinbase International against Popdex+0.188%7-day average +0.047% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on Popdex Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.088%+$9 on $10k

Price spread, last 3 days (all we have)−0.309%−$31 · spread now +0.188%, 7d avg +0.047%

Together, before fees−0.221%−$22 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.142% dearer against Popdex than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex AVAXUSDT	11.155	0.0096	pay 0.0012% / 1h	50m 41s	$18K	$647K	50x
Short	Coinbase International AVAX-PERP-INTX	11.176	0.0304	get 0.0038% / 1h	50m 41s	$904K	$7.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Popdex. 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 PopdexbpFee Coinbase InternationalbpOrdersPrice spread, now +0.188%Rate

Funding earned: $43.68
Price spread: +0.188% → +0.047%: $14.16
Slippage, 4 orders: −$18.38
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $23.06
Costs to cover: 0.348%
Break-even: 3.3 days

Slippage from Popdex: live order book, 23 min ago; Coinbase International: live order book, 3 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 Popdex live order book, 23 min ago	0.45 bp	4.5 bp −$4	8.3 bp −$83	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	2.23 bp	12.0 bp −$12	17.5 bp −$175	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	11.110	−0.403%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0109%	1h	11.149	−0.054%	$5.3M	$8.8M	25x	as long as short
Nado AVAX-PERP	−0.0004%	1h	11.155	0.000%	$293K	$860K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.140	−0.133%	$103K	$105K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.155	−0.002%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0088%	8h	11.133	−0.197%	$12.2M	$37.9M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.139	−0.148%	$1.2M	$3.1M	10x	as long as short
Popdex AVAXUSDTlong	+0.0096%	1h	11.155	long leg	$18K	$647K	50x
Paradex AVAX-USD-PERP	+0.0100%	8h	11.134	−0.192%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.145	−0.088%	$2.3M	$1.7M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.141	−0.126%	$296K	$118K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.136	−0.170%	$119.0M	$503.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.137	−0.161%	$88.7M	$152.7M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.130	−0.224%	$20.1M	$138.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.139	−0.143%	$48.9M	$88.0M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.143	−0.108%	$15.6M	$24.0M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.133	−0.197%	$33.7M	$56.8M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.132	−0.206%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.142	−0.117%	$356K	$565K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.152	−0.029%	$3.0M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.192	+0.333%	$361K	$863K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.196	+0.368%	$180K	$689K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.156	+0.009%	$131K	$440K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.161	+0.054%	$198K	$303K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.185	+0.267%	$12K	$734K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.150	−0.045%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.158	+0.023%	$360K	$980K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.152	−0.027%	$30.0M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.131	−0.214%	$666K	$2.1M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.153	−0.014%	$256K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0216%	1h	11.154	−0.012%	$4.5M	$12.9M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.148	−0.063%	$5.0M	$6.7M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.151	−0.033%	$1K	—	20x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0304%	1h	11.176	+0.188%	$904K	$7.3M	50x
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0260%	1h	11.155	−0.004%	$249K	—	120x	as long as short
Hyperliquid AVAX	+0.0643%	1h	11.156	+0.010%	$43.5M	$53.6M	10x	as long as short