AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.018%

Price spread now: Coinbase International against Reya−0.076%48s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.076% cheaper against Reya than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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	Reya AVAXRUSDPERP	10.719	0.0245	pay 0.0031% / 1h	10m 35s	$1K	—	20x
Short	Coinbase International AVAX-PERP-INTX	10.711	0.0224	get 0.0028% / 1h	10m 35s	$851K	$4.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Reya. 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 ReyabpFee Coinbase InternationalbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$4.37
Price spread: −0.076% → 0.000%: −$7.59
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$27.96
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 3 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 Reya no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 3 min ago	2.80 bp	10.6 bp −$11	16.7 bp −$167	doesn't fit	doesn't fit

Reya: 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	−0.0196%	1h	10.715	−0.039%	$289K	$329K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0184%	1h	10.709	−0.091%	$3.8M	$11.6M	50x	as long as short
Variational Omni AVAX	−0.0076%	8h	10.702	−0.158%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.712	−0.070%	$91K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.712	−0.067%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.706	−0.125%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0010%	8h	10.706	−0.123%	$13.2M	$30.9M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.381%	$17K	$151K	12x	as long as short
Paradex AVAX-USD-PERP	+0.0092%	8h	10.707	−0.113%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.709	−0.091%	$1.2M	$2.4M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	10.714	−0.048%	$25K	$468K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.715	−0.039%	$36.7M	$41.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.713	−0.061%	$2.2M	$896K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.714	−0.048%	$269K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.713	−0.057%	$113.4M	$405.3M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.718	−0.011%	$81.8M	$139.2M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.720	+0.008%	$18.8M	$107.7M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.712	−0.067%	$52.7M	$80.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.706	−0.123%	$13.8M	$21.6M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.719	−0.001%	$32.6M	$46.4M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.712	−0.067%	—	$53.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.713	−0.057%	$437K	$546K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.715	−0.039%	$337K	$1.2M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.720	+0.008%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.722	+0.027%	$135K	$297K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.712	−0.067%	$232K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.736	+0.159%	$11K	$770K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.707	−0.113%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.709	−0.095%	$326K	$859K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.711	−0.076%	$28.6M	$5.7M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.711	−0.077%	$605K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.701	−0.170%	$246K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.703	−0.151%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTXshort	+0.0224%	1h	10.711	−0.076%	$851K	$4.7M	50x
Reya AVAXRUSDPERPlong	+0.0245%	1h	10.719	long leg	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.713	−0.061%	$226K	—	120x	as long as short