Funding you earn now, next payment 06:00 UTC−0.0230%/8h= −25.2% APRpaid last 24h −0.073%
Price spread now: Gate against Reya−0.224%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.224% cheaper against Reya than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AVAXRUSDPERP | 10.609 | 0.0244 | pay 0.0031% / 1h | 50m 09s | $1K | — | 20x |
| Short | Gate AVAX_USDT | 10.585 | 0.0014 | get 0.0014% / 8h | 2h 50m | $12.0M | $31.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Reya. 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
- −$48.4
- Price spread: −0.224% → 0.000%
- −$22.44
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$91.84
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.35 bp | 16.1 bp −$16 | 25.9 bp −$259 | 44.7 bp −$4,475 | 73.9 bp −$36.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 10.760 | +1.425% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0282% | 1h | 10.593 | −0.152% | $4.2M | $11.3M | 50x | as long as short |
| ApeX Omni AVAXUSDT | −0.0251% | 1h | 10.655 | +0.435% | $172K | $666K | 50x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0127% | 1h | 10.601 | −0.074% | $4.8M | $7.6M | 25x | as long as short |
| Polymarket Perps AVAX-USD | −0.0019% | 1h | 10.612 | +0.030% | $131K | $345K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.623 | +0.130% | $93K | $101K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.614 | +0.052% | $12K | — | 150x | as long as short |
| Gate AVAX_USDTshort | +0.0014% | 8h | 10.585 | −0.224% | $12.0M | $31.7M | 75x | |
| Variational Omni AVAX | +0.0037% | 8h | 10.617 | +0.074% | $2.8M | $2.2M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0058% | 1h | 10.592 | −0.158% | $369K | $534K | 15x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0096% | 8h | 10.615 | +0.057% | $12K | $212 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.589 | −0.184% | $1.2M | $2.6M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.610 | +0.011% | $9K | $444K | 50x | as long as short |
| SoDEX AVAX-USD | +0.0097% | 1h | 10.588 | −0.196% | $18K | $72K | 10x | as long as short |
| Nado AVAX-PERP | +0.0100% | 1h | 10.613 | +0.040% | $281K | $322K | 10x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.601 | −0.074% | $38.2M | $43.0M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.589 | −0.183% | $2.1M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.627 | +0.171% | $268K | $130K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.593 | −0.149% | $111.0M | $425.1M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.585 | −0.224% | $78.6M | $143.0M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.593 | −0.149% | $18.6M | $110.2M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.596 | −0.121% | $40.7M | $78.8M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.585 | −0.224% | $13.3M | $22.6M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.590 | −0.177% | $31.4M | $48.7M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.594 | −0.140% | — | $55.0M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.654 | +0.423% | $336K | $950K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.612 | +0.030% | $186K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.653 | +0.416% | $12K | $738K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.599 | −0.092% | $351K | $787K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.595 | −0.130% | $28.3M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.598 | −0.105% | $642K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.600 | −0.086% | $243K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.589 | −0.187% | $860K | $4.7M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.629 | +0.190% | $4.7M | $5.5M | 100x | as long as short |
| Reya AVAXRUSDPERPlong | +0.0244% | 1h | 10.609 | long leg | $1K | — | 20x | |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0271% | 1h | 10.614 | +0.049% | $232K | — | 120x | as long as short |
Gate AVAX_USDT
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
ApeX Omni AVAXUSDT
Deribit AVAX_USDC-PERPETUAL
Polymarket Perps AVAX-USD
gTrade (Gains Network) AVAX/USD
Variational Omni AVAX
Backpack AVAX_USDC_PERP
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
SoDEX AVAX-USD
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
GRVT AVAX_USDT_Perp
SunX AVAX-USDT
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
GMX AVAX/USD [AVAX-USDC]