AVAX

Alert

Funding spread now, next payment 16:00 UTC−0.0204%/8h

paid, last 24h−0.051%paid, last 3 days−0.029%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.029% in total (about -3.8% a year). A funding rate is set anew for every payment. 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	Reya AVAXRUSDPERP	11.151	0.0243	pay 0.0030% / 1h	30m 35s	$1K	—	20x
Short	Phemex AVAXUSDT	11.160	0.0039	get 0.0039% / 8h	30m 35s	$29.9M	$4.9M	50x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee ReyabpFee PhemexbpOrdersRate

Funding earned: −$42.82
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$60.82
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.076%
Avg gap 7d: —

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 Reya no order-book sample	—	—	—	—	—
Sell Phemex live order book, 5 min ago	1.34 bp	16.1 bp −$16	24.0 bp −$240	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 35 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit AVAX_USDC-PERPETUAL	−0.0646%	1h	$5.3M	$12.3M	25x	as long as short
Variational Omni AVAX	−0.0174%	8h	$3.0M	$3.2M	—	as long as short
SoDEX AVAX-USD	−0.0152%	1h	$19K	$76K	10x	as long as short
Gate AVAX_USDT	−0.0059%	8h	$12.4M	$50.1M	75x	as long as short
Injective AVAX/USDC PERP	−0.0022%	1h	$17K	$79K	12x	as long as short
Bybit AVAXUSDT	−0.0011%	8h	$89.1M	$173.6M	75x	as long as short
dYdX AVAX-USD	0.0000%	1h	$63K	$175K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0002%	1h	$27K	—	150x	as long as short
OKX AVAX-USDT-SWAP	+0.0021%	8h	$20.8M	$184.2M	50x	as long as short
Polymarket Perps AVAX-USD	+0.0022%	1h	$113K	$535K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Binance AVAXUSDT	+0.0035%	8h	$122.2M	$664.8M	75x	as long as short
MEXC AVAX_USDT	+0.0036%	8h	$51.1M	$160.0M	200x	as long as short
Phemex AVAXUSDTshort	+0.0039%	8h	$29.9M	$4.9M	50x
Aster AVAXUSDT	+0.0043%	8h	$2.3M	$2.8M	75x	as long as short
Bitget AVAXUSDT	+0.0072%	8h	$35.0M	$79.2M	75x	as long as short
BingX AVAX-USDT	+0.0073%	8h	—	$108.0M	—	as long as short
Paradex AVAX-USD-PERP	+0.0073%	8h	$13K	$2K	20x	as long as short
Aevo AVAX-PERP	+0.0088%	1h	$256K	—	3x	as long as short
Lighter AVAX	+0.0096%	1h	$1.3M	$3.3M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	$15K	$922K	50x	as long as short
Nado AVAX-PERP	+0.0097%	1h	$314K	$1.6M	10x	as long as short
Pacifica AVAX	+0.0100%	1h	$302K	$138K	10x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	$15.3M	$28.3M	75x	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	$319K	$626K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	$140K	$739K	50x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	$196K	$405K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	$12K	$736K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	$360K	$1.4M	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	$668K	$2.4M	25x	as long as short
BloFin AVAX-USDT	+0.0145%	8h	$5.3M	$11.6M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0176%	1h	$845K	$11.2M	50x	as long as short
Hyperliquid AVAX	+0.0234%	1h	$43.0M	$73.1M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0242%	1h	$4.4M	$18.7M	50x	as long as short
Reya AVAXRUSDPERPlong	+0.0243%	1h	$1K	—	20x
GMX AVAX/USD [AVAX-USDC]	L +0.0403% / S −0.0237%	1h	$236K	—	120x	as long as short