Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.045%
Price spread now: Popdex against Reya+0.083%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Popdex is 0.083% dearer against Reya than usual: you sell high and buy low (spread +0.083% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya AVAXRUSDPERP | 11.120 | 0.0244 | pay 0.0031% / 1h | 37m 25s | $1K | — | 20x |
| Short | Popdex AVAXUSDT | 11.129 | 0.0096 | get 0.0012% / 1h | 37m 25s | $16K | $579K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- −$31.13
- Price spread: +0.083% → 0.000%
- $8.34
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$35.19
- Costs to cover
- 0.124%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; Popdex: live order book, 22 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 Popdex live order book, 22 min ago | 2.24 bp | 6.3 bp −$6 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 11.120 | +0.002% | $17K | $151K | 12x | as long as short |
| Nado AVAX-PERP | −0.0032% | 1h | 11.118 | −0.011% | $286K | $373K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | −0.0019% | 1h | 11.143 | +0.209% | $5.2M | $7.9M | 25x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 11.138 | +0.164% | $97K | $97K | 10x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 11.132 | +0.112% | $13K | — | 150x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 11.136 | +0.151% | $1.2M | $2.9M | 10x | as long as short |
| Popdex AVAXUSDTshort | +0.0096% | 1h | 11.129 | +0.083% | $16K | $579K | 50x | |
| Paradex AVAX-USD-PERP | +0.0100% | 8h | 11.137 | +0.155% | $13K | $434 | 20x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 11.138 | +0.168% | $2.3M | $1.1M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 11.141 | +0.189% | $290K | $114K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance AVAXUSDT | +0.0100% | 8h | 11.124 | +0.035% | $118.1M | $426.8M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 11.114 | −0.052% | $88.2M | $137.6M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 11.121 | +0.011% | $20.4M | $115.4M | 50x | as long as short |
| Gate AVAX_USDT | +0.0100% | 8h | 11.136 | +0.146% | $12.2M | $34.1M | 75x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 11.126 | +0.056% | $48.1M | $77.6M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 11.132 | +0.110% | $15.7M | $21.6M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 11.121 | +0.011% | $33.4M | $48.0M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 11.133 | +0.119% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 11.142 | +0.200% | $337K | $521K | 15x | as long as short |
| Variational Omni AVAX | +0.0100% | 8h | 11.161 | +0.375% | $2.9M | $2.2M | — | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 11.157 | +0.333% | $352K | $845K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 11.154 | +0.308% | $179K | $673K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 11.131 | +0.101% | $131K | $337K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 11.151 | +0.281% | $196K | $310K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 11.175 | +0.493% | $12K | $705K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 11.143 | +0.209% | $19K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 11.140 | +0.187% | $366K | $826K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 11.139 | +0.173% | $29.7M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 11.131 | +0.099% | $689K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 11.140 | +0.179% | $256K | — | 3x | as long as short |
| Kraken Futures PF_AVAXUSD | +0.0211% | 1h | 11.148 | +0.257% | $4.3M | $11.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 11.139 | +0.173% | $5.0M | $5.4M | 100x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0232% | 1h | 11.156 | +0.326% | $892K | $5.3M | 50x | as long as short |
| Reya AVAXRUSDPERPlong | +0.0244% | 1h | 11.120 | long leg | $1K | — | 20x | |
| GMX AVAX/USD [AVAX-USDC] | L +0.0436% / S −0.0295% | 1h | 11.144 | +0.218% | $236K | — | 120x | as long as short |
| Hyperliquid AVAX | +0.0590% | 1h | 11.132 | +0.110% | $43.1M | $42.3M | 10x | as long as short |
Popdex AVAXUSDT
Injective AVAX/USDC PERP
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Lighter AVAX
Paradex AVAX-USD-PERP
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
Gate AVAX_USDT
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
Variational Omni AVAX
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Kraken Futures PF_AVAXUSD
BloFin AVAX-USDT
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]
Hyperliquid AVAX