AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%

Price spread now: Popdex against Aevo+0.201%47s7-day average +0.033% · 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—prices read too far apart to compare

costs, in and out, $10k−$7407.401% of the position

Long on Aevo Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.201%, 7d avg +0.033%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.168% dearer against Aevo than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.033%. The two prices were read 47 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	Aevo AVAX-PERP	10.918	0.0104	pay 0.0013% / 1h	20m 41s	$251K	—	3x
Short	Popdex AVAXUSDT	10.940	0.0096	get 0.0012% / 1h	20m 41s	$7K	$449K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Aevo. 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 AevobpFee PopdexbpOrdersPrice spread, now +0.201%Rate

Funding earned: −$1.68
Price spread: +0.201% → +0.033%: $16.77
Slippage, 4 orders: −$717.67
Fee Aevo: 8 bp × 2 orders: −$16
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$724.98
Costs to cover: 7.401%
Break-even: never at this rate

Slippage from Aevo: live order book, 33 min ago; Popdex: live order book, 33 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 Aevo live order book, 33 min ago	179.73 bp	354.1 bp −$354	doesn't fit	doesn't fit	doesn't fit
Sell Popdex live order book, 33 min ago	1.36 bp	5.7 bp −$6	19.6 bp −$196	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	−0.1421%	1h	10.860	−0.532%	$17K	$151K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.930	+0.105%	$96K	$96K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.924	+0.054%	$5.0M	$7.6M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.925	+0.063%	$12K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0020%	1h	10.927	+0.083%	$4.2M	$11.1M	50x	as long as short
Nado AVAX-PERP	+0.0031%	1h	10.917	−0.012%	$283K	$309K	10x	as long as short
Gate AVAX_USDT	+0.0089%	8h	10.938	+0.182%	$12.3M	$32.5M	75x	as long as short
Lighter AVAX	+0.0096%	1h	10.927	+0.082%	$1.2M	$2.7M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	10.940	+0.201%	$7K	$449K	50x
Paradex AVAX-USD-PERP	+0.0099%	8h	10.940	+0.205%	$12K	$212	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AVAXUSDT	+0.0100%	8h	10.927	+0.082%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.936	+0.166%	$275K	$131K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.941	+0.210%	$114.8M	$419.9M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.932	+0.127%	$82.8M	$138.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.937	+0.173%	$19.7M	$111.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.937	+0.173%	$45.5M	$78.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.924	+0.054%	$15.0M	$21.7M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.936	+0.164%	$32.9M	$47.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.937	+0.173%	—	$54.9M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.919	+0.008%	$371K	$547K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	10.916	−0.023%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.931	+0.118%	$352K	$953K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.931	+0.118%	$176K	$665K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.921	+0.027%	$128K	$343K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.930	+0.109%	$192K	$310K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.954	+0.326%	$12K	$723K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	10.924	+0.054%	$18K	$71K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.924	+0.050%	$360K	$776K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.922	+0.036%	$29.1M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.933	+0.137%	$673K	$1.3M	25x	as long as short
Aevo AVAX-PERPlong	+0.0104%	1h	10.918	long leg	$251K	—	3x
BloFin AVAX-USDT	+0.0220%	8h	10.923	+0.045%	$4.9M	$5.3M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	10.923	+0.045%	$890K	$4.8M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	10.917	−0.013%	$1K	—	20x	as long as short
Hyperliquid AVAX	+0.0265%	1h	10.938	+0.182%	$41.9M	$40.3M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0279%	1h	10.925	+0.060%	$237K	—	120x	as long as short