AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.010%

Price spread now: Kraken Futures against ApeX Omni−0.480%75s7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$560.563% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$11 on $10k

Price spread, last 3 days (all we have)+0.483%+$48 · spread now −0.480%, 7d avg +0.021%

Together, before fees+0.368%+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.501% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.480% now, against its 7-day average of +0.021%). If the spread goes back, that is −$50 on $10k: about 11 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.115%, so the current rate has only just turned in your favour. The two prices were read 75 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	ApeX Omni AVAXUSDT	11.118	0.0100	pay 0.0013% / 1h	40m 02s	$179K	$681K	50x
Short	Kraken Futures PF_AVAXUSD	11.065	0.0256	get 0.0032% / 1h	40m 02s	$4.3M	$12.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.480%Rate

Funding earned: $32.73
Price spread: −0.480% → +0.021%: −$50.07
Slippage, 4 orders: −$36.28
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$73.62
Costs to cover: 0.563%
Break-even: 22.7 days

Slippage from ApeX Omni: live order book, 28 min ago; Kraken Futures: live order book, 4 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 ApeX Omni live order book, 28 min ago	4.46 bp	15.8 bp −$16	115.3 bp −$1,153	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	4.05 bp	15.2 bp −$15	20.8 bp −$208	54.2 bp −$5,418	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	−0.1423%	1h	11.050	−0.612%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0112%	1h	11.054	−0.576%	$5.2M	$8.3M	25x	as long as short
Nado AVAX-PERP	−0.0032%	1h	11.032	−0.769%	$286K	$523K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.054	−0.573%	$102K	$96K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.046	−0.652%	$13K	—	150x	as long as short
Gate AVAX_USDT	+0.0008%	8h	11.059	−0.531%	$12.0M	$36.5M	75x	as long as short
Lighter AVAX	+0.0096%	1h	11.067	−0.455%	$1.2M	$3.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.036	−0.738%	$15K	$596K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.048	−0.626%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.052	−0.592%	$2.3M	$1.4M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.054	−0.578%	$293K	$107K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.064	−0.486%	$118.0M	$470.7M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.066	−0.468%	$88.2M	$146.0M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.067	−0.459%	$19.8M	$126.1M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.067	−0.459%	$48.5M	$82.5M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.070	−0.432%	$15.4M	$22.9M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.064	−0.486%	$33.3M	$52.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.067	−0.459%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.068	−0.450%	$354K	$548K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.080	−0.344%	$2.9M	$2.2M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.085	−0.296%	$352K	$807K	10x	as long as short
ApeX Omni AVAXUSDTlong	+0.0100%	1h	11.118	long leg	$179K	$681K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.042	−0.684%	$130K	$363K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.057	−0.549%	$194K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.072	−0.412%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.058	−0.540%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.016	−0.921%	$358K	$939K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.069	−0.441%	$29.5M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.054	−0.572%	$668K	$2.0M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.056	−0.561%	$254K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.117	−0.009%	$5.0M	$6.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.040	−0.703%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSDshort	+0.0256%	1h	11.065	−0.480%	$4.3M	$12.1M	50x
Coinbase International AVAX-PERP-INTX	+0.0288%	1h	11.038	−0.720%	$901K	$6.0M	50x	as long as short
Hyperliquid AVAX	+0.0417%	1h	11.082	−0.324%	$43.2M	$48.1M	10x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.044	−0.663%	$234K	—	120x	as long as short