AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.018%

Price spread now: Bybit against Binance+0.044%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 7 days−0.055%−$6 · spread now +0.044%, 7d avg −0.030%

Together, before fees−0.101%−$10 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: Bybit is 0.074% dearer against Binance than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance AVAXUSDT	11.309	0.0098	pay 0.0098% / 8h	2h 09m	$121.2M	$537.1M	75x
Short	Bybit AVAXUSDT	11.314	0.0100	get 0.0100% / 8h	2h 09m	$90.7M	$155.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0.38
Price spread: +0.044% → −0.030%: $7.39
Slippage, 4 orders: −$7.54
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$20.77
Costs to cover: 0.285%
Break-even: 385.3 days

Slippage from Binance: live order book, 4 min ago; Bybit: live order book, 9 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 Binance live order book, 4 min ago	0.44 bp	6.2 bp −$6	14.4 bp −$144	40.8 bp −$4,077	128.9 bp −$64.4K
Sell Bybit live order book, 9 min ago	0.44 bp	8.1 bp −$8	14.0 bp −$140	39.5 bp −$3,948	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
Deribit AVAX_USDC-PERPETUAL	−0.0104%	1h	11.308	−0.009%	$5.4M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0092%	8h	11.306	−0.025%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0077%	1h	11.309	−0.004%	$298K	$959K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.250	−0.522%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.317	+0.067%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.307	−0.020%	$16K	—	150x	as long as short
Gate AVAX_USDT	+0.0055%	8h	11.309	0.000%	$12.7M	$40.4M	75x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.327	+0.159%	$994K	$8.3M	50x	as long as short
OKX AVAX-USDT-SWAP	+0.0087%	8h	11.311	+0.018%	$20.3M	$149.2M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.309	+0.002%	$1.3M	$3.2M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex AVAXUSDT	+0.0096%	1h	11.309	0.000%	$10K	$702K	50x	as long as short
MEXC AVAX_USDT	+0.0096%	8h	11.308	−0.009%	$55.8M	$110.3M	200x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.313	+0.037%	$13K	$766	20x	as long as short
Binance AVAXUSDTlong	+0.0098%	8h	11.309	long leg	$121.2M	$537.1M	75x
Aster AVAXUSDT	+0.0100%	8h	11.312	+0.025%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.317	+0.074%	$301K	$121K	10x	as long as short
Bybit AVAXUSDTshort	+0.0100%	8h	11.314	+0.044%	$90.7M	$155.9M	75x
KuCoin AVAXUSDTM	+0.0100%	8h	11.313	+0.035%	$16.2M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.312	+0.027%	$34.8M	$61.1M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.312	+0.027%	—	$6.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.309	0.000%	$338K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.317	+0.067%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.295	−0.124%	$182K	$681K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.310	+0.009%	$133K	$482K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.317	+0.071%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.345	+0.314%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.308	−0.009%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.309	−0.004%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.310	+0.009%	$30.3M	$4.9M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.309	−0.004%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.303	−0.056%	$260K	—	3x	as long as short
BloFin AVAX-USDT	+0.0217%	8h	11.315	+0.053%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.303	−0.057%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0254%	1h	11.317	+0.072%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.305	−0.038%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0674%	1h	11.330	+0.186%	$44.0M	$58.5M	10x	as long as short