AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0248%/8h= −27.2% APRnext payment −$2.48 per $10,000 · paid last 24h −0.022%

Price spread now: Gate against BingX+0.009%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$420.418% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 7 days−0.005%$0 · spread now +0.009%, 7d avg +0.012%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.48 per $10,000. 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	BingX AVAX-USDT	10.757	0.0100	pay 0.0100% / 8h	7h 52m	—	$53.2M	—
Short	Gate AVAX_USDT	10.758	−0.0148	pay 0.0148% / 8h	7h 52m	$13.4M	$28.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now +0.009%Rate

Funding earned: −$52.08
Price spread: +0.009% → +0.012%: −$0.31
Slippage, 4 orders: −$16.78
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$94.18
Costs to cover: 0.418%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; Gate: live order book, 2 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 BingX live order book, 2 min ago	0.46 bp	5.5 bp −$6	6.4 bp −$64	10.2 bp −$1,018	28.0 bp −$14.0K
Sell Gate live order book, 2 min ago	0.46 bp	15.1 bp −$15	25.8 bp −$258	44.2 bp −$4,423	66.1 bp −$33.0K

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
Nado AVAX-PERP	−0.0336%	1h	10.764	+0.065%	$291K	$322K	10x	as long as short
Kraken Futures PF_AVAXUSD	−0.0266%	1h	10.755	−0.022%	$3.8M	$11.6M	50x	as long as short
Gate AVAX_USDTshort	−0.0148%	8h	10.758	+0.009%	$13.4M	$28.5M	75x
Deribit AVAX_USDC-PERPETUAL	−0.0122%	1h	10.752	−0.046%	$4.9M	$6.8M	25x	as long as short
Phemex AVAXUSDT	−0.0083%	8h	10.762	+0.046%	$28.7M	$5.7M	50x	as long as short
Variational Omni AVAX	−0.0075%	8h	10.715	−0.393%	$2.9M	$2.1M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.769	+0.113%	$92K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.761	+0.037%	$12K	—	150x	as long as short
SoDEX AVAX-USD	+0.0026%	1h	10.753	−0.037%	$18K	$68K	10x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.028%	$17K	$151K	12x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT AVAX_USDT_Perp	+0.0081%	8h	10.709	−0.447%	$342K	$1.2M	10x	as long as short
Paradex AVAX-USD-PERP	+0.0093%	8h	10.761	+0.040%	$12K	$212	20x	as long as short
Lighter AVAX	+0.0096%	1h	10.755	−0.020%	$1.2M	$2.0M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.766	+0.084%	$25K	$464K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.767	+0.093%	$36.9M	$40.0M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.766	+0.079%	$2.2M	$1.1M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.772	+0.135%	$271K	$128K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.753	−0.037%	$113.8M	$399.5M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	10.754	−0.028%	$84.0M	$139.6M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.756	−0.009%	$19.0M	$107.0M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.753	−0.037%	$52.8M	$78.8M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.757	0.000%	$13.9M	$21.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.753	−0.037%	$32.7M	$45.8M	75x	as long as short
BingX AVAX-USDTlong	+0.0100%	8h	10.757	long leg	—	$53.2M	—
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.758	+0.009%	$438K	$531K	15x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.713	−0.409%	$173K	$663K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.770	+0.121%	$135K	$287K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.763	+0.056%	$233K	$254K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.789	+0.300%	$12K	$769K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.742	−0.138%	$331K	$874K	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.749	−0.071%	$601K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.750	−0.061%	$247K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.765	+0.074%	$845K	$5.1M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.781	+0.223%	$4.7M	$5.5M	100x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.759	+0.022%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.760	+0.024%	$227K	—	120x	as long as short