AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.021%

Price spread now: BloFin against Bitget−0.466%95s7-day average +0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as 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−$340.342% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 3 days (all we have)+0.237%+$24 · spread now −0.466%, 7d avg +0.050%

Together, before fees+0.447%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.516% cheaper against Bitget than usual: you would sell low and buy high (spread −0.466% now, against its 7-day average of +0.050%). If the spread goes back, that is −$52 on $10k: about 15 days of funding at the current rate (+$4 a day). The two prices were read 95 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	Bitget AVAXUSDT	11.373	0.0100	pay 0.0100% / 8h	2h 07m	$35.0M	$61.1M	75x
Short	BloFin AVAX-USDT	11.320	0.0218	get 0.0218% / 8h	2h 07m	$5.0M	$8.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.466%Rate

Funding earned: $24.82
Price spread: −0.466% → +0.050%: −$51.55
Slippage, 4 orders: −$10.25
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$60.98
Costs to cover: 0.342%
Break-even: 24.2 days

Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 11 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 Bitget live order book, 1 min ago	1.32 bp	8.8 bp −$9	12.2 bp −$122	23.2 bp −$2,316	doesn't fit
Sell BloFin live order book, 11 min ago	0.44 bp	8.2 bp −$8	9.0 bp −$90	29.1 bp −$2,910	75.3 bp −$37.7K

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	−0.0103%	1h	11.325	−0.422%	$5.4M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0092%	8h	11.306	−0.587%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0077%	1h	11.325	−0.418%	$299K	$959K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.260	−0.994%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.369	−0.032%	$100K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.328	−0.398%	$16K	—	150x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.339	−0.299%	$995K	$8.4M	50x	as long as short
Gate AVAX_USDT	+0.0067%	8h	11.371	−0.018%	$12.7M	$40.4M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0091%	8h	11.365	−0.070%	$20.4M	$149.9M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.368	−0.043%	$1.3M	$3.3M	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	11.324	−0.431%	$10K	$702K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.371	−0.015%	$13K	$766	20x	as long as short
MEXC AVAX_USDT	+0.0099%	8h	11.376	+0.026%	$55.9M	$110.5M	200x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.325	−0.422%	$30.3M	$4.9M	50x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.362	−0.099%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.375	+0.021%	$302K	$121K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.373	+0.004%	$122.1M	$537.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.382	+0.079%	$91.3M	$156.0M	75x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.378	+0.044%	$16.6M	$24.4M	75x	as long as short
Bitget AVAXUSDTlong	+0.0100%	8h	11.373	long leg	$35.0M	$61.1M	75x
BingX AVAX-USDT	+0.0100%	8h	11.370	−0.026%	—	$90.0M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.339	−0.299%	$339K	$561K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.314	−0.519%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.313	−0.528%	$182K	$681K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.326	−0.413%	$133K	$482K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.334	−0.343%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.361	−0.110%	$12K	$722K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.325	−0.422%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.329	−0.382%	$364K	$1.1M	75x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.366	−0.060%	$676K	$2.2M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.320	−0.469%	$260K	—	3x	as long as short
BloFin AVAX-USDTshort	+0.0218%	8h	11.320	−0.466%	$5.0M	$8.6M	100x
Reya AVAXRUSDPERP	+0.0244%	1h	11.324	−0.427%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0253%	1h	11.333	−0.355%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.325	−0.419%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0681%	1h	11.381	+0.068%	$44.2M	$58.5M	10x	as long as short