Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.022%
Price spread now: Bitget against BloFin+0.064%85s7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as 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−$400.396% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.419%+$42 · spread now +0.064%, 7d avg −0.036%
=The price spread pays, funding is against you. Bitget is 0.100% dearer against BloFin than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.036%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 85 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 | BloFin AVAX-USDT | 10.873 | 0.0220 | pay 0.0220% / 8h | 6h 57m | $4.7M | $5.3M | 100x |
| Short | Bitget AVAXUSDT | 10.880 | 0.0100 | get 0.0100% / 8h | 6h 57m | $33.1M | $44.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: +0.064% → −0.036%
- $10.01
- Slippage, 4 orders
- −$15.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.74
- Costs to cover
- 0.396%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 1 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 BloFin live order book, 6 min ago | 0.46 bp | 14.6 bp −$15 | 23.1 bp −$231 | 54.7 bp −$5,472 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.46 bp | 9.0 bp −$9 | 18.4 bp −$184 | 42.5 bp −$4,247 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AVAXUSD | −0.0184% | 1h | 10.886 | +0.124% | $3.8M | $11.5M | 50x | as long as short |
| Variational Omni AVAX | −0.0094% | 8h | 10.874 | +0.014% | $3.0M | $2.1M | — | as long as short |
| Phemex AVAXUSDT | −0.0088% | 8h | 10.881 | +0.074% | $29.0M | $5.6M | 50x | as long as short |
| Nado AVAX-PERP | −0.0027% | 1h | 10.884 | +0.101% | $274K | $310K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.888 | +0.134% | $93K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.888 | +0.138% | $4.9M | $6.7M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.897 | +0.220% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0025% | 8h | 10.879 | +0.055% | $14.2M | $28.0M | 75x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −1.039% | $17K | $151K | 12x | as long as short |
| SoDEX AVAX-USD | +0.0086% | 1h | 10.880 | +0.064% | $19K | $68K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0092% | 8h | 10.881 | +0.078% | $12K | $62 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.887 | +0.129% | $1.2M | $2.0M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.888 | +0.138% | $19K | $474K | 50x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.881 | +0.076% | $2.2M | $1.4M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.891 | +0.169% | $274K | $126K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.879 | +0.055% | $114.6M | $387.1M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.875 | +0.018% | $84.8M | $135.4M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.880 | +0.064% | $19.3M | $106.5M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.882 | +0.083% | $55.2M | $72.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.879 | +0.055% | $14.1M | $19.8M | 75x | as long as short |
| Bitget AVAXUSDTshort | +0.0100% | 8h | 10.880 | +0.064% | $33.1M | $44.9M | 75x | |
| BingX AVAX-USDT | +0.0100% | 8h | 10.878 | +0.046% | — | $52.6M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.887 | +0.129% | $440K | $527K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.889 | +0.147% | $341K | $1.3M | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.897 | +0.221% | $175K | $662K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.893 | +0.184% | $137K | $247K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.894 | +0.193% | $236K | $221K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.917 | +0.406% | $12K | $777K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.905 | +0.290% | $337K | $930K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.877 | +0.033% | $621K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.884 | +0.105% | $250K | — | 3x | as long as short |
| Hyperliquid AVAX | +0.0131% | 1h | 10.896 | +0.212% | $36.1M | $39.8M | 10x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0192% | 1h | 10.885 | +0.110% | $857K | $5.3M | 50x | as long as short |
| BloFin AVAX-USDTlong | +0.0220% | 8h | 10.873 | long leg | $4.7M | $5.3M | 100x | |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.871 | −0.018% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0294% | 1h | 10.892 | +0.175% | $230K | — | 120x | as long as short |
BloFin AVAX-USDT
Bitget AVAXUSDT
Kraken Futures PF_AVAXUSD
Variational Omni AVAX
Phemex AVAXUSDT
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Injective AVAX/USDC PERP
SoDEX AVAX-USD
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Hyperliquid AVAX
Coinbase International AVAX-PERP-INTX
GMX AVAX/USD [AVAX-USDC]