AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.025%

Price spread now: MEXC against BloFin+0.028%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

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

costs, in and out, $10k−$240.244% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.220%−$22 on $10k

Price spread, last 4 days (all we have)+0.076%+$8 · spread now +0.028%, 7d avg −0.006%

Together, before fees−0.144%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.034% dearer against BloFin than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.006%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin AVAX-USDT	10.736	0.0220	pay 0.0220% / 8h	1h 14m	$4.6M	$5.6M	100x
Short	MEXC AVAX_USDT	10.739	0.0100	get 0.0100% / 8h	1h 14m	$45.5M	$81.0M	200x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$25.2
Price spread: +0.028% → −0.006%: $3.38
Slippage, 4 orders: −$12.39
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$46.21
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; MEXC: 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 BloFin live order book, 9 min ago	1.40 bp	11.3 bp −$11	17.9 bp −$179	43.0 bp −$4,299	doesn't fit
Sell MEXC live order book, 4 min ago	0.47 bp	1.9 bp −$2	4.5 bp −$45	41.2 bp −$4,120	100.2 bp −$50.1K

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	−0.0198%	1h	10.732	−0.033%	$282K	$341K	10x	as long as short
Variational Omni AVAX	−0.0059%	8h	10.732	−0.041%	$2.8M	$2.1M	—	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0029%	1h	10.740	+0.037%	$4.8M	$7.1M	25x	as long as short
dYdX AVAX-USD	0.0000%	1h	10.738	+0.018%	$92K	$119K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.741	+0.045%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0029%	8h	10.735	−0.009%	$12.9M	$32.4M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.224%	$17K	$152K	12x	as long as short
SoDEX AVAX-USD	+0.0086%	1h	10.738	+0.019%	$18K	$72K	10x	as long as short
Paradex AVAX-USD-PERP	+0.0087%	8h	10.736	0.000%	$12K	$212	20x	as long as short
Bybit AVAXUSDT	+0.0087%	8h	10.735	−0.009%	$81.9M	$146.0M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter AVAX	+0.0096%	1h	10.738	+0.017%	$1.2M	$2.5M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.738	+0.019%	$20K	$445K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.750	+0.130%	$37.4M	$43.8M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.737	+0.006%	$2.2M	$1.0M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.742	+0.053%	$270K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.737	+0.009%	$114.0M	$423.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.734	−0.019%	$18.9M	$112.3M	50x	as long as short
MEXC AVAX_USDTshort	+0.0100%	8h	10.739	+0.028%	$45.5M	$81.0M	200x
KuCoin AVAXUSDTM	+0.0100%	8h	10.738	+0.019%	$13.8M	$22.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.737	+0.009%	$32.5M	$48.5M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	10.737	+0.009%	—	$54.6M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.741	+0.047%	$438K	$564K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.747	+0.102%	$342K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.739	+0.028%	$173K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.740	+0.037%	$135K	$353K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.745	+0.084%	$231K	$255K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	10.767	+0.284%	$12K	$768K	20x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.739	+0.023%	$326K	$906K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.741	+0.047%	$28.7M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.734	−0.020%	$610K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.739	+0.033%	$247K	—	3x	as long as short
Kraken Futures PF_AVAXUSD	+0.0113%	1h	10.738	+0.022%	$3.8M	$12.1M	50x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0200%	1h	10.747	+0.102%	$857K	$5.1M	50x	as long as short
BloFin AVAX-USDTlong	+0.0220%	8h	10.736	long leg	$4.6M	$5.6M	100x
Reya AVAXRUSDPERP	+0.0245%	1h	10.735	−0.007%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.740	+0.034%	$227K	—	120x	as long as short