AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h +0.003%

Price spread now: Gate against Bybit−0.026%7-day average +0.022% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$470.469% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.037%+$4 · spread now −0.026%, 7d avg +0.022%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.048% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.022%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVAXUSDT	11.322	0.0100	pay 0.0100% / 8h	2h 11m	$90.8M	$155.9M	75x
Short	Gate AVAX_USDT	11.319	0.0056	get 0.0056% / 8h	2h 11m	$12.7M	$40.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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 BybitbpFee GatebpOrdersPrice spread, now −0.026%Rate

Funding earned: −$9.24
Price spread: −0.026% → +0.022%: −$4.83
Slippage, 4 orders: −$20.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$61
Costs to cover: 0.469%
Break-even: never at this rate

Slippage from Bybit: live order book, 8 min ago; Gate: live order book, 3 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 Bybit live order book, 8 min ago	0.44 bp	7.6 bp −$8	20.5 bp −$205	53.8 bp −$5,384	doesn't fit
Sell Gate live order book, 3 min ago	1.77 bp	13.5 bp −$13	21.4 bp −$214	39.6 bp −$3,964	67.0 bp −$33.5K

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	11.319	−0.026%	$5.4M	$9.4M	25x	as long as short
Variational Omni AVAX	−0.0102%	8h	11.280	−0.371%	$2.9M	$2.1M	—	as long as short
Nado AVAX-PERP	−0.0079%	1h	11.310	−0.108%	$298K	$960K	10x	as long as short
Injective AVAX/USDC PERP	−0.0043%	1h	11.250	−0.636%	$17K	$152K	12x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.304	−0.157%	$99K	$115K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0004%	1h	11.319	−0.026%	$16K	—	150x	as long as short
Gate AVAX_USDTshort	+0.0056%	8h	11.319	−0.026%	$12.7M	$40.4M	75x
Coinbase International AVAX-PERP-INTX	+0.0056%	1h	11.318	−0.035%	$993K	$8.3M	50x	as long as short
OKX AVAX-USDT-SWAP	+0.0085%	8h	11.321	−0.009%	$20.3M	$149.3M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.319	−0.026%	$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
Extended AVAX-USD	+0.0096%	1h	11.318	−0.037%	$676K	$2.2M	25x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.309	−0.115%	$10K	$702K	50x	as long as short
MEXC AVAX_USDT	+0.0096%	8h	11.318	−0.035%	$55.9M	$110.3M	200x	as long as short
Binance AVAXUSDT	+0.0097%	8h	11.319	−0.025%	$121.3M	$537.3M	75x	as long as short
Paradex AVAX-USD-PERP	+0.0098%	8h	11.298	−0.213%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.319	−0.024%	$2.3M	$1.9M	75x	as long as short
Pacifica AVAX	+0.0100%	1h	11.303	−0.170%	$300K	$121K	10x	as long as short
Bybit AVAXUSDTlong	+0.0100%	8h	11.322	long leg	$90.8M	$155.9M	75x
KuCoin AVAXUSDTM	+0.0100%	8h	11.322	0.000%	$16.2M	$24.4M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.321	−0.009%	$34.9M	$61.1M	75x	as long as short
BingX AVAX-USDT	+0.0100%	8h	11.320	−0.018%	—	$90.1M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.322	0.000%	$339K	$565K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.317	−0.047%	$358K	$895K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.295	−0.238%	$182K	$681K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.317	−0.044%	$133K	$482K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.327	+0.044%	$204K	$302K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.328	+0.057%	$12K	$721K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.319	−0.026%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.316	−0.049%	$363K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.321	−0.009%	$30.3M	$4.9M	50x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.317	−0.044%	$260K	—	3x	as long as short
BloFin AVAX-USDT	+0.0217%	8h	11.315	−0.062%	$5.0M	$8.6M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.315	−0.064%	$1K	—	20x	as long as short
Kraken Futures PF_AVAXUSD	+0.0253%	1h	11.327	+0.047%	$4.6M	$13.6M	50x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0405% / S −0.0245%	1h	11.317	−0.040%	$244K	—	120x	as long as short
Hyperliquid AVAX	+0.0670%	1h	11.339	+0.150%	$44.1M	$58.9M	10x	as long as short