Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.018%
Price spread now: MEXC against Bybit+0.028%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.028%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit AVAXUSDT | 10.719 | 0.0076 | pay 0.0076% / 8h | 2h 08m | $80.7M | $147.5M | 75x |
| Short | MEXC AVAX_USDT | 10.722 | 0.0100 | get 0.0100% / 8h | 2h 08m | $45.9M | $81.0M | 200x |
Bybit AVAXUSDT
MEXC AVAX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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
- $4.96
- Price spread: +0.028% → +0.030%
- −$0.21
- Slippage, 4 orders
- −$7.79
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$14.03
- Costs to cover
- 0.188%
- Break-even
- 26.8 days
Slippage from Bybit: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 0.47 bp | 8.2 bp −$8 | 16.1 bp −$161 | 44.0 bp −$4,401 | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.40 bp | 2.0 bp −$2 | 4.3 bp −$43 | 33.7 bp −$3,373 | 99.3 bp −$49.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AVAX/USDC PERP | −0.1423% | 1h | 10.760 | +0.382% | $17K | $152K | 12x | as long as short |
| Kraken Futures PF_AVAXUSD | −0.0278% | 1h | 10.724 | +0.049% | $4.2M | $11.5M | 50x | as long as short |
| Nado AVAX-PERP | −0.0087% | 1h | 10.723 | +0.042% | $285K | $340K | 10x | as long as short |
| Variational Omni AVAX | −0.0032% | 8h | 10.728 | +0.080% | $2.8M | $2.1M | — | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.725 | +0.052% | $89K | $117K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.725 | +0.056% | $4.8M | $7.6M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.726 | +0.067% | $12K | — | 150x | as long as short |
| Gate AVAX_USDT | +0.0037% | 8h | 10.715 | −0.037% | $12.4M | $33.0M | 75x | as long as short |
| Bybit AVAXUSDTlong | +0.0076% | 8h | 10.719 | long leg | $80.7M | $147.5M | 75x | |
| Lighter AVAX | +0.0096% | 1h | 10.719 | +0.001% | $1.2M | $2.6M | 10x | as long as short |
Injective AVAX/USDC PERP
Kraken Futures PF_AVAXUSD
Nado AVAX-PERP
Variational Omni AVAX
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Gate AVAX_USDT
Lighter AVAXShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex AVAXUSDT | +0.0096% | 1h | 10.726 | +0.065% | $19K | $431K | 50x | as long as short |
| Paradex AVAX-USD-PERP | +0.0097% | 8h | 10.727 | +0.076% | $12K | $212 | 20x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.723 | +0.039% | $37.7M | $44.6M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.728 | +0.080% | $2.2M | $1.0M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.721 | +0.019% | $268K | $131K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.720 | +0.007% | $114.7M | $433.7M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.721 | +0.019% | $18.8M | $114.2M | 50x | as long as short |
| MEXC AVAX_USDTshort | +0.0100% | 8h | 10.722 | +0.028% | $45.9M | $81.0M | 200x | |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.718 | −0.009% | $13.1M | $22.9M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.721 | +0.019% | $32.5M | $49.3M | 75x | as long as short |
| BingX AVAX-USDC | +0.0100% | 8h | 10.722 | +0.028% | — | $6.5M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.714 | −0.047% | $428K | $588K | 15x | as long as short |
| GRVT AVAX_USDT_Perp | +0.0100% | 8h | 10.738 | +0.176% | $346K | $988K | 10x | as long as short |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.742 | +0.215% | $173K | $662K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.725 | +0.056% | $136K | $357K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.728 | +0.084% | $217K | $338K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.754 | +0.325% | $11K | $766K | 20x | as long as short |
| SoDEX AVAX-USD | +0.0100% | 1h | 10.720 | +0.009% | $18K | $72K | 10x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.726 | +0.070% | $344K | $859K | 75x | as long as short |
| Phemex AVAXUSDT | +0.0100% | 8h | 10.715 | −0.037% | $28.6M | $5.8M | 50x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.717 | −0.015% | $615K | $1.4M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.717 | −0.014% | $246K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0216% | 1h | 10.744 | +0.233% | $934K | $5.2M | 50x | as long as short |
| BloFin AVAX-USDT | +0.0220% | 8h | 10.713 | −0.056% | $4.6M | $5.7M | 100x | as long as short |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.721 | +0.021% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0295% | 1h | 10.728 | +0.079% | $227K | — | 120x | as long as short |
Popdex AVAXUSDT
Paradex AVAX-USD-PERP
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
OKX AVAX-USDT-SWAP
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDC
Backpack AVAX_USDC_PERP
GRVT AVAX_USDT_Perp
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
SoDEX AVAX-USD
HTX AVAX-USDT
Phemex AVAXUSDT
Extended AVAX-USD
Aevo AVAX-PERP
Coinbase International AVAX-PERP-INTX
BloFin AVAX-USDT
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]