AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.034%

Price spread now: SunX against Bybit+0.395%7-day average +0.308% · you sell dearer than you buy

Net, funding: paid 7d − costs−$161as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1721.723% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.395%, 7d avg +0.308%

Together, before fees−0.060%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.087% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.308%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AVAXUSDT	10.694	0.0081	pay 0.0081% / 8h	50m 59s	$81.5M	$142.3M	75x
Short	SunX AVAX-USDT	10.736	0.0100	get 0.0100% / 8h	50m 59s	$11K	$770K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.395%Rate

Funding earned: $3.92
Price spread: +0.395% → +0.308%: $8.67
Slippage, 4 orders: −$153.29
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$159.7
Costs to cover: 1.723%
Break-even: 292.1 days

Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 71 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, 3 min ago	0.47 bp	7.2 bp −$7	13.5 bp −$135	42.9 bp −$4,288	doesn't fit
Sell SunX live order book, 71 min ago	41.92 bp	101.8 bp −$102	doesn't fit	doesn't fit	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	−0.0185%	1h	10.693	−0.014%	$3.8M	$12.0M	50x	as long as short
Nado AVAX-PERP	−0.0119%	1h	10.711	+0.159%	$281K	$334K	10x	as long as short
Variational Omni AVAX	−0.0074%	8h	10.658	−0.341%	$2.9M	$2.2M	—	as long as short
dYdX AVAX-USD	0.0000%	1h	10.717	+0.215%	$92K	$111K	10x	as long as short
Deribit AVAX_USDC-PERPETUAL	0.0000%	1h	10.695	+0.009%	$4.8M	$6.9M	25x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	10.709	+0.142%	$12K	—	150x	as long as short
Gate AVAX_USDT	+0.0007%	8h	10.695	+0.009%	$13.0M	$30.5M	75x	as long as short
Injective AVAX/USDC PERP	+0.0033%	1h	10.760	+0.617%	$17K	$151K	12x	as long as short
Bybit AVAXUSDTlong	+0.0081%	8h	10.694	long leg	$81.5M	$142.3M	75x
Paradex AVAX-USD-PERP	+0.0085%	8h	10.713	+0.177%	$12K	$212	20x	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	10.693	−0.011%	$1.2M	$2.4M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	10.712	+0.168%	$25K	$472K	50x	as long as short
Hyperliquid AVAX	+0.0100%	1h	10.705	+0.103%	$36.8M	$43.4M	10x	as long as short
Aster AVAXUSDT	+0.0100%	8h	10.699	+0.049%	$2.2M	$969K	75x	as long as short
Pacifica AVAX	+0.0100%	1h	10.719	+0.229%	$269K	$129K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	10.697	+0.027%	$113.2M	$416.8M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	10.694	0.000%	$18.8M	$110.6M	50x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	10.695	+0.009%	$45.9M	$78.9M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	10.694	0.000%	$13.6M	$22.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	10.694	0.000%	$32.3M	$48.3M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	10.694	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	10.696	+0.019%	$436K	$558K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	10.677	−0.163%	$338K	$1.1M	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	10.684	−0.094%	$172K	$662K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	10.714	+0.187%	$135K	$347K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	10.701	+0.065%	$231K	$255K	20x	as long as short
SunX AVAX-USDTshort	+0.0100%	8h	10.736	+0.395%	$11K	$770K	20x
SoDEX AVAX-USD	+0.0100%	1h	10.695	+0.009%	$18K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	10.713	+0.173%	$326K	$880K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	10.695	+0.009%	$28.5M	$5.8M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	10.689	−0.043%	$609K	$1.4M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	10.687	−0.063%	$245K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	10.693	−0.009%	$4.6M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0224%	1h	10.704	+0.094%	$852K	$5.0M	50x	as long as short
Reya AVAXRUSDPERP	+0.0245%	1h	10.709	+0.137%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0443% / S −0.0294%	1h	10.698	+0.037%	$226K	—	120x	as long as short