AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0119%/8h= +13.0% APRnext payment +$0.15 per $10,000 · paid last 24h +0.150%

Price spread now: ApeX Omni against Deribit+0.107%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$970.968% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.657%+$66 on $10k

Price spread, last 4 days (all we have)+0.412%+$41 · spread now +0.107%, 7d avg +0.050%

Together, before fees+1.068%+$107 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and ApeX Omni is 0.057% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit AVAX_USDC-PERPETUAL	11.167	−0.0019	get 0.0002% / 1h	28m 55s	$5.2M	$7.9M	25x
Short	ApeX Omni AVAXUSDT	11.179	0.0100	get 0.0013% / 1h	28m 55s	$180K	$678K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.107%Rate

Funding earned: $24.9
Price spread: +0.107% → +0.050%: $5.7
Slippage, 4 orders: −$79.76
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$66.16
Costs to cover: 0.968%
Break-even: 25.6 days

Slippage from Deribit: live order book, 5 min ago; ApeX Omni: live order book, 34 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 Deribit live order book, 5 min ago	1.35 bp	4.8 bp −$5	19.6 bp −$196	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 34 min ago	14.79 bp	52.9 bp −$53	104.0 bp −$1,040	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
Injective AVAX/USDC PERP	−0.1374%	1h	11.120	−0.421%	$17K	$151K	12x	as long as short
Nado AVAX-PERP	−0.0081%	1h	11.171	+0.040%	$287K	$448K	10x	as long as short
Deribit AVAX_USDC-PERPETUALlong	−0.0019%	1h	11.167	long leg	$5.2M	$7.9M	25x
dYdX AVAX-USD	0.0000%	1h	11.172	+0.042%	$103K	$87K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.171	+0.036%	$13K	—	150x	as long as short
Kraken Futures PF_AVAXUSD	+0.0045%	1h	11.171	+0.040%	$4.3M	$11.5M	50x	as long as short
Lighter AVAX	+0.0096%	1h	11.166	−0.007%	$1.2M	$2.9M	10x	as long as short
Popdex AVAXUSDT	+0.0096%	1h	11.169	+0.018%	$16K	$564K	50x	as long as short
Paradex AVAX-USD-PERP	+0.0100%	8h	11.175	+0.076%	$13K	$434	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.169	+0.021%	$2.3M	$1.2M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.179	+0.107%	$291K	$112K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.168	+0.011%	$119.4M	$433.1M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.163	−0.036%	$88.7M	$138.1M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.163	−0.036%	$20.1M	$117.8M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.168	+0.009%	$12.2M	$34.9M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.168	+0.009%	$48.0M	$79.1M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.170	+0.027%	$15.7M	$21.8M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.166	−0.009%	$33.5M	$48.5M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.167	0.000%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.167	0.000%	$357K	$497K	15x	as long as short
Variational Omni AVAX	+0.0100%	8h	11.168	+0.011%	$2.9M	$2.3M	—	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.174	+0.059%	$358K	$801K	10x	as long as short
ApeX Omni AVAXUSDTshort	+0.0100%	1h	11.179	+0.107%	$180K	$678K	50x
Polymarket Perps AVAX-USD	+0.0100%	1h	11.173	+0.054%	$131K	$349K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.178	+0.099%	$196K	$313K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.202	+0.311%	$12K	$701K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.167	0.000%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.168	+0.011%	$366K	$870K	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.166	−0.009%	$29.8M	$5.6M	50x	as long as short
Extended AVAX-USD	+0.0104%	1h	11.165	−0.015%	$675K	$1.5M	25x	as long as short
Aevo AVAX-PERP	+0.0104%	1h	11.163	−0.039%	$256K	—	3x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.162	−0.045%	$5.1M	$5.5M	100x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0232%	1h	11.182	+0.134%	$899K	$5.5M	50x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.170	+0.023%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0436% / S −0.0295%	1h	11.170	+0.030%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0496%	1h	11.183	+0.143%	$43.5M	$43.1M	10x	as long as short